Tech Data Corp (TECD) Tops Q1 EPS by 14c; Authorizes $100M Buyback
Tech Data Corp (
Tech Data's Board of Directors has authorized a share repurchase program for up to $100 million of the company's common stock.
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.