Ingram Micro's earnings call highlighted strategic achievements such as a successful IPO, growth in cloud services, and geographical expansion. However, these were offset by challenges like declines in net sales in key regions and a decrease in operating margin. The company's emphasis on long-term investment and efficiency improvements provides a positive outlook, but current performance reflects mixed results.

Company Guidance

During Ingram Micro's Third Quarter 2024 Earnings Call, guidance for the upcoming fiscal periods was provided with a focus on maintaining consistent profitable growth and enhancing operational efficiency. The company reported net sales of $11.76 billion, a 1.4% decrease year-over-year, but achieved a gross profit margin of 7.19%, reflecting a 2 basis point improvement. Adjusted EBITDA for the quarter was $331.6 million, and non-GAAP net income was $159.2 million. Looking ahead to the fourth quarter, Ingram Micro anticipates net sales between $13.0 billion and $13.5 billion, with gross profit expected to range from $935 million to $985 million. The non-GAAP diluted EPS is projected to be $0.85 to $0.98 per share. The company plans to continue investing in its digital transformation, notably through its AI-powered platform, Xvantage, while also managing operational costs and leveraging global presence for long-term growth.

IPO and Return to Public Markets

Ingram Micro successfully returned to the public markets with its IPO in October 2024.

Cloud Segment Growth

The cloud segment achieved double-digit growth, now making up a significant share of global gross profit.

Geographical Expansion

Asia-Pacific net sales grew by 8.8% year-over-year, driven by mobility distribution and consumer electronics.

Gross Profit Margin Improvement

Gross profit margin improved by 2 basis points year-over-year, driven by a shift towards higher-margin cloud-based solutions.

Debt Reduction and Refinancing

The company paid down significant portions of its term loan, reducing interest expenses and extending maturity dates.

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Ingram Micro Holding Corporation (INGM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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INGM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Press Release	Slides	Play Transcript
Mar 04, 2025	2024 (Q4)	0.91 / -	0.581	―		―	―
Nov 12, 2024	2024 (Q3)	0.67 / 0.72	―	―		―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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INGM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 12, 2024	$24.09	$24.00	-0.37%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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FAQ

When does Ingram Micro Holding Corporation (INGM) report earnings?

Ingram Micro Holding Corporation (INGM) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.

What is Ingram Micro Holding Corporation (INGM) earnings time?

Ingram Micro Holding Corporation (INGM) earnings time is at Mar 04, 2025, TBA Not Confirmed.

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is INGM EPS forecast?

INGM EPS forecast for the fiscal quarter 2024 (Q4) is 0.91.

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