Ingram Micro reported second-quarter fiscal 2026 results that exceeded market revenue expectations, with sales rising 13.6% year on year to $14.53 billion. The IT distribution giant also provided optimistic revenue guidance for the next quarter of $13.75 billion at the midpoint, which is 2.2% above analysts' estimates. GAAP earnings per share came in at $0.48, beating consensus estimates by 13.6%. Adjusted EBITDA reached $355.8 million, surpassing the $317.1 million analyst forecast. Despite the beats, shares traded down 1.4% to $30.00 immediately following the release.
Ingram Micro Holding CorporationShares fell 1.4% despite beating Q2 revenue estimates and issuing upbeat guidance, likely due to profit-taking or market disappointment with the magnitude of the beat.