Synnex Corp is a prominent provider of technology solutions, offering a wide range of services that support the IT channel, including distribution of IT products and services, and integration for a variety of technology manufacturers. The company specializes in the wholesale distribution of various technology-related products, including computers, peripherals, and software, while also delivering logistics, subscription, and cloud services to its customers. By partnering with manufacturers and resellers, Synnex facilitates a collaborative ecosystem that helps businesses efficiently meet their technology needs and enhance their operational capabilities in a rapidly evolving digital landscape. Read More
TD SYNNEX (NYSE:SNX) today announced a new specialized and innovative structure for its partner communities in North America that will strengthen, empower and boost partner growth through intentional connection. As the market has evolved, partner needs have changed rapidly and the new tailored approach meets partners where they are at, providing customized benefits and support based on partners’ individual needs and goals.
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for most countries. This reminded markets that the global trade environment remained volatile, limiting the potential for sustained gains.
TD SYNNEX (NYSE: SNX) is hosting its 2025 Investor Day today to provide an update on its strategy, market opportunities, and medium-term financial aspirations. A live video webcast will be available at ir.tdsynnex.com beginning at 8:30 a.m. Eastern time.
TD SYNNEX (NYSE: SNX) announced today that it has received the 2025 Google Cloud Global Social Impact Partner of the Year Award. As a leading global distributor and solutions aggregator serving customers in more than 100 countries, TD SYNNEX is being recognized for its achievements in the Google Cloud ecosystem to drive meaningful outcomes in communities around the world through engagement and advocacy.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how ePlus (NASDAQ:PLUS) and the rest of the it distribution & solutions stocks fared in Q4.
Shares of IT distribution giant TD SYNNEX (NYSE:SNX) fell 18.1% in the morning session after the company reported weak first-quarter 2025 results with sales, operating profits, and earnings all falling short of Wall Street's expectations. Its revenue guidance for next quarter missed significantly, and its EPS guidance for next quarter fell short of Wall Street's estimates.
IT distribution giant TD SYNNEX (NYSE:SNX) missed Wall Street’s revenue expectations in Q1 CY2025 as sales rose 4% year on year to $14.53 billion. Next quarter’s revenue guidance of $14.3 billion underwhelmed, coming in 2.7% below analysts’ estimates. Its non-GAAP profit of $2.80 per share was 3.6% below analysts’ consensus estimates.
U.S. stock futures were swinging between gains and losses on Thursday after snapping a three-day winning streak on Wednesday. Futures of major benchmark indices were mixed in premarket trading. Aiming to boost U.S. manufacturing and reduce reliance on global suppliers, new auto tariffs were introduced on Wednesday, which will go into effect from April 3.
