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Stock impact report

Avnet Reports First Quarter 2025 Financial Results

Avnet, Inc. (AVT) 
Last avnet, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.avnet.com/investor-relations
Company Research Source: Business Wire
First quarter sales of $5.6 billion and diluted EPS of $0.66Adjusted diluted EPS of $0.92Cash flow from operations of $838 million over past four quarters PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (Nasdaq: AVT) today announced results for its first quarter ended September 28, 2024.“In the first quarter, our sales and earnings exceeded the upper end of our guidance range led by a return to growth in our Asia region. We continue to focus on improving the performance of our Farnell business and remain committed to improving its operating model and profitability,” said Avnet Chief Executive Officer Phil Gallagher. “Despite uneven market conditions, our team continues to operate effectively, and I want to thank them for their execution and for maintaining collaborative relationships with our customers and suppliers. Their efforts position us well to capitalize on profitable growth opportunities as the market recovers.”Fiscal First Quarter Key Financial Highlights:Sales of $5.6 billion, comp Show less Read more
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