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ADI Global Distribution Lowers FY2026 Outlook Amid Weakening Residential Demand

The Motley Fool +1 · ·by G4L

ADIG
ADIG ADI Global Distribution Inc
$9.82 -49.85%
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  1. 1ADI Global Distribution Inc. reported third-quarter revenue of $1.3 billion, up 9% year-over-year.
  2. 2ADI Global Distribution Inc. recorded approximately $660 million in non-cash goodwill impairment charges during the quarter.
  3. 3ADI Global Distribution Inc. lowered its FY2026 revenue guidance to a range between $4.91 billion and $4.93 billion.

So what's the key point?

ADI Global Distribution Inc. reported revenue of $1.3 billion. The company has lowered its expectations for future earnings.

Source The Motley Fool +1 · View original ↗

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