Ingram Micro's revenue grew 11% in Q1 2025

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Ingram Micro reported a strong Q1 2025, with net revenue reaching $12.3 billion, exceeding expectations and showing an 11% increase year-over-year on an FX-neutral basis. The company's performance was driven by robust demand, with revenue surpassing the high end of the guidance provided in the previous quarter's call. Gross profit also exceeded expectations, reaching $829 million. CEO Paul Bay and CFO Michael Zilis discussed the results, highlighting the company's positive trajectory and future outlook during the earnings call held on May 8th.


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