The 2020 Mid-Year Economic Update_long

Ingram Micro Sales Down 3.3% in 2Q

Technology distributor also posts second-quarter loss of $34 million.

Wholesale technology distributor Ingram Micro Inc. (NYSE: IM), Santa Ana, CA, reported sales for the fiscal second quarter of $10.6 billion, down 3.3 percent from the prior-year quarter. The company reported a loss of $34 million, as compared to a profit of $51 million in second-quarter 2014.

For the first six months, the company reported sales of $21.2 billion, down 0.4 percent from the same period a year ago. Profit decreased 88.1 percent to $9 million.

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