TD SYNNEX shares rise as Q3 earnings and revenue top estimates

Investing.com -- TD SYNNEX shares gained 1.7% after the IT distribution company reported third-quarter earnings and revenue that exceeded analyst expectations, while also providing an upbeat outlook for the current quarter.

The company posted adjusted earnings per share of $3.58 for its fiscal third quarter ended August 31, 2025, significantly beating the analyst consensus of $3.04. Revenue came in at $15.7 billion, above the $15.11 billion analysts had expected and representing a 6.6% increase YoY. On a constant currency basis, revenue grew 4.4% compared to the same quarter last year.

"Our third quarter non-GAAP gross billings and diluted earnings per share established new records for our company," said Patrick Zammit, CEO of TD SYNNEX. "Our performance is a clear result of our teams’ strong execution, a differentiated go-to-market strategy, and a global, end-to-end portfolio of products and services that is unrivaled."

The company’s non-GAAP gross billings, which include costs netted against revenue for certain service contracts, reached $22.7 billion, up 12.1% YoY. Gross margin improved to 7.22% from 6.54% in the prior-year quarter.

Looking ahead, TD SYNNEX provided fourth-quarter guidance above analyst expectations. The company forecasts Q4 revenue between $16.5 billion and $17.3 billion, compared to the consensus estimate of $15.99 billion. Adjusted EPS is expected to range from $3.45 to $3.95, exceeding the analyst consensus of $3.33.

The company also announced a quarterly cash dividend of $0.44 per share, representing a 10% increase YoY, payable on October 31, 2025, to stockholders of record as of October 17, 2025

Related articles

TD SYNNEX shares rise as Q3 earnings and revenue top estimates

8 Warren Buffett-Backed Stocks to Navigate September Volatility

EUR/USD Could Rebound as Bond-Driven US Dollar Strength Looks Overdone

View Comments