Tech Data Corp. reported a net income of $51.7 million, or $1.24 a share, for the three months ended April 30, compared to $48.7 million, or $1.03 a share, for the first quarter of 2011.
Revenue for the just-ended quarter decreased to $5.9 billion from $6.3 billion for the year-ago period.
The decline in sales can be attributed to the change in presentation services and certain fulfillment contracts, and the exit of Brazil and Colombia...
CLEARWATER, Fla., May 25, 2012 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD) will host its annual meeting of shareholders at its headquarters in Clearwater, FL, on Wednesday, May 30, 2012, at 3:00 p.m. ET. A webcast of the meeting and ...
Country exit keeps hitting sales, but profit creeps up Tech Data Corporation, the IT distie giant and parent of Computer 2000 and Azlan in the UK, has seen net income rise to $51.7m in the first quarter of the year, despite a fall in revenue.…
Attendees also heard presentations from some of Tech Data's top vendor partners, experienced live demonstrations of Tech Data's game-changing StreamOne Solutions Store and TDMobility's CellManage offering, and witnessed the introduction of TDPrioritySMB.
CEO Steven Raymund has been the chief executive officer of Tech Data Corp since 1986. He is 50 years old. Follow Mr. Raymund and Tech Data Corp in the news and blogs or share your own opinion about the company and its leadership.