earnings
confidence high
sentiment positive
materiality 0.65
TD SYNNEX Q4 revenue $15.8B beats outlook; dividend raised 10% to $0.44
TD SYNNEX CORP
2024-FY EPS reported
$7.95
revenue$58,452,436,000
- Q4 GAAP revenue $15.84B (+10% YoY) vs outlook $14.9-15.7B; non-GAAP diluted EPS $3.09 above midpoint.
- Non-GAAP gross billings $21.2B vs outlook midpoint $20.5-21.5B; GAAP operating income $324.8M (+13.2% YoY).
- FY2024 revenue $58.45B (+1.6% YoY); non-GAAP diluted EPS $11.68; operating cash flow $1.2B, free cash flow $1.0B.
- Board declared Q1 dividend $0.44 per share, up 10% from prior Q4; returned $750M to shareholders in FY2024 ($612M buybacks, $138M dividends).
- Americas rev $9.2B (+10.6% YoY), Europe $5.5B (+5.5%), APJ $1.1B (+31.7%); all regions grew.