Conestoga Capital Advisors, an asset management company, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets continued their momentum that began in early April, reaching new all-time highs in the third quarter. The Conestoga Micro-Cap Composite returned 11.7% net-of-fees in the third quarter, compared to the Russell Microcap Growth Index’s return of 19.9%. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2 ...

EATONTOWN, N.J., Oct. 16, 2025 (GLOBE NEWSWIRE) -- {{DATELINECITY_DATE_GLOBENEWSWIRE_BUG}}Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, will host a conference call on Thursday, October 30, 2025 at 8:30 a.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2025. The Company’s results will be reported in a press release pri ...

该案中，公司控股股东、实际控制人郭为为原告，郭郑俐作为被告，向北京市海淀区人民法院提起诉 讼，请求判令离婚并进行财产分割。一审判决情况显示，9月30日，北京市海淀区人民法院作出判决， 判决郭为与郭郑俐离婚。对于财产分割事宜，北京市海淀区人民法院将继续审理，再行裁判。 神州数码2025年中报显示，郭为是神州数码控股股东，他共计持有公司1.55亿股，占总股本比例为 21.49%，而在今年1月，其中半数已遭法院冻结。 神州数码此前发布的《关于公司控股股东部分股份冻结的公告》显示，郭为被冻结的股份数量为 7738.89万股，占其所持股份的50%，占公司总股本比例为11.56%，本次冻结法院系郭为先生婚姻家庭 纠纷案件受理法院。截至10月10日收盘，神州数码股价为43.86元，以此计算，郭为被冻结股份对应市 值约为33.94亿元。 公告也同时指出，公司与控股股东、实际控制人在资产等方面完全分开，具有独立完整的资产、业务及 自主经营能力。本次诉讼仅涉及控股股东、实际控制人个人对公司的股东权益，不会对公司利润和生产 A股或将再现天价离婚案。10月11日，神州数码公告称北京市海淀区人民法院已判决公司控股股东、实 控人郭为离婚 ...

Core Insights - Three stocks are highlighted with strong buy rankings and momentum characteristics for investors to consider on October 2nd: Robinhood Markets, Futu Holdings, and TD SYNNEX CORP [1][2][3][4] Company Summaries Robinhood Markets (HOOD) - The company offers trading services in crypto, stocks, options, ETFs, cash management, margin and securities lending, and Robinhood Gold [1] - It has a Zacks Rank of 1 (Strong Buy) and the Zacks Consensus Estimate for its current year earnings increased by 7.9% over the last 60 days [1] - Shares gained 42.1% over the last three months compared to the S&P 500's gain of 7.8% [2] - The company possesses a Momentum Score of A [2] Futu Holdings (FUTU) - This technology company provides a digitized brokerage platform and is primarily engaged in online brokerage services and margin financing [2] - It has a Zacks Rank of 1 and the Zacks Consensus Estimate for its current year earnings increased by 17.6% over the last 60 days [2] - Shares gained 46.6% over the last three months compared to the S&P 500's gain of 7.8% [3] - The company possesses a Momentum Score of A [3] TD SYNNEX CORP (SNX) - The company is a leading global IT distributor and solutions aggregator, providing a comprehensive range of technology distribution, logistics, and integration services [3] - It has a Zacks Rank of 1 and the Zacks Consensus Estimate for its current year earnings increased by 4.7% over the last 60 days [3] - Shares gained 18.4% over the last three months compared to the S&P 500's gain of 7.8% [4] - The company possesses a Momentum Score of A [4]

Group 1 - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]

Financial Performance and Key Metrics Changes - Consolidated gross billings reached $22.7 billion, growing 12%, or 10% in constant currency, with non-GAAP diluted earnings per share of $3.58, a 25% year-over-year increase [3][4][10] - Net revenue was $15.7 billion, up 7% year-over-year, with gross profit increasing 18% to $1.1 billion [12][14] - Non-GAAP operating income rose 21% year-over-year to $475 million, with a non-GAAP operating margin of 2.09%, representing a 15 basis point improvement [13][14] Business Line Data and Key Metrics Changes - The Endpoint Solutions portfolio saw a 10% year-over-year increase in gross billings, driven by demand for PCs and a higher mix of AI PCs [10][11] - Advanced Solutions portfolio gross billings increased by 13% year-over-year, with HYVE reporting mid-30s growth due to strong demand in cloud infrastructure [11][12] - Software gross billings increased by 26%, driven by cybersecurity and infrastructure software [4] Market Data and Key Metrics Changes - Latin America and Asia Pacific & Japan experienced strong double-digit growth in gross billings, validating the company's go-to-market strategy [5] - The U.S. public sector business saw low single-digit growth, with state and local strength offset by federal softness [6] Company Strategy and Development Direction - The company is enhancing its Destination AI Enablement Program to support partners in adopting AI solutions [7] - A unified portal, TD SYNNEX PartnerFirst, was launched to optimize partner experience and streamline operations [9] - The company continues to onboard new vendors and expand its addressable market, particularly in cybersecurity [6][7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued demand for HYVE and distribution, with expectations for strong performance in Q4 [19][30] - The company anticipates gross billings in Q4 to be between $23 billion and $24 billion, representing an approximate 11% increase at the midpoint [16] Other Important Information - Free cash flow for the year is expected to be approximately $800 million, with Q4 free cash flow projected around $850 million [24][25] - The board approved a cash dividend of $0.44 per common share, payable on October 31, 2025 [15] Q&A Session Summary Question: Insights on HYVE dynamics in fiscal forecast - Management noted significant growth across all programs and customers, with confidence in continued demand for Q4 [19][20] Question: Comments on PC pull forward and free cash flow expectations - Management indicated limited pull forward for PCs, driven mainly by the Windows 11 refresh and AI PCs, with free cash flow expectations adjusted to approximately $800 million for the year [22][24] Question: Sustainability of current performance - Management believes the overperformance is sustainable, driven by strong demand in PCs, software, and cybersecurity [30] Question: Progress in onboarding new customers for HYVE - Management reported healthy progress in diversifying the customer base, with growth primarily from networking and traditional compute [32][34]

Financial Data and Key Metrics Changes - Consolidated gross billings reached $22.7 billion, growing 12% year over year, with a 10% increase in constant currency [3][4] - Non-GAAP diluted earnings per share was $3.58, a 25% increase year over year, exceeding guidance [4][14] - Net revenue was $15.7 billion, up 7% year over year, above the high end of guidance [12][14] - Gross profit increased 18% year over year to $1.1 billion, with a gross margin of 5%, up 23 basis points year over year [12][13] Business Line Data and Key Metrics Changes - Endpoint Solutions portfolio gross billings increased 10% year over year, driven by demand for PCs and AI PCs [10][14] - Advanced Solutions portfolio gross billings increased 13% year over year, with HIVE showing mid-30s growth due to server and networking rack builds [10][11] - Software gross billings increased 26% year over year, driven by cybersecurity and infrastructure software [4] Market Data and Key Metrics Changes - Strong double-digit growth in gross billings was observed in Latin America and Asia Pacific & Japan [5] - SMB and MSP segments grew substantially above the company average in most geographies [5] - U.S. public sector business saw low single-digit growth, with state and local strength offset by federal softness [6] Company Strategy and Development Direction - The company is focused on a differentiated go-to-market strategy, expanding its addressable market by onboarding new vendors [6][9] - The Destination AI Enablement Program is being enhanced to support partners in adopting AI solutions [7] - A unified portal, TD SYNNEX Partner First, is being launched to optimize partner experience and streamline operations [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued strong performance, particularly in HIVE and distribution, with expectations for Q4 to reflect similar strength [20][28] - The company anticipates gross billings in Q4 to be in the range of $23 to $24 billion, representing an increase of approximately 11% at the midpoint [16] - Free cash flow expectations for the year are approximately $800 million, with Q4 expected to contribute around $850 million [24][25] Other Important Information - The company returned $210 million to stockholders in the quarter, with $174 million in share repurchases and $36 million in dividends [14] - The board approved a cash dividend of $0.44 per common share, payable on October 31, 2025 [15] Q&A Session Summary Question: HIVE dynamics in fiscal forecast and next year outlook - Management noted strong growth across all programs and customers in HIVE, with confidence in continued demand for Q4 [19][20] Question: Comments on PC pull forward and free cash flow expectations - Management indicated limited pull forward for PCs, driven by Windows 11 refresh and AI PCs, with free cash flow expected to be around $800 million for the year [22][24] Question: Sustainability of current performance and potential pull forward - Management believes the overperformance is sustainable, driven by strong demand in distribution and HIVE [28] Question: Progress in onboarding new customers for HIVE - Management confirmed ongoing progress in diversifying the customer base, with growth primarily from traditional compute and networking [30][31]

Financial Highlights - Q3 2025 - Non-GAAP gross billings reached an all-time high of $22.7 billion, a 12% year-over-year increase[5, 6] - Non-GAAP diluted EPS also hit a record high at $3.58, up 25% year-over-year[5, 6] - Strategic technologies accounted for approximately 31% of non-GAAP gross billings[6, 22] - Free cash flow was $214 million[6] - The company returned $210 million to stockholders[6] - Non-GAAP operating margin was 3.03%, a 35 bps year-over-year increase[6] Regional Performance - Q3 2025 - Americas non-GAAP gross billings were $14.2 billion, a 9% year-over-year increase[10] - Europe non-GAAP gross billings were $6.9 billion, a 14.9% year-over-year increase[10] - APJ (Asia-Pacific and Japan) non-GAAP gross billings were $1.7 billion, a 29.7% year-over-year increase[10] Technology Category Performance - Advanced Solutions non-GAAP gross billings grew by 13%[16] - Endpoint Solutions non-GAAP gross billings grew by 10%[16] Q4 2025 Outlook (Non-GAAP) - Gross billings are projected to be between $23.0 billion and $24.0 billion[13] - Diluted earnings per share are expected to be in the range of $3.45 to $3.95[13]

Group 1 - Ingram Micro Holding Corporation is highlighted as a promising IPO tech stock, particularly following its strategic partnership with Keepit, a cloud-native data protection provider [1] - The partnership aims to enhance Keepit's market presence in Germany and Switzerland by providing access to its SaaS data protection solutions for value-added resellers, managed service providers, and managed security service providers [2] - Ingram Micro will assist Keepit in marketing, sales, and support in these regions, while also offering flexible purchasing and financing solutions [3] Group 2 - Ingram Micro operates as a distributor of IT products, cloud services, and other offerings across various global regions, including North America, Europe, the Middle East, Africa, Asia-Pacific, and Latin America [4]

Company Overview - TD SYNNEX is a leading global IT distributor and solutions aggregator, providing a comprehensive range of technology distribution, logistics, and integration services [11] - The company was rebranded from SYNNEX Corporation to TD SYNNEX in September 2021 following its merger with Tech Data Corporation, which significantly expanded its global reach and vendor partnerships [11] Investment Analysis - TD SYNNEX currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B [12] - The company has a Momentum Style Score of B, and its shares have increased by 2.9% over the past four weeks [12] - In the last 60 days, five analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate rising by $0.29 to $12.11 per share [12] - TD SYNNEX has an average earnings surprise of +3% [12] Recommendation - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, TD SYNNEX should be considered for investors' short lists [13]