TD SYNNEX (NYSE: SNX) posted record third-quarter results on Thursday, beating revenue and earnings forecasts, but shares dipped despite strong growth and a 10% dividend increase.
The company reported revenue of $15.65 billion, which not only surpassed the analysts’ expectations of $15.11 billion but also marked a 6.6% increase from the previous year’s figure of $14.69 billion.
TD SYNNEX reported adjusted earnings of $3.58 per share for the quarter, comfortably exceeding the forecasted $3.05 per share. This performance represents a notable 25.2% growth compared to the earnings of $2.86 per share recorded a …