SYNNEX

TD SYNNEX Corp. engages in the distribution and aggregation of solutions in the information technology ecosystem. It operates through the following geographical segments: Americas, Europe, and Asia-Pacific and Japan. The firm offers IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and datacenter infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. It also provides system design and integration solutions. The company was founded by Robert T. Huang in 1980 and is headquartered in Fremont, CA.

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SYNNEX (SNX) surpasses Q4 targets, eyes IT spending growth

SYNNEX delivered strong financial performance, exceeding targets and showcasing growth across regions and business segments. Challenges lie in the PC market and supply chain constraints, but opportunities abound in IT spending growth and cost synergies realization.

SYNNEX (SNX) reports resilient Q1 performance amidst market challenges

SYNNEX (SNX) delivered a solid performance in Q1 despite challenges in the PC market, showcasing strength in high growth technologies and resilient segments like SMB and government spend.
The company faces challenges related to customer caution, inventory management, and endpoint device improvements but sees opportunities in market expansion, efficiency gains, and technological advancements.
Overall sentiment remains stable across sales channels, with a focus on capital allocation, cash flow generation, and shareholder returns through dividends and share repurchases.
Interest expense is expected to decrease in the second half, and the company is well-positioned to leverage growth opportunities in advanced solutions and new technologies.

SYNNEX shows resilience in Q2, eyes market recovery and M&A

SYNNEX's Q2 showcased resilience, growth in Advanced Solutions, and cost synergies. Challenges include PC demand decline and elongated sales cycles. Opportunities lie in market sentiment recovery, M&A pursuits, and tech spending trends.

SYNNEX reports positive Q3 results amidst European challenges and growth opportunities

SYNNEX's Q3 performance showed growth in key areas but faced challenges in Europe due to macroeconomic factors.
The company's focus on cost optimization and new solutions highlights a commitment to driving value for customers.
While maintaining market share in the Americas, efforts are ongoing to address challenges and capitalize on growth opportunities.
Overall, SYNNEX remains optimistic about future prospects and is actively working towards further optimization and expansion.

SYNNEX (SNX) surpasses Q4 expectations, eyes growth amidst challenges

SYNNEX (SNX) reported strong Q4 results, exceeding expectations in key financial metrics and showcasing resilience amidst market challenges. The company's focus on ESG, digital capabilities, and strategic investments positions it well for future growth. Challenges in margin optimization and market headwinds require careful navigation, but opportunities for growth through new segments and improved solution offerings are on the horizon.

SYNNEX (SNX) reports strong Q1 earnings, eyes AI opportunities

SYNNEX (SNX) had a strong start to the fiscal year with record margins and solid growth in Advanced Solutions. Despite challenges in mobile devices and some billing declines, the company remains optimistic about future opportunities.
The outlook for Q2 shows expectations for continued financial strength, with a focus on AI-related demand and strategic decisions to optimize revenue growth. Management's appreciation for quarter performance and dedication of coworkers highlight a positive outlook for the company.
With a focus on maintaining financial performance, capitalizing on AI-related opportunities, and addressing challenges in specific segments, SYNNEX (SNX) aims to navigate market dynamics and drive growth in the coming quarters.

SYNNEX Q2 Earnings Up, Bullish on AI and New CEO

SYNNEX's Q2 2024 earnings call highlighted a positive financial trajectory with a 3% increase in gross billings and strong shareholder returns. The company is optimistic about future growth, driven by technological investments and new leadership under CEO Patrick Zammit. AI and AI PCs are identified as key growth areas.

SYNNEX reports growth in Q3 earnings, eyes AI investments

SYNNEX demonstrated solid performance in Q3 with growth in gross billings and a focus on key business priorities.
While facing challenges in non-GAAP gross profit, the company aims to optimize cost management and drive free cash flow.
Opportunities lie in investments in AI, strategic technologies, and potential M&A strategies to fuel future growth and innovation.

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FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX, a leading distributor and solutions aggregator for the IT ecosystem that enables partners to unlock growth opportunities across over 100 countries, proudly announced that it received a score of 100 on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. TD SYNNEX joins the rank

TD SYNNEX Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index

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Synnex (SNX) reported earnings 30 days ago. What's next for the stock?

Why Is Synnex (SNX) Down 1.5% Since Last Earnings Report?

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it has been named one of the “World's most Admired Companies” by Fortune for the first time as a newly merged company. “It's humbling for TD SYNNEX to receive such prestigious recognition just six months after completing our merger,” said Rich Hume, chief executive officer at TD SYNNEX. “Both our legacy businesses have proud histories of being recognized as World's Most Admired Companies, and I am honored

TD SYNNEX Named a Fortune World's Most Admired Company

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FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced today the launch of the Passage Program, a professional service for current partners. Delivered through the TD SYNNEX Cyber Range, the program is designed to help bridge the growing cybersecurity skills gap through development of upcoming and established cybersecurity professionals. “Globally, we are seeing a massive shortage of cybersecurity professionals, with nearly 2.7 million professionals needed to fill cybersecurity

TD SYNNEX Launches New Cybersecurity Skills and Placement Program

The latest strategic collaboration with Amazon's wholly-owned subsidiary, Amazon Web Services, will help TD SYNNEX (SNX) enhance its digital offerings and expand its customer base.

TD SYNNEX (SNX) Signs SCA With AWS, Boosts Digital Offerings

LONDON--(BUSINESS WIRE)--SentryBay's Armored Client and Data Protection Suite added to TD SYNNEX product portfolio following partnership agreement

SentryBay Partners with TD SYNNEX to Provide Crucial Endpoint Data Security as BYOD Adoption Picks Up Pace

BRISBANE, Australia & CLEARWATER, Fla.--(BUSINESS WIRE)--Megaport Announces Partnership with TD SYNNEX as Leading Network as a Service (NaaS) Vendor Partner

Megaport Announces Partnership with TD SYNNEX as Leading Network as a Service (NaaS) Vendor Partner

Synnex (SNX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Synnex (SNX) Upgraded to Strong Buy: Here's What You Should Know

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--Today, TD SYNNEX Corporation announced a new strategic collaboration agreement (SCA) with Amazon Web Services, Inc. (AWS). The SCA provides investment in resources to help small and medium-sized businesses and public sector organizations expand their digital business offerings by leveraging an enhanced range of AWS Cloud services. The agreement covers the North America, Latin America, and Caribbean regions, building off the momentum and succe

TD SYNNEX Announces New Strategic Collaboration Agreement with AWS

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Shipments of personal computers and laptops totaled 341 million units last year, the highest total in a decade.

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TD Synnex Corp (SNX) CEO Richard Hume on Q4 2021 Results - Earnings Call Transcript

TD SYNNEX's (SNX) fourth-quarter fiscal 2021 top line reflects the benefits from the inclusion of revenues from the recently completed merger of Tech Data Corporation.

TD SYNNEX (SNX) Surges 4% as Q4 Earnings Beat Estimates

Synnex (SNX) delivered earnings and revenue surprises of 7.52% and 0.61%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

Synnex (SNX) Q4 Earnings and Revenues Surpass Estimates

TD Synnex Corp (NYSE: SNX) reported fourth-quarter FY21 revenue growth of 155.1% year-over-year to $15.61 billion, beating the consensus of $14.25 billion. The increased revenue reflects the completion of the merger with Tech Data on September 1, 2021.

TD Synnex Q4 Earnings Beat Estimates; Provides Upbeat Outlook

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal fourth quarter and fiscal year ended November 30, 2021.     Q4 FY21     Q4 FY20     Net change   Revenue ($M)   $ 15,611     $ 6,119     155.1%   Operating income ($M)   $ 185.4     $ 200.4     -7.5%   Non-GAAP operating income ($M)(1)   $ 407.9     $ 220.6     84.9%   Operating margin     1.19 %     3.27 %   -208 bps   Non-GAAP operating margin(1)     2.61 %     3.61 %

TD SYNNEX Reports Fiscal 2021 Fourth Quarter and Full Year Results

MicroStrategy Incorporated

TD SYNNEX (SNX) partners with the leading business intelligence company, MicroStrategy, and enhances its portfolio of internet of things, data, and analytics solutions.

TD SYNNEX (SNX), MicroStrategy Tie Up In North America

Synnex (SNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Synnex (SNX) Q4 Earnings Expected to Decline

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX, a global distributor and solutions aggregator for the IT ecosystem, today announced a North American partnership with MicroStrategy, an enterprise analytics platform that delivers modern, consumer-grade experiences for every role on every device. The partnership expands the TD SYNNEX IoT, data, and analytics portfolio of partners to include a comprehensive software platform for self-service data discovery, enterprise reporting, mob

TD SYNNEX Announces Partnership with MicroStrategy

TD SYNNEX to Announce Fourth Quarter Fiscal 2021 Results on January 11, 2022

TD SYNNEX's (SNX) subsidiary, Tech Data India's latest distribution agreement with the leading provider of Zero Trust security solutions, Zscaler (ZS), is likely to enhance its security portfolio.

TD SYNNEX (SNX) Inks Deal With Zscaler, Expands Portfolio

MUMBAI, India--(BUSINESS WIRE)-- #IT--Tech Data India, a TD SYNNEX company, today announced a partnership with Zscaler, the leader in cloud security. This partnership will enable partners to purchase security solutions and services as part of the Zscaler™ Zero Trust Exchange™ platform directly from Tech Data India. The benefits of this partnership for Tech Data India customers include: Secure digital transformation with the Zscaler Zero Trust Exchange, a cloud native platform that provides fast, secu

Tech Data Partners with Zscaler to Offer Zero Trust Security Solutions in India

TD SYNNEX's (SNX) subsidiary, Hyve Solutions, qualifies Micron's 7400 E1.S NVMe SSD for its Polaris 9219 portfolio.

TD SYNNEX's (SNX) Hyve Adds Micron 7400 NVMe SSD to Polaris 9219

FREMONT, Calif., Dec. 14, 2021 /PRNewswire/ -- Hyve Solutions Corporation, a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, today announced it has qualified Micron's data center and enterprise-optimized 7400 E1.S SSDs with NVMe for its configurable Polaris 9219 platform.

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