Avnet Reports Second Quarter Fiscal 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- S&P, Dow edge higher on Mideast deal hopes; SpaceX debut in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil falls to near two-month lows as Trump calls off threatened strikes on Iran
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Wall St set to gain on tech rebound, Middle East in focus
Avnet (AVT) Misses Q2 EPS by 1c, Revenues Beat; Offers Q3 EPS/Revenue Mid-Point Guidance Below Consensus
January 23, 2020 4:08 PM ESTAvnet (NASDAQ: AVT) reported Q2 EPS of $0.40, $0.01 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.42 billion.
Second Quarter Key Financial Highlights:
Sales of $4.5 billion were in line with guidance.GAAP diluted EPS from continuing operations totaled $0.05, compared with $0.33 a year ago.Non-GAAP adjusted diluted EPS totaled $0.40 compared with $1.04 a year... More