Td Synnex Corp [SNX] reports annual net loss of $626,911.0 trillion

TD SYNNEX CORP [SNX] has reported a net loss of $626,911.0 trillion for year ended Nov 30, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $57,555,416.0 trillion

Based in Fremont , California, TD SYNNEX CORP operates in the WHOLESALE sector.

In the fiscal year ended November 30, 2023, the company reported revenue of $57.56 billion, which decreased compared to the revenue of $62.34 billion in the same period of 2022. The cost of revenue for the same period was $53.60 billion in 2023, also a decrease from $58.44 billion in 2022. As a result, the gross profit for 2023 was $3.96 billion, slightly higher than the $3.90 billion recorded in 2022.

After accounting for selling, general and administrative expenses, as well as acquisition, integration, and restructuring costs, the operating income for the fiscal year 2023 amounted to $1.08 billion, showing an improvement from the $1.05 billion reported in 2022. The interest expense and finance charges, net, were $288.32 million in 2023, higher than the $222.58 million in 2022.