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Tech Data's Rich Hume On Distributor's Role In The Cloud And IoT: Exclusive

Rich Hume talks with CRN about how his company is helping solution providers engage with their clients' digital transformation activities, and explained why the company's share price dip after its fourth fiscal quarter financials is temporary.

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So why do you think the investors reacted so negatively on Thursday? 

What I think the market is reacting to is, the guidance in the first quarter was lower than the guidance of the analyst community. That's my speculation on what they were responding to.

A couple things. Q1 is typically our smallest quarter of the year. And its one of the usually more challenging for us, given the size. That's a piece of it. Secondly, we've got really good confidence in the full year ahead, and I think that if we are to be judged on those metrics that they would be considered very reasonable and solid.

OK, let's see if the analysts agree with that later... 

The upside, though, is you get a knee-jerk reaction. And then as the rest of the analysis is complete, there's perhaps a bit of an adjustment to the view.

 
 
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