TD SYNNEX exceeds expectations – Strong year-end finish

TD SYNNEX achieved a remarkable profit of $194.8 million in the fourth quarter of the fiscal year. This translates to a surplus of $2.29 per share. Adjusted for one-time factors, earnings amounted to $3.09 per share. This exceeded analysts' forecasts, who had anticipated earnings of $3.06 per share. The technology company's revenue was an impressive $15.84 billion, also surpassing analysts' expectations, who had projected revenue of approximately $15.29 billion. For the entire fiscal year, TD SYNNEX recorded a total profit of $689.1 million, or $7.95 per share, with revenue of $58.45 billion. For the current quarter ending in February, TD SYNNEX forecasts earnings per share between $2.65 and $3.15. Revenue is expected to be between $14.4 billion and $15.2 billion. These predictions suggest a continued positive business development.