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Stock impact report

TD SYNNEX Q4 Earnings Beat Estimates, Revenues Increase Y/Y [Yahoo! Finance]

TD SYNNEX Corporation (SNX) 
Last td synnex corporation earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.synnex.com/investor-relations
Company Research Source: Yahoo! Finance
SNX's revenues increased 9.7% year over year to $17.4 billion and beat the consensus mark by 7.9%. On a constant-currency (cc) basis, revenues represented 7.5% year-over-year growth, driven by advancements in the Endpoint Solutions and Advanced Solutions portfolios. SNX's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average surprise being 7.8%. TD SYNNEX Corporation price-consensus-eps-surprise-chart | TD SYNNEX Corporation Quote Categorically, revenues from Endpoint Solutions reached $9.0 billion, reflecting 12% year-over-year growth. Revenues from Advanced Solutions reached $8.3 billion, reflecting 7% year-over-year growth. The non-GAAP gross profit increased 14.8% year over year to $1.19 billion, whereas the gross margin expanded 30 basis points (bps) to 6.87%. Adjusted SG&A expenses increased to $697.72 million from the year-ago quarter's $619.41 million. As a percentage of revenues, SG&A expenses expanded 5 bps Show less Read more
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