View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 10, 1998

MICROAGE EXPECTS SOLID Q4, WILL DECIDE ON PINACOR SOON

By CBR Staff Writer

Systems integrator MicroAge Inc says that it expects to report fourth-quarter revenues of more than $1.5bn and earnings per share in the $0.15 – $0.18 range, exceeding First Call’s consensus estimate of $0.14 per share. With respect to a decision on what it will do with the Pinacor distribution business, the Tempe, Arizona-based company insists it is narrowing its options, and says a decision is expected to be made by the end of the calendar year. It has long been believed that the company will sell Pinacor, which was set up as a separate business unit last March. The company will report full results for the quarter and year on January 13.

Content from our partners
The hidden complexities of deploying AI in your business
When it comes to AI, remember not every problem is a nail
An evolving cybersecurity landscape calls for multi-layered defence strategies

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU