Tech Data

Added by PressForward

  • Four key statements from Tech Data CEO following mixed Q4 | Channel Partner Insight

      Revenues grew by four per cent in Q4 for Tech Data to $10.5bn, while operating income increased by nine per cent. The US distributor missed revenue estimates, sending stocks falling 8.8 per cent overnight. We pick out CEO Rich Hume’s key statements from his earnings call with investors, as he opens up on stripping back Tech Data’s portfolio and continued struggles in Europe. Hume open to divesting parts of Tech Data’s portfolio Tech Data will be more aggressive in…

Posts navigation