Tech Data posts record earnings


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  • | 4:57 p.m. May 24, 2010
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A 12.6% year-over-year boost in net sales drove Tech Data Corp. to record-breaking net income in its most recent quarter.

The company reported a $45.6 million net profit in its latest financial results, up 43.7% from last year's first quarter total.

That translates to an earnings per share of $0.88, also higher than any previous first quarter amount.

 

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