Wholesale technology distributor Ingram Micro Inc. (NYSE: IM), Santa Ana, CA, reported sales for the third quarter of $10.5 billion, down 6.4 percent from the prior-year quarter. The company reported a profit of $65 million, down 9.7 percent from third-quarter 2014.
For the first nine months, the company reported sales of $31.7 billion, down 2.5 percent from the same period a year ago. Profit decreased 50 percent to $9 million.