Avnet (AVT) Tops Q3 EPS by 1c, Revenues Miss; Affirms Q4 EPS/Revenue Mid-Point Guidance Below Consensus
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Avnet Reports Third Quarter Fiscal 2019 Financial Results
April 25, 2019 4:05 PM EDTAvnet's ecosystem continues to drive transformation as higher margin businesses improve GAAP operating income margin to 3.3%; Adjusted operating income margin increased from 3.6% to 3.8% YoY
GAAP diluted EPS of $0.87; Adjusted diluted EPS of $1.09, up 6.9% YoY
PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (Nasdaq: AVT) today announced results for the third fiscal quarter ended March 30, 2019.
Third Quarter Key Financial Highlights
Delivered sales of $4.70 billion, in line with guidance In... More