Investors appear focused on near-term results, hammering Tech Data (TECD -10.3%) after its...

|By:, SA News Editor

Investors appear focused on near-term results, hammering Tech Data (TECD -10.3%) after its results narrowly missed projections - EPS of $1.03 vs. $1.05, and revenue of $6.33B vs. $6.4B - and despite increased sales, and reiterated Q2 operating income and sales growth projections.