Loading...
Loading...
- TD Synnex Corp (NYSE: SNX) reported fourth-quarter FY22 revenue growth of 4% year-over-year to $16.2 billion, beating the consensus of $15.8 billion.
- Adjusted EPS of $3.44 beat the consensus of $2.91.
- The adjusted operating margin expanded by 44 bps to 3.05%.
- The trailing fiscal four-quarters ROIC was 7.1% compared to 13.1% in the prior year, and the adjusted ROIC was 10.7% versus 16.0% for the previous year.
- TD Synnex produced $263.7 million in free cash flow versus $520.2 million a year ago.
- The company held cash and equivalents of $522.6 million.
- Dividend: TD Synnex declared a quarterly dividend of $0.35/share, up 17% Q/Q.
- Buyback: The board approved a share repurchase program of up to $1 billion over three years, replacing the previous three-year program.
- Q1 Outlook: TD Synnex sees revenue of $15.2 billion - $16.2 billion versus the consensus of $15.85 billion. It sees non-GAAP EPS of $2.60 - $3.00, below the consensus of $3.05.
- Price Action: SNX shares closed higher by 0.94% at $100.20 on Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in