Ingram Micro Inc. (IM) Misses Q1 EPS by 5c; Guides FY14

Ingram Micro Inc. (NYSE: IM) reported Q1 EPS of $0.43, $0.05 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $10.38 billion versus the consensus estimate of $10.42 billion.

For the 2014 second quarter, the company currently expects worldwide revenue to increase year-over-year in the low- to mid-single digits, with gross margin improving over the second quarter of 2013 by mid- single-digit basis points.

For earnings history and earnings-related data on Ingram Micro Inc. (IM) click here.

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