Arrow Electronics (ARW) Tops Q1 EPS by 10c, Offers Guidance
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Arrow Electronics Reports First-Quarter 2023 Results
May 4, 2023 8:00 AM EDT-- First-Quarter Earnings Per Share of $4.60; Non-GAAP Earnings Per Share of $4.60 --
-- Revenue and EPS Exceeding Midpoint of Guidance --
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported first-quarter 2023 sales of $8.74 billion, a decrease of 4 percent year over year, and a decrease of 2 percent year over year on a constant currency basis1. First-quarter net income was $274 million, or $4.60 per share on a diluted basis, compared with net income of $365 million, or $5.31 per share on a diluted basis, in... More
