2023-05-04 08:07:44 ET
- Arrow Electronics press release ( NYSE: ARW ): Q1 Non-GAAP EPS of $4.60 beats by $0.10 .
- Revenue of $8.74B (-3.6% Y/Y) beats by $130M .
- Q2 Outlook : Consolidated sales of $8.42 billion to $9.02 billion vs. consensus of $8.61 billion, with global components sales of $6.64 billion to $7.04 billion, and global enterprise computing solutions sales of $1.78 billion to $1.98 billion.
- Net income per share on a diluted basis of $4.10 to $4.30, and non-GAAP net income per share on a diluted basis of $4.25 to $4.45 vs. consensus of $4.50.
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Arrow Electronics Non-GAAP EPS of $4.60 beats by $0.10, revenue of $8.74B beats by $130M