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TD SYNNEX: Fiscal Q4 Earnings Snapshot

TD SYNNEX reported fiscal fourth-quarter profit of $248.4 million, as the Fremont, California-based company delivered $3.04 per share, or $3.83 on an adjusted basis. Both earnings and revenue of $17.38 billion topped Wall Street forecasts, surpassing Zacks consensus estimates of $3.68 per share and $16.89 billion. For the full year, profit reached $827.7 million, or $9.95 per share, on $62.51 billion in revenue. Looking ahead to the quarter ending in February, TD SYNNEX guides earnings of $3 to $3.50 per share and revenue between $15.1 billion and $15.9 billion.

Prepared by Christopher Adams and reviewed by editorial team.

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Neutral:
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