Avnet Reports Third Quarter 2024 Financial Results
Avnet, Inc. (AVT)
Last avnet, inc. earnings: 4/27 04:05 pm
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US:NYSE Investor Relations:
ir.avnet.com/investor-relations
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Source: Business Wire
Third quarter sales of $5.7 billion and diluted EPS of $0.97Adjusted diluted EPS of $1.10Electronic Components operating margin of 4.1% PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (Nasdaq: AVT) today announced results for its third quarter ended March 30, 2024.“In the third quarter, we delivered results that were in line with our expectations, amidst economic softness and lower demand in the markets we serve. I am proud of our team’s effort to deliver robust cash flow from operations as the benefits from our countercyclical balance sheet started to take effect this quarter,” said Avnet Chief Executive Officer Phil Gallagher. “Our fourth quarter outlook reflects a continuation of these market conditions. Looking ahead, our team remains focused on the things we can control – bringing value to our customer and supplier partners, reducing operating costs, improving our working capital, generating cash flows and driving shareholder return.”Fiscal Third Quarter Key Financial Highlights:Sales o
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AVT
Earnings
- 5/1/24 - Miss
AVT
Sec Filings
- 5/13/24 - Form 4
- 5/10/24 - Form 144
- 5/3/24 - Form 10-Q
- AVT's page on the SEC website