Arrow Electronics (ARW) Tops Q4 EPS by 3c, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, Q1 Revenue Mid-Point Outlook Below Consensus

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Go back to Arrow Electronics (ARW) Tops Q4 EPS by 3c, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, Q1 Revenue Mid-Point Outlook Below Consensus

Arrow Electronics Reports Fourth-Quarter and Year-End 2019 Results

February 6, 2020 8:00 AM EST

-- Full-Year Cash Provided by Operating Activities of $858 Million --

-- Returned Approximately $390 Million to Shareholders in 2019 --

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported fourth-quarter 2019 sales of $7.34 billion, a decrease of 7 percent from sales of $7.92 billion in the fourth quarter of 2018. Fourth-quarter sales as adjusted decreased 5%. The company reported fourth-quarter net income of $112 million, or $1.36 per share on a diluted basis, compared with net income of $231 million, or $2.63 per share on a diluted basis, in the fourth... More