Ingram Micro Holding Corporation reported fiscal third quarter 2024 net sales of $11.8 billion for the period ended September 28, 2024. The company achieved GAAP net income of $77.0 million, or $0.35 per share, and non-GAAP net income of $159.2 million, or $0.72 per share.
Regionally, North America net sales were $4.3 billion, a decrease from the prior fiscal third quarter, primarily due to declines in client and endpoint solutions. Asia-Pacific net sales increased to $3.2 billion, driven by growth in mobility distribution, particularly smartphones and consumer electronics.
For the fiscal fourth quarter 2024, Ingram Micro provided guidance expecting net sales between $13.0 billion and $13.5 billion, gross profit between $935 million and $985 million, and non-GAAP diluted EPS between $0.85 and $0.98.
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