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TD Synnex saw revenue fall 7.9% to $14.1bn during the second fiscal quarter as demand continues to wane for PC ecosystem products, prompting a decline in the company’s Endpoint Solutions portfolio.
This was partly offset by growth in its Advanced Solutions portfolio, with TD Synnex reporting high demand for cloud and datacenter-related technologies.
European revenues suffered the lowest decline, falling 4.1% to $4.5m. This compares to 11% in the Americas and 7.3% in Asia-Pacific and Japan.
Looking forward to the third quarter, revenue is expected to be in the range of $13.5bn to $14.5bn, compared to $15.4bn in the prior fiscal third quarter
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