Avnet (AVT) Tops Q1 EPS by 5c, Offers Q2 and FY Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Avnet Reports First Quarter Fiscal 2018 Results
October 26, 2017 7:00 AM EDTPHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (NYSE: AVT) today announced results for the first quarter ended September 30, 2017.
First Quarter Results
Sales of $4.7 billion exceeded expectations and increased 13.2% year over year Organic sales increased 3.5% in constant currency from the year ago quarter Diluted earnings per share (EPS) from continuing operations of $0.47 Adjusted diluted EPS from continuing operations of $0.76 Returned $94 million of cash to shareholders via our share repurchase and dividend programs     First Quarters Ended September 30, 2017  October 1, 2016 (1)  Change ÂOrganicGrowth
Avnet$ in millions, except per share data
Sales $ 4,660.9 $ 4,118.1 13.2 % 4.8 % Constant Currency (2) 11.8 % 3.5 % Americas 1,185.5 1,250.5 (5.2) % (14.5) % EMEA... More