INGRAM MICRO ENJOYS STRONG Q3 SALES

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INGRAM MICRO ENJOYS STRONG Q3 SALES

 user 2006-11-06 at 11:55:00 am Views: 58
  • #16684

    Ingram Micro enjoys strong quarterly sales
    NOV
    06 — Santa Ana (CA): Ingram Micro’s Q3 worldwide sales are up 8 percent
    to $7.51 billion, compared to $6.96 billion in the previous year. Net
    income for the quarter was $58.5 million, or diluted EPS of $0.34,
    including a stock-based compensation expense of $6.5 million. Net
    income in Q3 2005 was $48.4 million.North American sales rose by 9
    percent to $3.37 billion from $3.09 billion a year earlier.European
    sales increased by 4 percent to $2.43 billion, from $2.34 billion in Q3
    2005.Asia Pacific sales improved by 13 percent from the previous year
    to $1.36 billion, from $1.21 billion a year earlier.Latin American
    sales were $349 million, an increase of 8 percent on $324 million in
    the previous year.