Tech Data profit jumps over 200% amid 11% higher revenues in Q3

Thursday 29 November 2018 | 13:36 CET | News
Tech Data, which welcomed a new CEO in June, reported strong third quarter results, with revenues up over 10 percent and the net profit jumping over 200 percent. Growth came all the regions, with cash from operations enough for the company to pay down USD 100 million in debt and returning USD 44 million to shareholders through share buybacks, CEO Rich Hume said.

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Categories: General
Companies: Tech Data
Countries: World
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