Arrow Electronics (ARW) Tops Q4 EPS by 21c, Offers Q1 Guidance
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Arrow Electronics Reports Fourth-Quarter and Year-End 2017 Results
February 6, 2018 8:00 AM EST-- Record Fourth-Quarter and Full-Year Sales and Operating Income --
-- Full-Year 2017 Sales Advanced $3 Billion Over Full-Year 2016 --
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported fourth-quarter 2017 sales of $7.63 billion, an increase of 18 percent from sales of $6.44 billion in the fourth quarter of 2016. Fourth-quarter net income of $54 million, or $0.60 per share on a diluted basis, compared with net income of $165 million, or $1.81 per share on a diluted basis, in the fourth quarter of 2016. Excluding certain items1, net income would have... More
