secwatch.observer — SEC 8-K summary
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Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2024-06-25T23:59:59+00:00
Accession:  0001177394-24-000056
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX Q2 EPS up 17.7% to $1.66 GAAP; revenue $13.9B; dividend raised 14% to $0.40
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- GAAP diluted EPS $1.66 (up 17.7% YoY); non-GAAP diluted EPS $2.73 (up 12.4% YoY); both within outlook.
- Revenue of $13.9B (down 0.8% YoY); non-GAAP gross billings $19.3B (up 3.1%); gross margin 6.98% (+13 bps).
- Returned $288M to shareholders via $254M buybacks and $34M dividends, up 210% YoY; quarterly dividend increased 14% to $0.40.
- Americas segment non-GAAP operating margin 3.3% (up 30 bps); cash used in ops $115M; negative free cash flow $153M on Hyve growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000117739424000056/0001177394-24-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000117739424000056/snx-20240625.htm
  HTML page:      https://secwatch.observer/filing/0001177394-24-000056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer