TECHDATA LOSS WIDENS

  • cartridgewebsite-com-big-banner-02-09-07-2016
  • banner-01-26-17b
  • mse-big-banner-new-03-17-2016-416716a-tonernews-web-banner-mse-212
  • 05 02 2016 429716a-cig-clearchoice-banner-902x177
  • futor_902x177v7-tonernew
  • 161213_banner_futorag_902x177px
  • 2toner1-2
  • ink-direct-banner-902-x-177-v-1-2-big-banner-03-23-2017
  • Print
  • clover-depot-intl-us-ca-email-signature-05-10-2017-902x1772
  • 4toner4
Share

TECHDATA LOSS WIDENS

 user 2006-08-30 at 11:59:00 am Views: 63
  • #16347

    Tech Data loss widens
    August
    2006 — Clearwater (FLA): Tech Data has reported a wider Q2 net loss of
    $155.5 million, compared to a loss of $59.4 million a year earlier.Q2
    revenue amounted to $4.94 billion, up slightly from $4.81 billion in Q2
    2005.The company was subject to a non-cash charge of $136.1 million for
    goodwill impairment as a result of the company’s performance in the
    Europe, Middle East and export sales to Africa.Excluding these charges
    and other costs, Q2 net income totalled $0.3 million or $0.01 per
    diluted share.