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Ingram Micro Reports Fiscal Fourth Quarter and Full Fiscal Year 2024 Financial Results

1. INGM reported Q4 net sales of $13.3 billion and GAAP net income of $83.1 million. 2. Non-GAAP net income was $213.1 million, reflecting strong operational performance.

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FAQ

Why Bullish?

The revenue and earnings figures indicate robust performance, suggesting potential future growth similar to past successful quarters.

How important is it?

Strong Q4 results could boost investor confidence, influencing stock performance even with adjustments for one-time charges.

Why Short Term?

Immediate positive market reactions expected due to solid Q4 results; emphasis on quarterly performance vs. long-term trends.

Related Companies

IRVINE, Calif.--(BUSINESS WIRE)--Ingram Micro Holding Corporation (NYSE: INGM) (“Ingram Micro” or the “Company”) today reported fiscal fourth quarter and fiscal year-end results for the period ended December 28, 2024. The Company reported fourth quarter net sales of $13.3 billion, net income on a GAAP basis of $83.1 million or $0.36 per share, and non-GAAP net income of $213.1 million or $0.92 per share.(1) Included in these results is the discrete impact of charges in India totaling $0.07 per.

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