Arrow Electronics (ARW) Tops Q1 EPS by 6c, Offers Guidance
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Arrow Electronics Reports First-Quarter 2018 Results
May 3, 2018 8:00 AM EDT-- Record First-Quarter Sales, Gross Profit, Operating Income, and Earnings per Share --
-- First-Quarter Earnings Per Share of $1.56; Non-GAAP Earnings Per Share of $1.88 --
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported first-quarter 2018 sales of $6.88 billion, an increase of 20 percent from sales of $5.74 billion in the first quarter of 2017. First-quarter net income of $139 million, or $1.56 per share on a diluted basis, compared with net income of $115 million, or $1.27 per share on a diluted basis, in the first quarter of 2017.... More
