Ingram Micro Forecasts Q4 Net Sales Between $17.5B and $17.9B Driven by AI Infrastructure
Ingram Micro Holding Corporation (INGM) reported a record-breaking third quarter, exceeding previous financial guidance across all key metrics. CEO Paul Bay expressed strong confidence in the company's momentum following these results. Looking ahead to the fourth quarter, the company provided optimistic guidance, projecting net sales in the range of $17.5 billion to $17.9 billion. Non-GAAP earnings per share (EPS) are expected to fall between $1.05 and $1.15. The company identified ongoing demand for AI infrastructure as a primary driver for its continued growth.
Tickers: $INGM
Topics: earnings report financial performance management commentary
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Part of the story Donnelley Financial Solutions Forecasts Q4 Net Sales Between $175M and $180M (4 articles)