TD SYNNEX (US:SNX)2021-09-28 18:01Financial Performance & Outlook - Q3 FY21 revenue was $5.2 billion, a 2% year-over-year decrease due to supply chain issues[22, 25] - Q3 FY21 Non-GAAP operating margin was 3.23%, a 43 bps year-over-year increase[23, 25] - The company anticipates Q4 FY21 revenue between $15 billion and $16 billion[29] - Q4 FY21 non-GAAP net income is projected to be between $242 million and $272 million[29] - Q4 FY21 non-GAAP diluted EPS is expected to be in the range of $2.50 to $2.80[29] Strategic Initiatives & Financial Strength - The company expects over 25% accretion to non-GAAP diluted EPS in the first year following the merger[15] - The company aims for $200 million in net annual cost optimization benefits by the end of the second year[15] - The company has approximately $4.5 billion in liquidity, including ~$1 billion in cash and cash equivalents and $3.5 billion available from the Revolving Credit Facility[31] - The company's net debt-to-LTM adjusted EBITDA is approximately 0[34] Historical Data - The company's revenue has grown consistently, reaching $22.1 billion in the trailing twelve months (TTM)[20]