TD SYNNEX (SNX) reported that its third quarter net income increased to $226.8 millionm from $178.6 million, last year. EPS was $2.74, compared to $2.08. Non-GAAP EPS was $3.58, compared to $2.86. Third quarter revenue was $15.7 billion, compared to $14.7 billion, an increase of 6.6%. On a constant currency basis, revenue increased by 4.4%. Non-GAAP gross billings were $22.7 billion, compared to $20.3 billion, an increase of 12.1%. On a constant currency basis, non-GAAP gross billings increased by 10.1%.
For the fourth quarter, the company projects earnings per share in a range of $2.50 - $3.00, non-GAAP earnings per share of $3.45 - $3.95, and revenue in a range of $16.5 - $17.3 billion.
TD SYNNEX announced that its Board of Directors declared a quarterly cash dividend of $0.44 per common share. The dividend is payable on October 31, 2025 to stockholders of record as of the close of business on October 17, 2025.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.