Arrow Electronics (ARW) Tops Q3 EPS by 43c, Offers Q4 Guidance

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Go back to Arrow Electronics (ARW) Tops Q3 EPS by 43c, Offers Q4 Guidance

Arrow Electronics Reports Third-Quarter 2020 Results

October 29, 2020 8:00 AM EDT

-- Third-Quarter Earnings Per Share of $2.13; Non-GAAP Earnings Per Share of $2.08 --

-- Cash Provided by Operating Activities of $275 Million --

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported third-quarter 2020 sales of $7.23 billion, an increase of 2 percent from sales of $7.08 billion in the third quarter of 2019. Third-quarter net income was $166 million, or $2.13 per share on a diluted basis, compared with a net income of $92 million, or $1.10 per share on a diluted basis, in the third quarter of 2019. Non-GAAP net... More