UPDATE: Arrow Electronics (ARW) Tops Q4 EPS by 1c, Revenues Miss; Offers Q1 EPS/Revenue Guidance
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Arrow Electronics Reports Fourth-Quarter and Year-End 2018 Results
February 7, 2019 8:00 AM EST-- Record Fourth-Quarter and Full-Year Sales, Gross Profit and Operating Income --
-- Full-Year 2018 Sales Advanced $3 Billion Over Full-Year 2017 --
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported fourth-quarter 2018 sales of $7.92 billion, an increase of 5 percent from sales of $7.54 billion in the fourth quarter of 2017. Fourth-quarter net income of $231 million, or $2.63 per share on a diluted basis, compared with net income of $54 million, or $.60 per share on a diluted basis, in the fourth quarter of 2017. Excluding certain items1, net income... More
