Ingram Micro Holding Corporation Q4 2024 Earnings Report
Key Takeaways
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.
Net sales increased by 2.5% year-over-year to $13.3 billion.
Net income was $83.1 million, or $0.36 per share.
Non-GAAP net income was $213.1 million, or $0.92 per share.
Adjusted free cash flow was $337.2 million.
Ingram Micro Holding Corporation
Ingram Micro Holding Corporation
Ingram Micro Holding Corporation Revenue by Geographic Location
Forward Guidance
The company provided guidance for the first quarter of 2025, with net sales expected to be between $11.425 billion and $11.825 billion and non-GAAP diluted EPS between $0.51 and $0.61.
Positive Outlook
- Continued strengthening market in the North America and Latin America regions
- Heavier concentration towards client and endpoint solutions
- Heavier concentration towards large enterprise customers
Challenges Ahead
- Softer demand environment in western European markets
- Significant competitive pressures on pricing of large projects in India
Revenue & Expenses
Visualization of income flow from segment revenue to net income