Similar companies
| Company | Revenue | |
|---|---|---|
 |
FactSetFDS |
562M 1.7% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 14.7B | 5.3% |
| Gross Profit | 961M | 1.3% |
| Cost of Revenue | 13.7B | 5.8% |
| Operating expense | 658M | 7.2% |
| Net Income | 179M | 24.3% |
| EBITDA | 303M | 25.7% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 29.2B | 5.4% |
| Total Liabilities | 21B | 6.5% |
| Total Equity | 8.16B | 2.6% |
| Shares Outstanding | 85M | 1.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 386M | 436.3% |
| Cash from investing | -81M | 145.6% |
| Cash from financing | -638M | 317.2% |
EPS
Financial Highlights for TD SYNNEX in Q3 '24
TD SYNNEX reported a revenue of 14.7B, which is a 5.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 961M, marking a -1.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 13.7B, a 5.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 658M, showing a -7.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 179M, showing a 24.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 303M, showing a -25.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
TD SYNNEX faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
