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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Synnex (SNX) delivered earnings and revenue surprises of -0.36% and 1.63%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?

Synnex (SNX) Lags Q3 Earnings Estimates

Macy's

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal third quarter ended August 31, 2022.     Q3 FY22     Q2 FY22(2)     Q3 FY21     Net Change from Q2 FY22   Net Change from Q3 FY21 Revenue ($M)   $ 15,356     $ 15,270     $ 5,207     0.6 %   194.9 % Operating income ($M)   $ 241.5     $ 252.7     $ 148.2     (4.4 ) %   63.0 % Non-GAAP operating income ($M)(1)   $ 398.3     $ 398.3     $ 168.2     — %   136.7 % Operating ma

TD SYNNEX Reports Fiscal 2022 Third Quarter Results

Revenue contributions from the Tech Data business and a steady IT spending environment due to rapid digital transformation are likely to have aided TD SYNNEX's (SNX) Q3 performance.

Key Factors to Note Ahead of TD SYNNEX's (SNX) Q3 Earnings

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In collaboration with IAconnects, TD SYNNEX (SNX) introduces an advanced IoT solution to accelerate the time taken by its partners for managing smart building architecture while reducing costs.

TD SYNNEX (SNX) & IAconnects Unveil Integrated IoT Solution

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FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced today the launch of IAconnects MobiusFlow® Click-to-Run™ on Azure, which simplifies the complex process of configuring a solution that provides hardware, software and infrastructure to manage smart buildings. The advanced commissioning Internet of Things (IoT) solution, designed by the TD SYNNEX Solutions Factory, helps partners overcome the challenge of successfully implementing and managing smart building architecture. A

TD SYNNEX Launches Smart Office Solution with IAconnects

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it will report its financial results for the third quarter of fiscal 2022 before the U.S. market opens on Tuesday, September 27, 2022. A conference call to review the results will be held at 6:00 a.m. PT / 9:00 a.m. ET the same day, hosted by Rich Hume, CEO, and Marshall Witt, CFO. The quarterly earnings press release and a live audio webcast of the earnings call will be accessible at ir.synnex.com, and

TD SYNNEX to Announce Third Quarter Fiscal 2022 Results on September 27, 2022

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX), today announced that it has partnered with Treedom, a tree planting platform that funds agroforestry projects around the world, to create a TD SYNNEX Forest as a part of the company's first anniversary celebration. Treedom, on behalf of TD SYNNEX, will plant a tree for each of its 22,000-plus co-workers around the globe and will add to the forest with one new tree for each co-worker who joins the business in the coming

TD SYNNEX Celebrates First Anniversary by Planting 22,000+ Trees

Industry-Leading Replication Software Now Available to Customers Looking to Gain More Instant Insight from Data BOSTON , Aug. 31, 2022 /PRNewswire/ -- Syniti, a global leader in enterprise data management, announced today a new partnership with TD SYNNEX, a global IT distributor and solutions aggregator formed through the merger of Tech Data and Synnex. This partnership will provide enterprises with new access to Syniti's award-winning data management solutions.

Syniti Announces Partnership with Global IT Solutions Aggregator TD SYNNEX

The most award winning PRM solution now available to TD SYNNEX customers to help them accelerate revenue and profitability through indirect sales channels SALT LAKE CITY , Aug. 30, 2022 /PRNewswire/ -- Impartner, the world's most complete channel management platform and Partner Relationship Management (PRM) provider is announcing partnership with TD SYNNEX, a global IT distributor and solutions aggregator formed through the merger of Tech Data and Synnex. Through this partnership, TD SYNNEX will offer Impartner's award-winning PRM and Through Channel Marketing Automation (TCMA) solutions to TD SYNNEX customers to help them accelerate revenue and profitability through indirect sales channels.

Impartner Announces Partnership with Global IT Solutions Aggregator TD SYNNEX

Per the latest deal with Matterport, TD SYNNEX (SNX) will distribute Matterport's 3D digital twin platform among its huge client base, enabling the latter to expand its presence in the North American market.

TD SYNNEX (SNX) Ties Up With Spatial Data Provider Matterport

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Why Synnex (SNX) is a Top Value Stock for the Long-Term

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) is proud to be Certified™ by Great Place to Work® in the company's first year since the completion of the merger. The prestigious award is based entirely on what current co-workers say about their experience working at TD SYNNEX. This year, 74% of co-workers said it's a great place to work – 17 points higher than the average U.S. company. Great Place to Work® is the global authority on workplace culture, co-worker experi

TD SYNNEX Earns 2022 Great Place to Work Certification™

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

Synnex (SNX) Up 7.8% Since Last Earnings Report: Can It Continue?

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced today the launch of the most inclusive and comprehensive Independent Software Vendor (ISV) experience available in the market. The ISV experience is designed to help accelerate Software-as-a-Service (SaaS) opportunities in the channel by leveraging the TD SYNNEX partner ecosystem to power IT operations, automate complex processes, and deploy new functionalities that drive sales, boost go-to-market practices, and deliver su

TD SYNNEX Launches Channel Leading Independent Software Vendor Experience

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Per the latest deal with Amazon Web Services, TD SYNNEX (SNX) will distribute AWS Storage Gateway Hardware Appliance for on-premise deployments.

TD SYNNEX (SNX) to Offer Storage Gateway Hardware Appliance

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) has announced a plan to distribute Amazon Web Services (AWS) Storage Gateway Hardware Appliance, a physical, standalone, validated server configuration for on-premises deployments. TD SYNNEX is serving as a global integrator for AWS Storage Gateway Hardware Appliance, as well as providing deployment and migration services to move customers' data from on-premise storage to the cloud. This global distribution arrangement a

TD SYNNEX to Distribute AWS Storage Gateway Hardware Appliance

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--Today, TD SYNNEX Corporation (the “Company”) announced the final results of the Company's offer to exchange the Company's outstanding unregistered notes for new registered notes (the "Exchange Offer"). Under the Exchange Offer, the Company offered to exchange up to (i) $700,000,000 aggregate principal amount of new 1.250% Senior Notes due 2024, (ii) $700,000,000 aggregate principal amount of new 1.750% Senior Notes due 2026, (iii) $600,000,00

TD SYNNEX Announces Results of Senior Notes Exchange

TD SYNNEX's (SNX) latest partnership with the data-centric security platform provider, Seclore, is likely to enhance its data protection offerings.

TD SYNNEX (SNX) Boosts Security Offerings With Seclore Deal

MILPITAS, Calif.--(BUSINESS WIRE)-- #cloudsecurity--Seclore, a platform leader in data-centric security, announced a new partnership with TD SYNNEX, a global IT distributor and solutions aggregator formed through the merger of Tech Data and Synnex. This partnership enables enterprises to access complete solutions to solve their data protection challenges. "Seclore has been innovating data-centric security for many years. Starting a partnership with TD Synnex for North America will be a critical step to educate

Seclore Announces Partnership with Global IT Solutions Aggregator TD SYNNEX

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TD SYNNEX's (SNX) second-quarter fiscal 2022 top line reflects the benefits of the inclusion of revenues from the last year's merger of Tech Data Corporation.

TD SYNNEX (SNX) Q2 Earnings Beat Estimates, Revenues Miss

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX today announced it has won the 2022 Microsoft Worldwide Partner of the Year Award for the second consecutive year. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. "Our Microsoft teams around the world are thrilled to be recognized as the Worldwide Partner of the Year for two consecutive years,” sa

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