Ingram Micro Holding Corporation $INGM Deep Dive
The distributor is on a decline and there's no end in sight
Executive Summary:
Ingram Micro Holding Corporation is a leading global distributor of information technology products and services. The company connects technology solutions providers with businesses around the world, offering a wide range of products from hardware and software to cloud solutions and cybersecurity services. Ingram Micro plays a crucial role in the technology supply chain, providing value-added services like logistics, financing, and technical support to its partners.
Ingram Micro Holding Corporation reported an earnings per share (EPS) of $0.35 on a GAAP basis and $0.72 on a non-GAAP basis. Revenue for the quarter reached $11.8 billion.
Stock Overview:
Keep reading with a 7-day free trial
Subscribe to Stock Smarts to keep reading this post and get 7 days of free access to the full post archives.