Published: 2024-10-30 08:09:04 ET AVT First quarter sales of $5.6 billion and diluted EPS of $0.66 Adjusted diluted EPS of $0.92 Cash flow from operations of $838 million over past four quarters Avnet, Inc. (Nasdaq: AVT) today announced results for its first quarter ended September 28, 2024.
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Country
US
Industry
Information Technology
Market Cap
Mid Cap
Num. Employees
15300
IPO Date
Dec 30, 1960
Country
US
Industry
Information Technology
Avnet, Inc. engages in the distribution and sale of electronic components. The company is headquartered in Phoenix, Arizona and currently employs 15,300 full-time employees. The firm markets, sells, and distributes electronic components from electronic component manufacturers, including semiconductors, interconnect, passive and electromechanical components, and other integrated and embedded components. The Company’s primary operating groups include Electronic Components (EC) and Farnell. EC serves a variety of markets ranging from automotive to medical to defense and aerospace. EC also offers an array of customer support options throughout the entire product lifecycle, including turnkey and customized design, supply chain, new product introduction, programming, logistics and post-sales services. The Farnell operating group primarily supports lower-volume customers and distributes a portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to both engineers and entrepreneurs, primarily through an e-commerce channel.
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