Ingram Micro (IM) Posts Q2 GAAP EPS of $0.36

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Go back to Ingram Micro (IM) Posts Q2 GAAP EPS of $0.36

Ingram Micro Reports Second Quarter Financial Results

July 28, 2016 4:20 PM EDT

IRVINE, CA -- (Marketwired) -- 07/28/16 -- Ingram Micro Inc. (NYSE: IM) today announced financial results for the second quarter ended Jul. 2, 2016.

"As anticipated, after a slow start to the year, Ingram Micro executed well on regaining market share combined with better demand in the 2016 second quarter," said Alain Moni, Ingram Micro CEO. "This combination was evidenced by solid sequential revenue growth across all geographic regions as compared to the 2016 first quarter. Our teams did a good job balancing revenue opportunities with profit and return on capital objectives, resulting in improved profitability for the quarter, both... More