Ingram Micro Holding Corporation reported fiscal first quarter 2025 net sales of approximately $12.3 billion for the period ended March 29, 2025. Net sales increased 11% year-over-year on a constant currency basis, with GAAP net income of $69.2 million, or $0.29 per share, and non-GAAP net income of $144.2 million, or $0.61 per share.
North America net sales increased 9.8%, driven by client and endpoint solutions and advanced solutions, while Asia-Pacific net sales grew 20.1%, led by smartphones and tablets. EMEA net sales saw a modest increase of 0.6%, and Latin America net sales decreased by 8.5% due to currency translation rates.
The company's board of directors declared a cash dividend of $0.076 per share, representing a 2.7% increase from the prior quarterly dividend of $0.074 per share, payable on June 3, 2025. For the fiscal second quarter 2025, Ingram Micro expects net sales between $11.765 billion and $12.165 billion, and non-GAAP diluted EPS between $0.53 and $0.63.
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