08:35 AM EDT, 03/27/2025 (MT Newswires) -- TD SYNNEX ( SNX ) reported fiscal Q1 non-GAAP earnings Thursday of $2.80 per diluted share, down from $2.99 a year earlier.

Analysts polled by FactSet expected $2.90.

Revenue for the fiscal quarter ended Feb. 28 was $14.53 billion, up from $13.98 billion a year earlier.

Analysts surveyed by FactSet expected $14.79 billion.

For fiscal Q2, the global IT firm expects non-GAAP EPS of $2.45 to $2.95 on revenue of $13.9 billion to $14.7 billion.

Analysts polled by FactSet expect non-GAAP EPS of $3.02 on revenue of $14.72 billion.

The company also said it was keeping its quarterly dividend of $0.44 per share, payable April 25 to stockholders of record as of April 11.

TD SYNNEX ( SNX ) shares were down more than 9% in recent premarket activity.