Information
FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial...
Original sourceAI Summary
TD SYNNEX reported $15.8B revenue, a 10% increase year-over-year. Operating income rose to $325M, showcasing improved operational efficiency. Gross margin dipped slightly to 6.57%, impacting profitability metrics. Fiscal 2025 Q1 outlook suggests stable demand with revenue between $14.4B - $15.2B. Shareholders benefited with 72% of free cash flow returned via dividends.
Sentiment Rationale
Increased revenue and operating income indicate growth, potentially supporting SNX price.
Trading Thesis
Positive earnings trends may boost short-term market sentiment for SNX.
Market-Moving
- TD SYNNEX reported $15.8B revenue, a 10% increase year-over-year.
- Operating income rose to $325M, showcasing improved operational efficiency.
- Gross margin dipped slightly to 6.57%, impacting profitability metrics.
Key Facts
- TD SYNNEX reported $15.8B revenue, a 10% increase year-over-year.
- Operating income rose to $325M, showcasing improved operational efficiency.
- Gross margin dipped slightly to 6.57%, impacting profitability metrics.
- Fiscal 2025 Q1 outlook suggests stable demand with revenue between $14.4B - $15.2B.
- Shareholders benefited with 72% of free cash flow returned via dividends.
Companies Mentioned
- SNX (SNX)
- TD SYNNEX (TD SYNNEX)
Earnings
Improved financials signal strong operational performance, likely influencing market perceptions.