Tech Data Corp (TECD) Tops Q1 EPS by 14c; Authorizes $100M Buyback

August 18, 2011 6:40 AM EDT
Tech Data Corp (NASDAQ: TECD) reported Q1 EPS of $1.10, $0.14 better than the analyst estimate of $0.96. Revenue for the quarter came in at $6.45 billion versus the consensus estimate of $6.13 billion.

Tech Data's Board of Directors has authorized a share repurchase program for up to $100 million of the company's common stock.


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