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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ALLENTOWN, Pa.--(BUSINESS WIRE)--ProModel Corporation, a leading provider of simulation-based predictive & prescriptive analytic decision-support solutions, has formed a partnership with Datech Solutions, the Autodesk-focused business of Tech Data, a TD SYNNEX (NYSE: SNX) company. The agreement gives partners addressing the architectural and mechanical sectors with an opportunity to broaden their portfolio, increase revenues and offer added value to their customers. With the ProModel AutoCA

ProModel Announces Partnership with Datech, a Leading Global Distributor and Solutions Aggregator for the IT Ecosystem

TD SYNNEX Appoints Adam Rutstein Director Global Corporate Responsibility

TD SYNNEX Launches New Global Security, Data and IoT Click-to-Run™ Solutions

TD SYNNEX Names Sammy Kinlaw SVP of Customer Communities in North America

TD SYNNEX's (SNX) DLT Solutions' latest distribution agreement with the leading provider of cyber, cloud and enterprise security solutions, Telos, will enhance its security portfolio.

TD SYNNEX (SNX) DLT to Offer Telos Cybersecurity Solutions

SAN JOSE, Calif., Nov. 9, 2021 /PRNewswire/ -- (from 2021 Open Compute Project Virtual Summit) - Hyve Solutions Corporation , a wholly owned subsidiary of TD SYNNEX (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, today unveiled building blocks for hyperscale infrastructures leveraging the latest Open Rack version 3 (ORv3) specifications as outlined by the Open Compute Project.

Hyve Solutions Unveils Building Blocks for Hyperscale Infrastructure

AUSTIN, Texas--(BUSINESS WIRE)--INVZBL, a technology company specializing in UV-C disinfection products, today announced TD SYNNEX as its exclusive distribution partner. The agreement gives INVZBL access to TD SYNNEX' massive reseller/dealer network across a host of vertical markets. The announcement comes as INVZBL sees continued growth through its industry-leading technology, including its N-AIR UV-C Ceiling Panel Air Purifiers available commercially to a range of businesses in the education,

INVZBL Taps TD SYNNEX as Exclusive Distribution 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.

What Makes Synnex (SNX) a New Strong Buy Stock

Wipro Limited Sponsored ADR

SNX vs. WIT: Which Stock Is the Better Value Option?

SINGAPORE--(BUSINESS WIRE)--Tech Data, a TD SYNNEX (NYSE: SNX) company, today announced that it will be collaborating with Hewlett Packard Enterprise (HPE) in Asia Pacific to grow its distribution of HPE GreenLake cloud services in the region, enabling partners to access a robust set of cloud services that help customers tackle their most challenging business outcomes. Tech Data is a long standing HPE distributor, and will initially focus its amplified HPE GreenLake distribution model in Singap

Tech Data Extends HPE GreenLake Distribution in Asia Pacific

The average of price targets set by Wall Street analysts indicates a potential upside of 36% in Synnex (SNX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 36% Upside in Synnex (SNX): Here's What You Should Know

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

Synnex (SNX) Down 4.6% Since Last Earnings Report: Can It Rebound?

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced today they have achieved more than 250 Amazon Web Service (AWS) Certifications this year – another milestone that marks the commitment to their AWS partnership and goal of exceeding 250 certifications, globally. “As a result of our Global Tech Intensity Certification Initiative, our team members committed to and achieved more than 266 certifications this year,” said Reza Honarmand, senior vice president, global cloud hyper

TD SYNNEX Achieves Amazon Web Service Certifications Goal

Tech Data Capital and Cohesity Deliver Smart Payment Solutions

TD SYNNEX (SNX) continues to gain from growing worldwide IT spending amid rapid digital transformation by focusing on innovative product launches and new deal wins.

TD SYNNEX (SNX) Rides on Rising IT Spending and New Deals

TD SYNNEX Earns the Microsoft Business Applications 2021-2022 Inner Circle Award

SAN JOSE, Calif. & GREENVILLE, S.C.--(BUSINESS WIRE)--Elisity, Inc. today announced that TD SYNNEX will add Elisity's Zero Trust Access platform to its cybersecurity portfolio.

Elisity Strengthens TD SYNNEX Cybersecurity Offerings

WEST CHESTER, Pa.--(BUSINESS WIRE)--EfficientIP, a leading provider of network security and automation solutions specializing in DNS-DHCP-IP Address Management (DDI), today announced a new strategic North American distribution agreement with TD SYNNEX (NYSE: SNX). Under the agreement, TD SYNNEX adds EfficientIP DDI and DNS Security solutions to its technology portfolio. Companies rely on EfficientIP to help control the risks and reduce the complexity of challenges they face with modern key IT i

EfficientIP North America and TD SYNNEX Announce Strategic Distribution Agreement

TD SYNNEX (SNX) launches World of Inspiration, a virtual lab, on its SMB Connect Program to visualize and collaborate on multi-vendor solutions with an immersive approach.

TD SYNNEX (SNX) Launches World of Inspiration Virtual Demo Lab

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX, a global distributor and solutions aggregator for the IT ecosystem announced their legacy company, Tech Data, has been awarded Nutanix's 2021 Americas Distributor of the Year award. The award was presented during the Partner Xchange keynote session at the Nutanix Global .NEXT Digital Experience conference. Nutanix recognized Tech Data as the sole recipient of the 2021 Americas Distributor of the Year award. Tech Data was recognized

Tech Data, a Legacy Company of TD SYNNEX Awarded the 2021 Americas Distributor of the Year from Nutanix

TD SYNNEX Launches World of Inspiration Virtual Demo Lab

TD SYNNEX's (SNX) latest partnership agreement with the leading security compliance solution provider, Tugboat Logic, will further enhance its security portfolio.

TD SYNNEX (SNX) Boosts Security Portfolio with Tugboat Partnership

TD SYNNEX Expands Security Portfolio with Tugboat Logic's Leading Security Compliance and Assurance SaaS Platform BURLINGAME, Calif., Oct. 5, 2021 /PRNewswire/ -- Tugboat Logic by OneTrust, a leading security assurance company, today announced it has joined forces with TD SYNNEX to accelerate the adoption of Tugboat Logic's leading security compliance and assurance SaaS platform.

Tugboat Logic and TD SYNNEX Team Up in First-Time Distribution Agreement

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX, a global distributor and solutions aggregator for the IT ecosystem announced their legacy company, Tech Data, has received the FY21 Americas Distributor of the Year award from Cohesity, a leader in next-gen data management. The award was presented as part of the FY21 Cohesity Partner Kickoff. "We are fortunate to have a key partner in Cohesity who recognizes the value our combined efforts bring to the technology ecosystem," said Mi

Tech Data, a Legacy Company of TD SYNNEX Receives FY21 Americas Distributor of the Year Award from Cohesity

TD Synnex(NYSE:SNX) stock rose by 1.75% on Wednesday after the company reported its Q3 earnings results on Tuesday, September 28, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

News for SYNNEX Stock (SNX)