Arrow Electronics (ARW) Tops Q1 EPS by 2c; Guides In-Line

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Go back to Arrow Electronics (ARW) Tops Q1 EPS by 2c; Guides In-Line

Arrow Electronics Reports First-Quarter Results

May 4, 2017 8:00 AM EDT

-- Record First-Quarter Sales and Earnings Per Share --

-- First-Quarter Earnings Per Share of $1.26; Non-GAAP Earnings Per Share of $1.46 --

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported first-quarter 2017 net income of $114 million, or $1.26 per share on a diluted basis, compared with net income of $106 million, or $1.14 per share on a diluted basis, in the first quarter of 2016. Excluding certain items1, net income would have been $132 million in the first quarter of 2017, unchanged from the first quarter of 2016.... More