TD SYNNEX (NYSE: SNX) posted better-than-expected third-quarter results on Thursday.
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 year ago.
“Our third quarter non-GAAP gross billings and diluted earnings per share established new records for our company,” said Patrick Zammit, CEO of TD SYNNEX. “Our performance is a clear result of our teams’ strong execution, a differentiated go-to-market strategy, and a global, end-to-end …