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Stock impact report

Arrow Electronics Reports First-Quarter 2024 Results [Yahoo! Finance]

Arrow Electronics, Inc. (ARW) 
Last arrow electronics, inc. earnings: 4/30 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
CENTENNIAL, Colo., May 02, 2024 BUSINESS WIRE )--Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its first quarter of 2024. "We continued to execute well in a challenging market environment and delivered first-quarter sales in line with our expectations, with non-GAAP earnings per diluted share above the high end of our guidance range," said Sean Kerins, Arrow's president and chief executive officer. "In the current environment, we're focused on managing factors within our control including effective use of working capital, appropriate cost discipline, and protecting our strategic growth priorities," said Mr. Kerins. Arrow Consolidated Quarter Ended March 30, April 1, (in millions except per share data) Consolidated sales Net income attributable to shareholders Net income per diluted share Non-GAAP net income attributable to shareholders Non-GAAP net income per diluted share In the first quarter of 2024, sales decreased 21 percent ye Show less Read more
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