Tech Data Corp. (TECD: Quote) reported first quarter EPS of $1.24 Monday morning, up from $1.03 in the previous year. The consensus estimate was for EPS of $1.16.
Tech Data has been rising since the open of trade Monday and is currently higher by 2.33 at $49.79. The stock has rebounded off of support, following a 3-week decline.
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by RTT Staff Writer
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