SYNNEX Corp. (SNX) Tops Q3 EPS by 6c, Offers Guidance

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Go back to SYNNEX Corp. (SNX) Tops Q3 EPS by 6c, Offers Guidance

TD SYNNEX Reports Fiscal 2024 Third Quarter Results

September 26, 2024 8:05 AM EDT

Revenue of $14.7 billion, at the upper end of our outlook of $13.3 - $14.9 billion. Non-GAAP gross billings(1) of $20.3 billion, above the high end of our outlook of $18.9 - $20.1 billion. Net income of $179 million, and non-GAAP net income(1) of $245 million, above the midpoint of our outlook. Diluted earnings per share (EPS) of $2.08, and non-GAAP diluted EPS(1) of $2.86, above the midpoint of our outlook. Cash provided by operations of $386 million and free cash flow(1) of $339 million. Returned $91 million to stockholders in the form of $57 million of share repurchases and $34 million in... More