TD Synnex Corporation
TD SYNNEX Announces Strong Fiscal 2024 Fourth Quarter and Annual Results
Summary
TD SYNNEX Corporation reported robust financial results for its fiscal fourth quarter and full year ended November 30, 2024. The company achieved revenue of $15.8 billion for the quarter and $58.5 billion for the year, surpassing guidance. Non-GAAP diluted earnings per share (EPS) were $3.09 for Q4 and $11.68 for the full year. TD SYNNEX also announced a dividend of $0.44 per share for Q1 2025 and provided outlook for the first quarter of fiscal 2025.
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About TD Synnex Corporation
TD Synnex Corporation is a global leader in business process services, specializing in the distribution of technology products and services. The company's primary function is to provide comprehensive supply chain solutions, acting as a vital conduit between technology manufacturers and end-users across various sectors, including IT, education, healthcare, and government. TD Synnex plays a critical role in ensuring the efficient movement of technology products from production to market, thereby enhancing the scalability and reach of its vendor partners. The company offers a broad array of value-added services, such as logistics, integration, and financial services, thus facilitating optimized technology solutions for its clientele. Headquartered in Florida, TD Synnex operates across multiple continents, cementing its market significance as a reliable partner in the ever-evolving tech distribution landscape. It significantly impacts the technology ecosystem by enabling and accelerating access to innovative products and solutions worldwide, thus serving as a backbone for technology deployment in diverse industries.
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