TD SYNNEX: Fiscal Q3 Earnings Snapshot – WTOP News
- Fuller Company reported third-quarter net revenue of $938 million, up 5.2% year over year, with adjusted earnings per share reaching $1.52, up 21% driven by pricing discipline and restructuring execution.
- Management continues Project Quantum Leap to optimize operations, reducing the manufacturing footprint from 82 facilities to approximately 62 by year-end 2026 while targeting $75 million in annualized conversion cost savings by 2030.
- Acquisition of Advanced Medical Solutions remains on track to close by year-end 2026, positioning the combined entity as a leader in surgical tissue bonding while targeting a 2.5 to 3x debt-to-EBITDA ratio within 2 years.
- Updated fiscal 2026 guidance projects adjusted EBITDA in the range of $655 million to $670 million, with adjusted EPS now expected between $4.70 and $4.85, reflecting year-to-date performance.
- Management identifies China as a key region to monitor for 2027 due to consumer environment weakness, while expecting a positive pricing-to-raw-materials gap narrower than this year.
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The AI Stock Beating Nvidia Almost Four to One This Year Just Burned Nearly $1 Billion in Cash
Record Quarter, Record Sell-Off TD SYNNEX (NYSE:SNX) posted its best quarter ever before the open on Sept. 24, 2026, and investors sold it anyway. The stock dropped 8.74% intraday despite a 20.8% earnings beat. Profit taking notwithstanding, the explanation sits in the cash flow statement. Despite Thursday’s punishing session, TD SYNNEX has still outpaced NVIDIA […]
TD Synnex Reports Q3 2026 Results: Full Earnings Call Transcript - TD Synnex (NYSE:SNX)
TD Synnex (NYSE:SNX) reported third-quarter financial results on Thursday. The transcript from the company's third-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs.
TD SYNNEX: Fiscal Q3 Earnings Snapshot – WTOP News
CLEARWATER, Fla. (AP) — CLEARWATER, Fla. (AP) — TD SYNNEX Corporation (SNX) on Thursday reported fiscal third-quarter profit of $416.2 million. The Clearwater, Florida-based company said it had net income of $5.18 per share. Earnings, adjusted for one-time gains and costs, were $5.68 per share. The results exceeded Wall Street expectations. The average estimate of...
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