IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Ingram Micro Holding Corp. (INGM) on Tuesday reported fourth-quarter profit of $83.1 million.
The Irvine, California-based company said it had profit of 36 cents per share. Earnings, adjusted for one-time gains and costs, came to 92 cents per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.
The provider of information technology products and services posted revenue of $13.34 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $13.22 billion.
For the current quarter ending in March, Ingram Micro expects its per-share earnings to range from 51 cents to 61 cents.
The company said it expects revenue in the range of $11.43 billion to $11.83 billion for the fiscal first quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INGM at https://www.zacks.com/ap/INGM
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