CLSA Downgrades Ingram Micro (IM) to Underperform

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Go back to CLSA Downgrades Ingram Micro (IM) to Underperform

Ingram Micro Reports Fourth Quarter Financial Results

February 25, 2016 4:15 PM EST

IRVINE, CA -- (Marketwired) -- 02/25/16 -- Ingram Micro Inc. (NYSE: IM) today announced financial results for the fourth quarter ended Jan. 2, 2016.

"We had a solid close to a strong year of execution, and we are pleased with the progress we are making against our strategic initiatives," said Alain Moni, Ingram Micro CEO. "We are excited about our pending transaction to join HNA Group, as we will have the opportunity to even better serve our vendor and customer partners and help them achieve their business objectives. Upon the closing of the transaction... More