Avnet (AVT) Misses Q2 EPS by 1c, Revenues Beat; Offers Q3 EPS/Revenue Mid-Point Guidance Below Consensus

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Avnet Reports Second Quarter Fiscal 2020 Financial Results

January 23, 2020 4:05 PM EST

Quarterly sales and EPS in line with guidance

Book to bill metrics at quarter end improved across all regions

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (Nasdaq: AVT) today announced results for its second fiscal quarter ended December 28, 2019.

Second Quarter Key Financial Highlights:

Sales of $4.5 billion were in line with guidance. GAAP diluted EPS from... More