Tech Data Reports First Quarter Fiscal Year 2020 Results

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Go back to Tech Data Reports First Quarter Fiscal Year 2020 Results

Tech Data (TECD) Tops Q1 EPS by 7c; Affirms Q2 EPS Mid-Point Guidance Above Consensus, Q2 Revenue Guidance Below Consensus

May 30, 2019 6:03 AM EDT

Tech Data (NASDAQ: TECD) reported Q1 EPS of $2.04, $0.07 better than the analyst estimate of $1.97. Revenue for the quarter came in at $8.41 billion versus the consensus estimate of $8.46 billion.

We are pleased to report a solid start to Tech Datas fiscal year 20. In Q1 we... More