Avnet (AVT) Tops Q1 EPS by 1c, Offers Guidance

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Avnet Reports First Quarter Fiscal 2019 Financial Results

October 25, 2018 4:05 PM EDT

First quarter sales rose 9.2 percent year over year

GAAP diluted EPS rose 53 percent to $0.72; adjusted diluted EPS rose 36 percent to $1.03

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (Nasdaq: AVT) today announced results for the first quarter ended September 29, 2018.

First Quarter Key Financial Highlights

Sales of $5.09 billion rose 9.2% year over year Sales grew 9.9% year over year in constant currency GAAP diluted EPS from continuing... More