Arrow Electronics reported Q4 2024 results, with sales decreasing by 7% year-over-year but exceeding original expectations. EPS was reported at $1.86 and non-GAAP EPS at $2.97, both above the high end of guidance.
Arrow Electronics reported sales of $6.82 billion, which was at the high end of their guidance range. The company's EPS was $1.88, and non-GAAP EPS was $2.38.
Arrow Electronics reported second-quarter sales of $6.89 billion, exceeding guidance. The company's GAAP earnings per diluted share was $2.01, and non-GAAP earnings per diluted share was $2.78. The company generated $320 million in cash flow from operations and repurchased $50 million in shares.
Arrow Electronics reported first-quarter sales of $6.9 billion, aligning with guidance. The company's earnings per diluted share were $1.53, and non-GAAP earnings per diluted share reached $2.41. The company focused on managing working capital, cost discipline and protecting strategic growth priorities.
Arrow Electronics reported Q4 sales in line with expectations, with EPS above the high end of guidance. Full-year 2023 results were solid, driven by healthy cash flow from operations.
Arrow Electronics reported third-quarter 2023 sales of $8.01 billion, a decrease of 14 percent year over year. Third-quarter net income was $199 million, or $3.53 per share on a diluted basis. Non-GAAP net income was $233 million, or $4.14 per share on a diluted basis.
Arrow Electronics reported second-quarter 2023 sales of $8.51 billion, a decrease of 10 percent year over year. Second-quarter net income was $237 million, or $4.12 per share on a diluted basis. Non-GAAP net income was $251 million, or $4.37 per share on a diluted basis.
Arrow Electronics reported first-quarter 2023 sales of $8.74 billion, a decrease of 4 percent year over year. First-quarter net income was $274 million, or $4.60 per share on a diluted basis. The company repurchased $300 million of shares during the first quarter.
Arrow Electronics reported strong fourth-quarter results with sales of $9.32 billion, a 3% increase year over year. Net income was $349 million, or $5.66 per share, while non-GAAP net income was $351 million, or $5.69 per share. The company also announced an additional $1 billion share repurchase authorization.
Arrow Electronics reported a strong third quarter in 2022, achieving record sales of $9.27 billion, a 9% increase year-over-year. The company's net income was $342 million, or $5.27 per share, while non-GAAP net income reached $354 million, or $5.45 per share.
Arrow Electronics reported first-quarter 2022 sales of $9.07 billion, an increase of 8 percent from sales of $8.39 billion in the first quarter of 2021. First-quarter net income was $365 million, or $5.31 per share on a diluted basis. Non-GAAP net income was $373 million, or $5.43 per share on a diluted basis.
Arrow Electronics reported fourth-quarter sales of $9.02 billion, a 7% increase from the previous year. Net income was $371 million, or $5.26 per share, compared to $236 million, or $3.08 per share in Q4 2020. Non-GAAP net income was $379 million, or $5.37 per share.
Arrow Electronics reported Q3 2021 sales of $8.51 billion, an 18% increase from Q3 2020. Third-quarter net income was $290 million, or $4.00 per share on a diluted basis. Non-GAAP net income was $293 million, or $4.04 per share on a diluted basis.
Arrow Electronics reported second-quarter 2021 sales of $8.56 billion, an increase of 30 percent from sales of $6.61 billion in the second quarter of 2020. Second-quarter net income was $241 million, or $3.23 per share on a diluted basis.
Arrow Electronics reported first-quarter 2021 sales of $8.39 billion, a 31 percent increase from the previous year. First-quarter net income was $206 million, or $2.72 per share, compared to $50 million, or $0.61 per share in the first quarter of 2020.
Arrow Electronics reported a strong fourth quarter with sales of $8.45 billion, a 15% increase year-over-year. Net income was $236 million, or $3.08 per share, compared to $112 million, or $1.36 per share in Q4 2019. Non-GAAP net income was $243 million, or $3.17 per share, compared to $181 million, or $2.20 per share in the prior year.
Arrow Electronics reported a strong third quarter with sales of $7.23 billion, a 2% increase year-over-year. Net income was $166 million, or $2.13 per share, compared to $92 million, or $1.10 per share in the third quarter of 2019. The company's performance was driven by strong demand for its products and solutions, particularly in the Asia-Pacific region.
Arrow Electronics reported second-quarter 2020 sales of $6.61 billion, a 10% decrease year-over-year. However, net income increased to $133 million, or $1.68 per share, compared to a net loss of $(549) million, or $(6.48) per share, in the second quarter of 2019. The company also announced an additional $600 million share repurchase program.
Arrow Electronics reported first-quarter 2020 sales of $6.38 billion, a decrease of 11% compared to Q1 2019. Net income for the quarter was $50 million, or $0.61 per share, compared to $141 million, or $1.63 per share in the same quarter last year. The company's results were impacted by the COVID-19 pandemic, but they focused on supporting customers and suppliers during the challenging environment.
Arrow Electronics reported Q4 2019 sales of $7.34 billion, a 7% decrease year-over-year. Net income was $112 million, or $1.36 per share, compared to $231 million, or $2.63 per share in Q4 2018.