Exceeding Financial Guidance
Ingram Micro exceeded the high end of its net sales guidance and landed towards the top end of its gross profit and earnings per share guidance ranges.
Strong Growth in Client and Endpoint Solutions
Client and endpoint solutions grew robustly at nearly 14% on an FX-neutral basis, driven by strength in desktop, notebook, and smartphone categories.
Geographic Sales Growth
Net sales grew across all regional segments, with Asia Pacific and North America experiencing mid-teens growth year-over-year.
Xvantage Platform Success
Xvantage platform demonstrated significant engagement and growth, with self-service orders up nearly 200% year-over-year and a near doubling of quotes created on the platform.
Positive Impact from Intelligent Digital Assistant (IDA)
Through IDA, Ingram Micro brought in tens of thousands of opportunities valued at hundreds of millions of dollars, up nearly 50% sequentially.