Arrow Electronics (ARW) Tops Q3 EPS by 2c, Offers Q4 Guidance
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Arrow Electronics Reports Third-Quarter 2018 Results
November 1, 2018 8:00 AM EDT-- Record Third-Quarter Sales, Gross Profit, Operating Income, and Earnings Per Share --
-- Third-Quarter Cash Flow from Operations of $494 Million --
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported third-quarter 2018 sales of $7.49 billion, an increase of 9 percent from sales of $6.86 billion in the third quarter of 2017. Third-quarter net income of $177 million, or $1.99 per share on a diluted basis, compared with net income of $134 million, or $1.50 per share on a diluted basis, in the third quarter of 2017. Excluding... More
