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TD SYNNEX (NYSE: SNX) Showcases Strong Financial Performance
Financial Modeling Prepยท 2025-09-25 20:00
Core Insights - TD SYNNEX (NYSE: SNX) is a significant player in the technology distribution and services industry, competing with major distributors like Ingram Micro and Arrow Electronics [1] - The company reported strong financial results for the quarter ending August 2025, showcasing its robust market position [1] Financial Performance - Earnings per share (EPS) for the quarter were $3.58, exceeding the estimated $3.02 and showing a year-over-year improvement from $2.86 [2][6] - Revenue reached approximately $15.65 billion, surpassing expectations and marking a 6.6% increase from the previous year's revenue of $14.68 billion [3][6] - Gross profit increased by 17.6%, reaching $1.13 billion, with a gross margin improvement from 6.54% to 7.22% [4][6] Financial Ratios - The company has a price-to-earnings (P/E) ratio of approximately 17.40 and a price-to-sales ratio of about 0.21, indicating favorable market valuation [5] - A debt-to-equity ratio of approximately 0.49 suggests a moderate level of debt, while a current ratio of around 1.26 indicates the company's ability to meet short-term liabilities [5]