TD SYNNEX Reports Record Q4 Results, Exceeding Outlook and Raising Dividend

summarizeSummary

TD SYNNEX Corporation announced record fiscal fourth-quarter results, surpassing its own outlook for revenue and gross billings, and increased its quarterly cash dividend by 9%.

check_boxKey Events

• Record Fiscal Q4 Performance

  Reported revenue of $17.4 billion (up 9.7% year-over-year) and non-GAAP gross billings of $24.3 billion (up 14.7% year-over-year), both exceeding the high end of the company's outlook.

• Strong EPS Growth

  Non-GAAP diluted EPS increased by 24.0% year-over-year to $3.83.

• Increased Quarterly Dividend

  Declared a quarterly cash dividend of $0.48 per common share, representing a 9% increase from the prior year.

• Robust Cash Flow

  Generated $1.5 billion in cash from operations and $1.4 billion in free cash flow.

auto_awesomeAnalysis

TD SYNNEX Corporation delivered strong financial performance in its fiscal fourth quarter, with revenue and non-GAAP gross billings exceeding the high end of its own outlook. The significant 24% year-over-year growth in non-GAAP diluted EPS, coupled with robust cash flow generation, indicates operational strength. The 9% increase in the quarterly dividend signals confidence in future profitability and commitment to shareholder returns. These results suggest a positive trajectory and successful execution of the company's strategy.