TD SYNNEX Corp (NYSE:SNX) shares are trading higher on Thursday after the company reported its third-quarter results.
The Fremont, California-based company reported an adjusted EPS of $2.86, beating the street view of $2.80.
Quarterly revenue of $14.69 billion, up 5.2% Y/Y, exceeded the analyst view of $14.11 billion.
On a constant currency basis, revenue increased 5.6% Y/Y, aided by growth in both the Advanced Solutions and Endpoint Solutions portfolios.
Adjusted gross billings were $20.3 billion in the quarter under review, compared to $18.58 billion in the prior fiscal third quarter.
The adjusted gross profit was $961.05 million, compared to $973.7 million in the prior fiscal third quarter. The adjusted gross margin was 6.54%, compared to ...
