TD SYNNEX Q2 Revenue Jumps to $19.57B, Adjusted EPS Beats at $4.85
SNX•TD SYNNEX reported fiscal second-quarter net income of $334.1 million, GAAP EPS of $4.15 and adjusted EPS of $4.85, surpassing analyst estimates of $4.07. Revenue reached a record $19.57 billion versus forecasts of $16.84 billion, and the company projects Q3 revenue of $18.2–19.0 billion with EPS guidance of $4.25–4.75.
1. Second-Quarter Financial Results
TD SYNNEX posted net income of $334.1 million in fiscal Q2, generating GAAP earnings of $4.15 per share and adjusted earnings of $4.85 per share. Both figures exceeded consensus estimates of $4.07, marking a significant profitability beat for the period.
2. Record Revenue Performance
The company recorded quarterly revenue of $19.57 billion, topping the $16.84 billion analysts had forecast and setting a new high-water mark for fiscal Q2. Growth was driven by strong demand across its high-tech distribution and services segments.
3. Third-Quarter Outlook
For the fiscal Q3 ending in August, TD SYNNEX projects revenue between $18.2 billion and $19.0 billion, with per-share earnings expected to range from $4.25 to $4.75. This guidance reflects anticipated market conditions and ongoing supply chain normalization.
