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 www.techdata.com.
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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