Tech Data Corporation
Stock Symbol: TECD
5350 Tech Data Drive
Tech Data Corporation Industry:
Tech Data Corporation Description:
Tech Data Corporation founded in 1974, is a leading global provider of IT products, logistics management and other value-added services. Ranked 95th on the Fortune 500, the company and its subsidiaries serve more than 100,000 technology resellers in the United States, Canada, the Caribbean, Latin America, Europe and the Middle East. Tech Data's extensive service offering includes pre- and post-sale training and technical support, financing options and configuration services as well as a full range of award-winning electronic commerce solutions.
Tech Data Corporation Financial Summary:
Tech Data Corp. distributes microcomputer-related hardware and software products to value-added and corporate resellers, retailers and direct marketers. For the 6 months ended 7/31/05, net sales rose 5% to $9.91B. Net loss totaled $25.9M vs. an income of $65.3M. Revenues reflect higher sales in the Americas and in EMEA. Net loss reflects the inclusion of $19.3M restructuring charges, and increased interest expense.
Tech Data Corporation Business Summary:
Tech Data Corporation (Tech Data) is a provider of information technology (IT) products, logistics management and other value-added services. The Company offers various microcomputer hardware and software products, directly purchased from manufacturers and publishers in large quantities for sale to more than 90,000 value-added resellers, corporate resellers, retailers, direct marketers and Internet resellers. Tech Data provides a range of value-added customer services, including pre-sale and post-sale training and technical support, external financing options, configuration services, outbound telemarketing, marketing services and a suite of electronic commerce solutions. The Company serves its customers in more than 100 countries throughout the United States, Canada, Latin America and the Caribbean (the Americas), as well as in Europe, the Middle East and Africa.