TD Synnex Corp: Quarterly report
TD SYNNEX reported strong revenue and operating income growth for the third quarter of fiscal 2026 driven by expansion across distribution portfolios and Hyve Solutions.
Mixed for the companyWhat the numbers say
Revenue rose 38% to $21.6B versus the same quarter last year (10% up on the previous quarter); operating margin widened from 2.5% to 3.0%; diluted EPS $5.18 versus $2.74; cash fell by $344.9M to $749.3M while debt was flat; diluted share count down 3% (buybacks).
What happened
- Revenue increased to $21,558,406 from $15,650,924 in the prior year period, driven by growth in Endpoint Solutions, Advanced Solutions, and Hyve Solutions.
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