Arrow Electronics (ARW) Tops Q3 EPS by 43c, Offers Q4 Guidance
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Arrow Electronics Reports Third-Quarter 2020 Results
October 29, 2020 8:00 AM EDT-- Third-Quarter Earnings Per Share of $2.13; Non-GAAP Earnings Per Share of $2.08 --
-- Cash Provided by Operating Activities of $275 Million --
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported third-quarter 2020 sales of $7.23 billion, an increase of 2 percent from sales of $7.08 billion in the third quarter of 2019. Third-quarter net income was $166 million, or $2.13 per share on a diluted basis, compared with a net income of $92 million, or $1.10 per share on a diluted basis, in the third quarter of 2019. Non-GAAP net... More
