The IT distributor reported $4.85 non-GAAP EPS and $19.58 billion revenue, exceeding analyst expectations.
TD SYNNEX posted second-quarter non-GAAP earnings per share of $4.85, surpassing estimates by $0.71. Revenue reached $19.58 billion, up 31% year-over-year and $2.78 billion above projections.
The company’s revenue growth of 31% in USD and 29.1% in constant currency outpaced the high end of its guidance. The $19.6 billion total marked a significant acceleration from prior periods.
Shares may react to the stronger-than-expected performance in pre-market trading.