Update: TD Synnex Shares Fall After Fiscal Q3 Results

10:11 AM EDT, 09/24/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) TD Synnex (SNX) shares fell more than 11% in Thursday trading despite posting better-than-expected fiscal Q3 results and Q4 guidance. The company reported fiscal Q3 non-GAAP earnings Thursday of $5.68 per diluted share, up from $3.58 a year earlier. Analysts polled by FactSet expected $4.70. Revenue for the quarter ended Aug. 31 was $21.56 billion, up from $15.65 billion a year earlier. Analysts expected $18.91 billion. For fiscal Q4, the company expects non-GAAP EPS of $5.65 to $6.15, and revenue of $21.8 billion to $22.6 billion. Analysts expect non-GAAP EPS of $4.87 and revenue of $19.44 billion. Price: 255.16, Change: -32.73, Percent Change: -11.37