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TD SYNNEX Reports Fiscal 2025 First Quarter Results

1. TD SYNNEX reports Q1 growth of 9.5% in gross billings year-over-year. 2. CEO emphasizes strong business model and global reach in capturing IT spend.

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-16.73%Current Return
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-2.2%S&P 500
$125.4603/27 08:20 AM EDTEvent Start
$104.4703/28 02:29 PM EDTLatest Updated
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FAQ

Why Bullish?

The 9.5% growth in billings indicates strong demand and effective strategy, potentially boosting investor confidence. Historically, positive quarterly results have led to upward stock price adjustments.

How important is it?

Strong quarterly performance and strategic positioning are critical indicators of SNX's financial health, likely influencing investor perception significantly.

Why Short Term?

Recent financial results typically lead to immediate market reactions, impacting SNX's price in the short term. Past earnings surprises have frequently resulted in rapid price movements.

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FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal first quarter ended February 28, 2025. “The strength of our business model allowed us to grow ahead of the market in Q1. Our end-to-end strategy, global reach and specialist go to market approach continues to empower us to capture a wide range of IT spend,” said Patrick Zammit, CEO of TD SYNNEX. “Gross billings in constant currency grew by 9.5% year-over-year in Q1 with al.

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