Record Non-GAAP Gross Billings and EPS
The third quarter non-GAAP gross billings reached $22.7 billion, growing 12% in constant currency. Non-GAAP diluted earnings per share of $3.58 increased by 25% year over year, surpassing the high end of guidance.
Strong Performance in Hive
Hive achieved a mid-thirties percentage increase in gross billings year over year, with ODM Centimeters gross billings increasing 57%, driven by hyperscaler investments in cloud infrastructure.
Advanced Solutions Growth
Advanced Solutions portfolio increased gross billings by 13% year over year, fueled by demand in cloud, security, software, and high-growth technologies.
Significant Growth Across Geographies
Dynamic performance in Latin America and Asia Pacific and Japan regions, each with strong double-digit growth in gross billings.
Successful Go-to-Market Strategy
Introduction of new vendors to the channel and leveraging partner networks accelerated growth, exemplified by a cybersecurity vendor in North America growing to hundreds of millions in revenue.
Launch of TD SYNNEX Partner First
Introduction of a unified portal, TD SYNNEX Partner First, to optimize the partner experience using AI automation and advanced analytics.