Tech Data (TECD): Q1 EPS of $0.63 beats by $0.29. Revenue of $4.99B (-17.7%) in-line. Gross...

|About: Tech Data Corporation (TECD)|By:, SA News Editor
Tech Data (TECD): Q1 EPS of $0.63 beats by $0.29. Revenue of $4.99B (-17.7%) in-line. Gross margin 5.28% vs. 4.86% a year ago. Sees sales down in Q2 due to decline in IT spending and strength of dollar. (PR)