Arrow Electronics (ARW) Tops Q1 EPS by 54c, Offers Q2 Guidance
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Arrow Electronics Reports First-Quarter 2021 Results
May 6, 2021 8:00 AM EDT
-- Record First-Quarter Sales, Operating Income, Net Income and Earnings per Share --
-- First-Quarter Earnings Per Share of $2.72; Non-GAAP Earnings Per Share of $2.84 --
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported first-quarter 2021 sales of $8.39 billion, an increase of 31 percent from sales of $6.38 billion in the first quarter of 2020. First-quarter net income was $206 million, or $2.72 per share on a diluted basis, compared with a net income of $50 million, or $0.61 per share on a diluted basis, in the first quarter of... More
