TD SYNNEX Corporation (SNX) on Tuesday initiated guidance for the second quarter of fiscal 2026.
For the second quarter of 2026, the company expects net income of $234 million to $274 million, or $2.90 to $3.40 per share. Excluding items, earnings are projected to be in the range of $302 million to $342 million, or $3.75 to $4.25 per share.
TD SYNNEX anticipates revenue of $16.1 billion to $16.9 billion for the next quarter.
For the second quarter of 2025, the company had posted a net income of $184.92 million, or $2.21 per share, with an adjusted profit of $250.52 million, or $2.99 per share, on revenue of $14.946 billion.
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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.