Shares of TD Synnex (SNX) surged 5.13% in Tuesday's trading session following the company's impressive fiscal 2025 second-quarter results and optimistic outlook for the third quarter. The technology solutions provider reported better-than-expected revenue and earnings, boosting investor confidence.

According to the company's financial report, TD Synnex achieved a second-quarter revenue of $14.95 billion, significantly surpassing the analyst consensus estimate of $14.32 billion. The company's non-GAAP earnings per share (EPS) for the quarter stood at $2.99, beating the analyst expectations of $2.72. This represents a 9.52% increase from the same period last year when the company reported EPS of $2.73.

TD Synnex's strong performance was attributed to broad geographic and technological growth. The company's CEO, Patrick Zammit, noted that gross billings and adjusted earnings per share exceeded the high end of their guidance, with all regions and major technologies contributing. The non-GAAP gross billings rose 12.1% year-over-year to $21.6 billion, exceeding the company's outlook. Additionally, TD Synnex announced a 10% increase in its quarterly cash dividend, further appealing to investors. Looking ahead, the company provided a positive outlook for its fiscal 2025 third quarter, projecting revenue between $14.7 billion and $15.5 billion, and non-GAAP EPS in the range of $2.75 to $3.25. This forward-looking guidance suggests continued strong performance, likely contributing to the stock's significant rise.