TD SYNNEX Corporation
SNX
ISIN US87162W1009 / Valor 1676033
TD SYNNEX Corporation
UMushroom community rating:
About company
TD SYNNEX Corporation is a global leader in IT distribution and services, providing a broad range of products and solutions to customers around the world. The company operates at the intersection of technology and business, leveraging its extensive expertise in areas such as cloud computing, security, data analytics, and the Internet of Things (IoT) to drive innovation and deliver value to its partners and clients. With a strategic focus on next-generation technologies, TD SYNNEX is committed to facilitating the digital transformation journey of businesses across various industries. The leadership team, including Chief Strategy Officer Sergio Farache and Chief Business Officer Simon Leung, plays a pivotal role in steering the company's growth through strategic initiatives, mergers and acquisitions, and a comprehensive approach to risk management and corporate communications. Under the guidance of Chief Human Resources Officer Beth Simonetti, TD SYNNEX also emphasizes the importance of talent management, diversity, equity, and inclusion, and corporate social responsibility, ensuring a sustainable and forward-looking approach to business.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (14.08.2024):
Revenue
TD SYNNEX Corporation reported revenue of $13.9 billion for the fiscal second quarter of 2024, which is within their outlook range of $13.3 to $14.9 billion. This represents a slight decrease of 0.8% compared to the same quarter in the previous year.
Net Income
The net income for TD SYNNEX Corporation in the fiscal second quarter of 2024 was $144 million. On a non-GAAP basis, the net income was $237 million, which falls within the company's outlook for the quarter.
Earnings Per Share
TD SYNNEX Corporation reported diluted earnings per share (EPS) of $1.66 for the fiscal second quarter of 2024. On a non-GAAP basis, the diluted EPS was $2.73, aligning with the company's projected outlook.
Shareholder Returns
In the fiscal second quarter of 2024, TD SYNNEX Corporation returned $288 million to shareholders. This included $254 million in share repurchases and $34 million in dividends, marking a 210% increase from the prior fiscal second quarter.
Dividend Announcement
TD SYNNEX Corporation announced a quarterly cash dividend of $0.40 per common share for the fiscal second quarter of 2024. This represents a 14% increase from the dividend declared in the prior fiscal second quarter.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
10936 M
Market cap (USD)
118,950
Daily traded volume (Shares)
114.27 / 112.71
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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