Ingram Micro Holding Corporation reported fiscal fourth quarter 2024 net sales of $13.3 billion for the period ended December 28, 2024. GAAP net income was $83.1 million, or $0.36 per share, and non-GAAP net income was $213.1 million, or $0.92 per share, which included discrete charges in India totaling $0.07 per share.
For the full fiscal year 2024, net sales were $47.98 billion, with non-GAAP diluted EPS of $2.79. The company's board of directors declared a cash dividend of $0.074 per share, payable on March 25, 2025, to stockholders of record as of March 11, 2025.
Ingram Micro also approved a share repurchase plan of up to $75 million of its common stock, to be executed in connection with secondary public offerings by its controlling stockholder. For the fiscal first quarter of 2025, the company expects net sales between $11.425 billion and $11.825 billion, and non-GAAP diluted EPS between $0.51 and $0.61.
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