Arrow Electronics (ARW) Tops Q2 EPS by 1c; Guides Q3 In-Line
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Arrow Electronics Reports Second-Quarter 2016 Results
August 2, 2016 8:03 AM EDT-- Margins Expand Over Prior Year --
-- Earnings Per Share of $1.45; Non-GAAP Earnings Per Share of $1.65 --
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported second-quarter 2016 net income of $134.3 million, or $1.45 per share on a diluted basis, compared with net income of $123.9 million, or $1.28 per share on a diluted basis, in the second quarter of 2015. Excluding certain items1, net income would have been $152.7 million, or $1.65 per share on a diluted basis, in the second quarter of 2016, compared with net income of... More
