Ingram Micro Shares Surge 16.3% After $14.88B Q4 Revenue Beat
Ingram Micro reported Q4 revenue of $14.88 billion, up 11.5% year-over-year, beating forecasts while GAAP EPS missed at $0.51 versus a $0.67 consensus. Investors noted an 8.1% adjusted EBITDA beat, $1.52 billion in free cash flow and guidance in line with forecasts, driving a 16.3% stock surge.
1. Q4 Financial Performance
Ingram Micro posted revenue of $14.88 billion, representing an 11.5% year-over-year increase. GAAP EPS came in at $0.51, below the consensus of $0.67, but adjusted EBITDA exceeded expectations by 8.1% and free cash flow reached $1.52 billion.
2. Stock Reaction
The company’s revenue beat and robust cash generation propelled shares up 16.3% in afternoon trading, marking one of the largest single-day moves for the stock in the past year. The rise reflects investor focus on top-line strength despite the EPS shortfall.
3. Guidance and Outlook
First-quarter revenue guidance was set in line with forecasts, offering reassurance to investors. The balanced outlook, combined with strong cash flow trends, will be key factors shaping the stock’s trajectory in the coming quarter.