Strong Financial Performance
Ingram Micro exceeded the high end of net sales guidance with $12.79 billion in net sales, up 10.9% year-over-year in U.S. dollars.
Growth Across All Business Lines
The company experienced growth across all lines of business, particularly in client and endpoint solutions with nearly 14% growth on an FX-neutral basis.
Geographic Expansion
Double-digit net sales growth in North America and strong performance in Asia Pacific with 16.2% growth year-over-year in U.S. dollars.
Xvantage Platform Success
The Xvantage platform facilitated nearly 200% year-over-year growth in self-service orders and brought in tens of thousands of opportunities valued at hundreds of millions, up nearly 50% sequentially.
Improved Operational Efficiency
Ongoing enhancements in Xvantage led to a near doubling in quotes created on the platform versus the prior year.