Ingram Micro Records 49% Gain in Net Income in 2nd Quarter

SANTA ANA — Ingram Micro Inc., the huge distributor of technology products and services, posted a 49% gain in net income for the second quarter on record sales.

Profit rose to $40 million, or 27 cents a share, from $26.8 million, or 22 cents a share, for the corresponding period last year. The company recorded a $1.4-million charge related to stock options for the second quarter this year, and a$644,000 charge a year earlier. Sales increased 32% to $3.7 billion from $2.8 billion.

Net income for the first half was $80.3 million, or 55 cents a share, 59% higher than the $50.6 million, or 42 cents a share, for the first six months of 1996. Sales gained 35% to $7.4 billion from $5.5 billion.