The convergence of physical and logical security isn't a new idea, but largely untapped by solution providers. Groups like 1nService and PSA Security are bringing these largely segmented channels together for this $7 billion market opportunity.
The IT products distributor saw a big rise in quarterly profit on stronger sales worldwide.
NEW YORK, March 4 (Reuters) - Computer products distributor Tech Data Corp. posted a better-than-expected 39 percent rise in quarterly profit Tuesday on stronger worldwide sales and improvement in gross margins.
Net income for the fiscal fourth quarter ended Jan. 31 rose to $50.2 million, or 92 cents a share, from $36.1 million, or 66 cents per share, a year earlier.
Excluding special items, profit was 96 cents a share. On that basis, analysts' average forecast was 88 cents, according to Reuters Estimates.
Revenue rose 5.9 percent to $6.48 billion. Wall Street had expected $6.46 billion.
Net sales in the Americas climbed 8.4 percent, while European net sales increased 4.2 percent.
The company said it expects first-quarter sales of $5.65 billion to $5.8 billion. Analysts expect $5.71 billion.
"As we proceed into fiscal 2009, the economic environment remains an important consideration, but we remain cautiously optimistic," Chief Executive Robert Dutkowsky said in a statement.
(Reporting by Franklin Paul; editing by John Wallace)
HP StorageWorks Scalable NAS is highly available, scalable network-attached storage for any industry solution. To learn how you can take full advantage of fault-tolerant NAS that seamlessly scales capacity and performance, visit:
http://www.hp.com/go/scalablenas
Microsoft-hosted solution offers you advanced customer relationship management capabilities without a major investment in IT and staffing.
Try It for free for 30 days!
Channel News and Analysis 
