Tech Data Corp (TECD) Misses Q3 EPS by 12c; Guides Q4 Sales Growth

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If You Like Hewlett-Packard (HPQ) on Value, You Will Love Tech Data (TECD)

November 21, 2012 8:34 AM EST

Yesterday IT products distributor, Tech Data (NASDAQ: TECD) posted weak F3Q results, with EPS and revenue missing estimates.

Commenting on developments, analysts Richard Kugele of Needham and Company said, "While TECD's F3Q performance and execution missteps were disappointing, we... More