Arrow Electronics (ARW) Misses Q1 EPS by 6c, Offers Q2 Guidance
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Arrow Electronics Reports First-Quarter 2019 Results
May 2, 2019 8:00 AM EDT-- Record First-Quarter Sales of $7.16 Billion --
-- First-Quarter Earnings Per Share of $1.63; Non-GAAP Earnings Per Share of $1.84 --
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported first-quarter 2019 sales of $7.16 billion, an increase of 4 percent from sales of $6.88 billion in the first quarter of 2018. First-quarter net income of $141 million or $1.63 per share on a diluted basis, compared with net income of $139 million, or $1.56 per share on a diluted basis, in the first quarter of 2018. Excluding certain items1, net income would... More
