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Stock impact report

Arrow (ARW) Q4 2024 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

Arrow Electronics, Inc. (ARW) 
Last arrow electronics, inc. earnings: 4/30 08:00 am Check Earnings Report
Chief Financial Officer — Raj Agrawal Treasurer and Vice President of Investor Relations — Brad Windbigler President of Global Components — Rick Marano President of Global Enterprise Computing Solutions — Eric Nowak Need a quote from a Motley Fool analyst? Email pr@fool.com Takeaways Total sales -- $7.3 billion, exceeding the high end of guidance and down 7% year over year. Non-GAAP diluted EPS -- $2.97, above the guided range attributable to favorable revenue performance. Global Components sales -- $4.8 billion, above the mid-point of guidance and down 3% sequentially from fiscal Q3 2024 (period ended Sept. 30, 2024). Enterprise Computing Solutions sales -- $2.5 billion, above guidance, up 12% year over year, and billings up 10% over prior year. Consolidated non-GAAP gross margin -- 11.7%, down approximately 90 basis points year over year, but up 20 basis points sequentially from fiscal Q3 2024 (period ended Sept. 30, 2024). Operating expenses (non-GAAP) -- $58 Show less Read more
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