Ingram Micro Holding Corporation Earnings Reports

Ingram Micro reported Q4 net sales of $13.3 billion, a 2.5% increase year-over-year. Net income was $83.1 million, or $0.36 per share, and non-GAAP net income was $213.1 million, or $0.92 per share. The company highlighted strong performance in Cloud and Client and Endpoint Solutions and generated $337.2 million in adjusted free cash flow.

Ingram Micro reported a slight decrease in net sales compared to the prior year, but demonstrated an increase in gross margin and income from operations. The company's focus on higher-margin cloud-based solutions and optimization of operating expenses contributed to the improved profitability.