Ingram Micro Holding Corp Announces Decline In Q4 Income

Ingram Micro Holding Corp (INGM) reported a profit for fourth quarter that decreased from last year

The company's bottom line totaled $83.12 million, or $0.36 per share. This compares with $136.52 million, or $0.61 per share, last year.

Excluding items, Ingram Micro Holding Corp reported adjusted earnings of $213.10 million or $0.92 per share for the period.

The company's revenue for the period rose 2.5% to $13.34 billion from $13.02 billion last year.

Ingram Micro Holding Corp earnings at a glance (GAAP) :

-Earnings: $83.12 Mln. vs. $136.52 Mln. last year.
-EPS: $0.36 vs. $0.61 last year.
-Revenue: $13.34 Bln vs. $13.02 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.51 - $0.61
Next quarter revenue guidance: $11.425-$11.825 Bln

by RTTNews Staff Writer

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