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Tech Data Reports Q3

CLEARWATER, Fla. -- Tech Data Corporation (NASDAQ:TECD), a leading distributor of IT products, today announced results for the fiscal 2008 third quarter ended October 31, 2007.

Table 1: Results At A Glance (1)

($ in millions, except per share amounts) Three months ended October 31, 2007 Three months ended October 31, 2006
Net sales $5,923.8 $5,431.3
Operating income (GAAP) $59.5 $32.1
Operating income (Non-GAAP) $59.5 $41.0
Net income (GAAP) $40.9 $9.6
Net income (Non-GAAP) $40.9 $18.0
Net income per diluted share (GAAP) $.73 $.18
Net income per diluted share (Non-GAAP) $.73 $.33
(1) Please refer to the GAAP to Non-GAAP Reconciliation that is contained in the attached financial summary.

This information is also available on the Investor Relations section of Tech Datas website at

Net sales for the three-month period ended October 31, 2007 reached a third-quarter record of $5.9 billion, an increase of 9.1 percent from $5.4 billion in the prior-year period.

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