Arrow Electronics (ARW) Tops Q3 EPS by 50c, Offers Q4 Guidance

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Arrow Electronics Reports Third-Quarter 2021 Results

November 4, 2021 8:00 AM EDT

-- Record Gross Profit, Operating Income, and Earnings per Share --

-- Third-Quarter Earnings Per Share of $4.00; Non-GAAP Earnings Per Share of $4.04 --

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported third-quarter 2021 sales of $8.51 billion, an increase of 18 percent from sales of $7.23 billion in the third quarter of 2020. Third-quarter net income was $290 million, or $4.00 per share on a diluted basis, compared with a net income of $166 million, or $2.13 per share on a diluted basis, in the third quarter of... More