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Arrow Electronics Q2 2023 Earnings Report

Arrow Electronics logo
$119.64 +1.72 (+1.46%)
(As of 09:32 AM ET)

Arrow Electronics EPS Results

Actual EPS
$4.37
Consensus EPS
$4.33
Beat/Miss
Beat by +$0.04
One Year Ago EPS
$5.78

Arrow Electronics Revenue Results

Actual Revenue
$8.51 billion
Expected Revenue
$8.73 billion
Beat/Miss
Missed by -$212.83 million
YoY Revenue Growth
-10.00%

Arrow Electronics Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

Conference Call Resources

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Arrow Electronics Earnings Headlines

Arrow Electronics Enhances Board and Updates Governance
Forced out of retirement by these trades
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See More Arrow Electronics Headlines
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About Arrow Electronics

Arrow Electronics (NYSE:ARW) provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes electronic components comprising semiconductor products and related services; interconnect, passive, and electromechanical products, including capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, such as datacenter, cloud, security, and analytics solutions. This segment also provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.

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