Arrow Electronics (ARW) Tops Q3 EPS by 7c, Offers Guidance

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Go back to Arrow Electronics (ARW) Tops Q3 EPS by 7c, Offers Guidance

Arrow Electronics Reports Third-Quarter 2022 Results

November 3, 2022 8:00 AM EDT

-- Record Sales, Gross Profit, Operating Income, and Earnings Per Share --

-- Third-Quarter Earnings Per Share of $5.27; Non-GAAP Earnings Per Share of $5.45 --

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported third-quarter 2022 sales of $9.27 billion, an increase of 9 percent year over year, and an increase of 14 percent year over year on a constant currency basis1. Third-quarter net income was $342 million, or $5.27 per share on a diluted basis, compared with net income of $290 million, or $4.00 per share on a... More