TD Synnex (SNX) Q3 FY26 earnings call

TD SYNNEX delivered a record quarter with broad-based growth across distribution and Hyve, driven by strong demand in data center infrastructure and enterprise AI adoption. The company is strategically investing in working capital to support new Hyve programs and customer demand, which impacted near-term cash flow but is expected to improve cash conversion in future periods. Management remains optimistic about long-term growth opportunities, leveraging its digital strategy and expanding vendor relationships.