Ingram Micro Reports Fiscal Third Quarter 2024 Financial Results
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Ingram Micro Holding Corporation (NYSE: INGM) reported its fiscal third quarter 2024 financial results, showing a slight decrease in net sales compared to the same period in 2023. Despite the drop in sales, the company managed to increase its income from operations.
November 12, 2024 | 9:30 pm
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Ingram Micro's fiscal Q3 2024 results show a slight decrease in net sales but an increase in income from operations, indicating operational efficiency.
The slight decrease in net sales might concern investors, but the increase in income from operations suggests improved operational efficiency. This could positively impact the stock price as it indicates the company's ability to manage costs effectively.
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