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Tech Data Corporation F3Q09 (Qtr End 10/31/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Our first question comes from Brian Alexander with Raymond James. Please proceed with your question. Brian Alexander - Raymond James Thank you. I will start with the currency loss in the quarter. Jeff, it sounds like the loss was largely driven by the timing of...
Tech Data: A New Net/Net
Jonathan Heller submits: Widely swinging markets typically reveal new net/nets, and a "bigger" player (not saying much in net/net land), among the biggest we've seen in the past decade, just hit the radar: Tech DataTicker: TECDPrice: $28.8NCAV: $1.639 billionMarket Cap: $1.45 billionCash $468 millionTotal Debt: $422 millionP/E: 10.7 by...
Tech Data Seems Bound to Fall
Robert Maltbie submits: In a recent note to clients, Singular Research reduced estimates and maintained their SELL rating on Tech Data TECD following Q2 earnings see conference call transcript. The firm cited fundamental deterioration masked by share repurchase and currency gains; weak demand in North America; and pricing pressures which...
Zacks Bull and Bear of the Day Highlights: GameStop, SanDisk, Safeco Corp., STMicroelectronics and Tech Data Corp
CHICAGO -- Zacks Equity Research highlights GameStop (NYSE: GME) as the Bull of the Day and SanDisk (Nasdaq: SNDK) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Safeco Corp. (NYSE: SAF), STMicroelectronics N.V. (NYSE: STM) and Tech Data Corp. (Nasdaq: TECD). Full analysis of...
Tech Data Corp. Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Our first question comes from the line of Min Park with Goldman Sachs. Please go ahead with your question. Min Park – Goldman Sachs Great, thank you. Just a couple of questions please, first can you just tell us how much of...
TRENDnet's Entire Networking Product Portfolio Available Through Tech Data U.S.
TRENDnet, a best-in-class networking manufacturer of wired and wireless networking solutions, today announces a new distribution agreement with Tech Data Corporation, one of the largest IT products distributors serving in excess of 100,000 unique customers and with total net sales surpassing $23 billion. TRENDnet's entire small business and enterprise networking...
Tech Data's AIS Division Partners with SteelEye Technology
IT Products Distributor Strengthens Business Continuity Solutions Offering, Adding New Support and Products for Linux and Virtual Server Environments
Tech Data's AIS Division Deploys Virtualization Labs
Distributor Enables VARs to Take Data Center on the Road to Demonstrate Server and Desktop Virtualization
Tech Data Corporation Announces $100 Million Share Repurchase Program
CLEARWATER, Fla. -- Tech Data Corporation (NASDAQ:TECD), a leading distributor of IT products, announced today that its Board of Directors has authorized an additional $100 million share repurchase program. Over the last three years, the company has completed $300 million in share repurchases.
Tech Data Corporation Reports 2008 Annual Shareholder Meeting Results
Harry J. Harczak, Jr. elected to Tech Data's Board of Directors
Research and Markets: Analysis of Tech Data Corporation Provides You with a Highly Comprehensive Research Analysis on the Particular Company and Its Competitors
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c93225) has announced the addition of "Analysis of Tech Data Corporation" to their offering.
Tech Data Corporation to Host 2008 Annual Meeting of Shareholders on June 4, 2008
CLEARWATER, Fla. -- Tech Data Corporation (NASDAQ:TECD):
Mellanox Technologies to Distribute Through Tech Data
SANTA CLARA, Calif. & YOKNEAM, Israel -- Mellanox[R] Technologies, Ltd. (NASDAQ:MLNX) (TASE:MLNX), a leading supplier of semiconductor-based, server and storage interconnect products, today announced that Tech Data Corporation (NASDAQ:TECD), will distribute Mellanox's cables, InfiniBand and 10 Gigabit Ethernet adapter cards with Virtual Protocol Interconnect VPI capabilities to select customers. These...
Tech Data Corp. F1Q09 (Qtr End 04/30/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from the line of Min Park with Goldman Sachs. Please go ahead with your question. Min Park - Goldman Sachs Yes, thank you. Just a couple of quick questions please. First, last quarter, you noted that pricing was getting a bit...
Tech Data Reports Fiscal 2009 First-Quarter Results
Record first-quarter net sales of $6.1 billion increased 12.3 percent; operating income grew 42.6 percent
Tech Data Corporation Completes Acquisition of Certain Nordic-based Scribona AB Assets
CLEARWATER, Fla. -- Tech Data Corporation (NASDAQ:TECD), a leading distributor of IT products, announced today the company has completed the acquisition of certain assets of Scribona AB, a publicly traded IT distribution company in the Nordic region of Europe with operations in Sweden, Finland and Norway.
Swedish IT distributor Scribona AB completes sale of assets to Tech Data Corporation
NORDIC BUSINESS REPORT-19 May 2008-Swedish IT distributor Scribona AB completes sale of assets to Tech Data CorporationC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Tech Data U.S. Offers VARs More Choices When Selecting Managed Services Partners
IT Products Distributor Teams with Advanced Technology Services to Offer Resellers Hosted, Private-Label Managed Services with National on-Site Technical Support
Tech Data U.S. and Zenith Infotech Recruit and Enable Managed Services Providers
250 Tech Data Customers Will Receive a Free, 60-Day Evaluation of Zenith's Managed Data Backup and Disaster Recovery Services
Tech Data U.S. Introduces Managed Services Financing Program
Distributor Teams with IBM Global Financing to Help MSPs Finance Their Managed Services Offerings
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- Revenue (Fiscal Year) $23.4B
- Profit (Fiscal Year) $108.2M
- Incorporated: 1974
- CEO: Mr. Robert M. Dutkowsky
Tech Data is engaged as a global distributor of information technology products, logistics management and other services. Co. distributes microcomputer hardware and software products to various resellers, direct marketers and retailers. Co.'s other services include training and technical support, external financing options, configuration services, outbound telemarketing, marketing services and a suite of electronic commerce applications. As of Jan 31 2008, Co. provided its products to more than 100,000 resellers, direct marketers, and retailers in more than 100 countries throughout North America, Latin America and Europe.
Competitors
Stock Quote
Board of Directors
Mr. Steven A. Raymund Chairman
Mr. Robert M. Dutkowsky
Mr. Jeffery P. Howells
Dr. David M. Upton Ph.D.
Ms. Kathy Misunas
Mr. Thomas I. Morgan
Mr. Charles E. Adair
Mr. Maximilian Ardelt
Mr. John Y. Williams
NAICS Code
Computer and Computer Peripheral Equipment and Software Merchant Wholesalers: 423430
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