Arrow Electronics Q2 2021 Earnings Report
Key Takeaways
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.
Second-quarter sales increased 30 percent year over year.
Second-quarter net income was $241 million, or $3.23 per share on a diluted basis.
Global components second-quarter sales increased 40 percent year over year.
Global enterprise computing solutions second-quarter sales increased 4 percent year over year.
Arrow Electronics
Arrow Electronics
Arrow Electronics Revenue by Segment
Forward Guidance
Consolidated sales of $8.175 billion to $8.775 billion, with global components sales of $6.375 billion to $6.675 billion, and global enterprise computing solutions sales of $1.8 billion to $2.1 billion. Net income per share on a diluted basis of $3.24 to $3.40, and non-GAAP net income per share on a diluted basis of $3.42 to $3.58.
Revenue & Expenses
Visualization of income flow from segment revenue to net income