TD SYNNEX (SNX) - 2024 Q1 - Quarterly Results
SNXTD SYNNEX (SNX)2024-03-26 20:06

Exhibit 99.1 TD SYNNEX Reports Fiscal 2024 First Quarter Results; Announces New 2BShareRepurchaseAuthorizationRevenueof2B Share Repurchase Authorization • Revenue of 14.0 billion, within our outlook of 14.014.0 - 14.7 billion. • Non-GAAP gross billings(1) of 19.3billion,withinouroutlookof19.3 billion, within our outlook of 19.0 - 20.0billion.GrossmarginandnonGAAPgrossmargin(1)of7.2020.0 billion. • Gross margin and non-GAAP gross margin(1) of 7.20%, up 57 bps and 52 bps, respectively, from the prior fiscal first quarter. • Net income of 172 million, and non-GAAP net income(1) of $266 million. • Diluted earnings per share (“ ...