Needham & Company Assumes Tech Data (TECD) at Hold

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Tech Data (TECD) Misses Q2 EPS by 1c; Issues Light Q3 Outlook

August 25, 2016 6:37 AM UTC

Tech Data (NASDAQ: TECD) reported Q2 EPS of $1.42, $0.01 worse than the analyst estimate of $1.43. Revenue for the quarter came in at $6.35 billion versus the consensus estimate of $6.64 billion.

GUIDANCE:

Tech Data sees Q3 2017 EPS of $1.20-$1.30, versus the consensus of... More