TD SYNNEX, a key partner for office equipment resellers, posted strong third quarter earnings for fiscal 2024. With revenue reaching $14.7 billion, the company showed a 5.2% increase compared to the same period last year.

According to the release, TDS saw strength in their Endpoint Solutions business, which includes many of the hardware products office equipment resellers rely on, such as printers, MFPs, computers, and accessories​.

TDS’ performance also suggests some recovery in IT spending, which is good news for office equipment resellers, many of whom also offer managed services. The increased earnings per share (EPS) of $2.08, up 39.6% from the previous year is also good news. With so many tech companies struggling now, TDS seems to have figured things out for the last few months.

TD SYNNEX remains a dependable choice for office equipment resellers. This quarter’s results further solidify its place as a leader, offering office equipment companies a great number of the tools they need to succeed.

For more details, visit the full earnings release here.

SOURCE Industry Analysts Inc.