earnings
confidence high
sentiment neutral
materiality 0.65
TD SYNNEX Q1 revenue up 4% to $14.5B; non-GAAP EPS $2.80; dividend raised 10% to $0.44
TD SYNNEX CORP
2025-Q1 EPS reported
$1.98
revenue$14,531,707,000
- Revenue $14.5B (+4% YoY, +6% constant currency); non-GAAP gross billings $20.7B (+7.5%).
- GAAP diluted EPS $1.98; non-GAAP diluted EPS $2.80 (within outlook). Net income $167.5M, down 2.7%.
- Quarterly dividend raised 10% to $0.44/share; returned $138M to stockholders ($101M buybacks, $37M dividends).
- Americas revenue $8.4B (+6.2%); Europe $5.1B (+0.4%); APJ $1.0B (+5.2%). Non-GAAP operating margin declined in all regions.
- Q2 FY2025 outlook: non-GAAP gross billings $20.0-20.8B; non-GAAP diluted EPS $2.70-2.90.