Avnet (AVT) Tops Q1 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/21/2026
- Wall St gains on chip stocks recovery; earnings draw focus
- Oil prices rise over 2% on fresh attacks by US and Iran
- Chip stocks extend global rebound following last week's rout
- Citi's Chew says U.S. stock positioning unwind may not be over
- Adobe, Salesforce and Intuit fall as Morgan Stanley begins cautious coverage
- U.S. to impose 50% tariff on most Canadian goods, including USMCA
- Intersnack to acquire Utz Brands at $14.25 per share in go-private deal
- NVIDIA reports 9.3% passive stake in Nebius
- Wall Street indexes fall, with Iran and earnings season in focus
- Cantor Fitzgerald Starts Trulieve Cannabis (TRLV) at Overweight, 'Purpose-Built for a New Cannabis Regulatory Framework'
Avnet Reports First Quarter Fiscal Year 2017 Results
October 27, 2016 7:01 AM EDTStrategic Transition Underway
PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (NYSE: AVT) today announced results for the first quarter fiscal year 2017 ended October 1, 2016.
Highlights
Completed purchase of Premier Farnell in October, expects to realize $70 to $80 million of synergies Announced sale of Technology Solutions (TS) for $2.6 billion, expects to close in Q3 or Q4 FY2017 Q1 financial results consistent with previous expectations Electronics Marketing sales and operating income exceeded the midpoint of expectations... More