Ingram Micro Holding Corporation ( (INGM) ) has released its Q1 earnings. Here is a breakdown of the information Ingram Micro Holding Corporation presented to its investors.
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Ingram Micro Holding Corporation is a prominent technology company operating within the global information technology ecosystem, facilitating the distribution of IT products and services from manufacturers and cloud providers to a wide array of business-to-business technology experts worldwide.
Ingram Micro has reported robust financial results for the fiscal first quarter of 2025, with net sales reaching $12.3 billion, marking an 8.3% increase from the previous year and surpassing the company’s guidance range. The company also achieved a net income of $69.2 million on a GAAP basis and $144.2 million on a non-GAAP basis, with diluted earnings per share at $0.29 and $0.61, respectively.
Key highlights from the report include a significant increase in net sales across North America, Asia-Pacific, and EMEA regions, despite a negative currency translation impact. The company’s income from operations rose to $200.9 million, with an adjusted EBITDA of $290.8 million. Ingram Micro also repaid $125 million of term loans and increased its quarterly dividend by 2.7%.
Looking forward, Ingram Micro’s management remains optimistic about continued growth, driven by strategic investments in automation and their AI-powered Xvantage platform. The company anticipates solid growth in net sales and non-GAAP EPS in the upcoming quarter, leveraging real-time analytics and enhanced operational efficiencies.