Arrow Electronics (ARW) Tops Q2 EPS by 5c

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Arrow Electronics Reports Second-Quarter 2018 Results

August 2, 2018 8:01 AM EDT

-- Record Second-Quarter Sales, Gross Profit, Operating Income, and Earnings Per Share --

-- Second-Quarter Earnings Per Share of $1.92; Non-GAAP Earnings Per Share of $2.20 --

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported second-quarter 2018 sales of $7.39 billion, an increase of 15 percent from sales of $6.42 billion in the second quarter of 2017. Second-quarter net income of $170 million, or $1.92 per share on a diluted basis, compared with net income of $100 million, or $1.11 per share on a diluted basis, in the second quarter of 2017.... More