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Dec 28, 2024
Ingram Micro Holding Corporation Q4 2024 Earnings Report
Reported a return to year-over-year revenue growth, driven by strong performance in Cloud and in Client and Endpoint Solutions
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.
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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