TD SYNNEX: Fiscal Fourth Quarter Earnings Overview

TD SYNNEX Reports Strong Fourth Quarter Results

TD SYNNEX Corporation, headquartered in Fremont, California, announced a net income of $248.4 million for its fiscal fourth quarter.

The company’s earnings translated to $3.04 per share. When excluding amortization and stock-based compensation, adjusted earnings reached $3.83 per share.

These figures surpassed analysts’ expectations, as the consensus from six Zacks Investment Research analysts had projected earnings of $3.68 per share.

TD SYNNEX also reported quarterly revenue of $17.38 billion, outperforming the $16.89 billion estimate from five analysts polled by Zacks.

For the full fiscal year, the company achieved a profit of $827.7 million, or $9.95 per share, with total revenue amounting to $62.51 billion.

Outlook for the Next Quarter

Looking ahead to the quarter ending in February, TD SYNNEX anticipates earnings per share between $3 and $3.50. Revenue is expected to fall within the range of $15.1 billion to $15.9 billion.