TD Synnex reports revenue growth and strong cash flow in Q4 2024 earnings call

TD Synnex Corp reported a 10% increase in revenue and a 7% rise in gross billings for Q4 2024. The company generated $513 million in free cash flow, achieving its annual target of $1 billion. Key growth areas included endpoint solutions, cloud, cybersecurity, and data analytics, with Hyve revenue also showing double-digit growth. The company emphasized its strong business model and diversified product portfolio as factors contributing to its performance. Looking ahead, TD Synnex aims to capitalize on improving IT spending and expand its services in response to evolving market demands. The company remains focused on profitable growth and disciplined capital allocation.