Ingram Micro Q3 Sales Up 15%

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Jessica Davis
Jessica Davis
Published: Oct 25, 2007
Updated: Feb 2, 2021
1 minute read
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Computing distribution giant Ingram Micro reported double-digit net income growth on strong sales for its third quarter.

The Santa Ana, Calif. company earned net income of $72.4 million or 41 cents per diluted share, a 24 percent increase over the same period a year ago.

Sales grew by 15 percent to $8.61 billion, from $7.51 billion for the same quarter last year. Ingram Micro said that the translation impact of stronger foreign currencies had a positive impact of about 5 percentage points on the comparisons to the prior year.

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Jessica Davis

Jessica Davis has been a professional writer since 2005. She has worked in various media outlets, writing for a bricklaying trade publication, several research companies and her favorite: a major entertainment company in Washington where…

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