Tech Data Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter and Twelve Months Ended April 30, 2018; Provides Earnings Guidance for the Three Months Ending July 31, 2018 and Effective Tax Rate Guidance for the Fiscal Year Ending January 31, 2019
For the twelve months ended April 30, operating income was $405,497,000 compared to $314,422,000 a year ago. Non-GAAP operating income was $603,559,000 compared to $404,583,000 a year ago.
For the three months ending July 31, 2018, the company expects earnings per share - diluted to be in the range of $1.13 to $1.43. Non-GAAP earnings per share - diluted to be in the range of $1.95 to $2.25. The company anticipates worldwide net sales to be in the range of $8.6 billion to $8.9 billion. For the quarter, and the fiscal year ending January 31, 2019, the company anticipates its effective tax rate will be in the range of 25% to 27%.