Synnex is trading 10.04% down at $259 after its September 24, 2026 fiscal third-quarter report, with the decline appearing to reflect investor concerns about cash generation.
- Revenue was $21.6 billion and non-GAAP EPS was $5.68, both exceeding expectations.
- Fourth-quarter guidance also topped consensus.
- Operating cash flow was negative $916.7 million for the quarter and negative $2.08 billion year to date.