TD Synnex Corporation
TD SYNNEX Reports Strong Q2 2026 Results and Announces Dividend Increase
Summary
TD SYNNEX Corporation reported record financial results for its fiscal second quarter ended May 31, 2026, with revenue of $19.6 billion, a 31.0% increase year over year. The company also announced a quarterly cash dividend of $0.48 per common share, a 9% increase from the prior year. Non-GAAP diluted earnings per share were $4.85, significantly above the high end of the company's outlook. TD SYNNEX provided an outlook for the third quarter of 2026, expecting revenue between $18.2 and $19.0 billion and non-GAAP diluted earnings per share between $4.25 and $4.75.
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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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