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Avnet Inc.

Coverage of Avnet Inc. in the Nexus archive.

Earliest in view: Aug 5 · 12:23 UTCMost recent: Aug 5 · 12:23 UTC

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BUSINESSAug 5 · 12:23 UTCWTOP DC
Avnet: Fiscal Q4 Earnings Snapshot
Avnet Inc. reported fiscal fourth-quarter net income of $126.6 million with adjusted earnings of $2.28 per share, exceeding Wall Street expectations. The company generated $8.3 billion in revenue for the quarter and $27.63 billion annually, while its stock has risen 92% since the start of the year. Avnet projects current-quarter earnings between $2.80 and $2.90 per share.