Avnet

Avnet, Inc. engages in the distribution and sale of electronic components. It operates through the Electronic Components and Farnell segments. The Electronic Components segment markets and sells semiconductors, interconnect, passive and electromechanical devices, and integrated components. The Farnell segment is involved in the distribution of electronic components and related products to the electronic system design community utilizing multi-channel sales and marketing resources. The company was founded by Charles Avnet in 1921 and is headquartered in Phoenix, AZ.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Avnet exceeds Q1 earnings guidance, faces inventory challenges in Asia

Avnet's Q1 2023 performance exceeded guidance, but challenges persist in Asia and with inventory levels. The company is focused on managing inventory, working capital, and addressing pricing impacts. Opportunities lie in closely monitoring market conditions and managing backlog effectively.

Avnet surpasses Q2 expectations, eyes digital growth amid inventory challenges

Avnet delivered strong financial performance in Q2 FY 2023, driven by global sales growth and operational efficiency.
While facing challenges such as softening book-to-bill ratios and elevated inventory levels, Avnet's diversification and strategic focus remain strengths.
Opportunities lie in improving inventory management, leveraging digital sales channels, and addressing margin pressures in specific business segments.
Overall, Avnet's resilience and proactive approach position them well for navigating market uncertainties and driving future growth.

Avnet surpasses Q3 targets, eyes e-commerce growth amid challenges

Avnet's Q3 performance exceeded expectations, driven by sales growth in key regions and strong margins.
While facing challenges like product constraints and increased inventory, the company is focused on operational efficiency and balance sheet improvement.
Opportunities lie in expanding e-commerce sales, managing cancellations effectively, and leveraging sustained customer interest in orders.

Avnet posts stellar Q4 results, eyes growth and profitability

Avnet's strong performance in Q4 2023 showcases growth and operational efficiency. While facing challenges like lead times and margin mix, the company is well-positioned to capitalize on industry growth and improve profitability in the upcoming fiscal year.

Avnet reports Q1 sales decline but maintains solid margins

Avnet's Q1 performance saw a decline in sales but solid operating margins. The company is strategically managing inventory levels and costs to drive improvements. Despite challenges in certain segments, Avnet is optimistic about its competitive position and growth opportunities.

Avnet reports Q2 earnings slightly above guidance amidst global challenges

Avnet's Q2 performance was slightly above guidance, with a focus on margin expansion and expense control. Challenges include weak economic conditions globally and softening demand in certain sectors. The company is optimistic about future opportunities and aims to navigate market challenges by reducing inventory and focusing on growth areas.

Avnet reports Q3 earnings, eyes growth in defense markets

Avnet navigated challenges in Q3 but aims for growth in 2025. Cost reduction actions are expected to benefit in FY '25, with a focus on working capital reductions and market share gains. The company expects a return to growth in calendar year 2025.

Avnet surpasses Q1 expectations, focuses on inventory optimization

Avnet's Q1 performance exceeded expectations driven by Asia, facing challenges in the West and at Farnell.
Strategic focus on inventory reduction, margin stabilization, and growth opportunities in IP&E business.
Initiatives to optimize operations and enhance results in the face of market dynamics and regional challenges.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet launches cellular module for rapid development of IoT applications.

Avnet Launches Cellular Module for Rapid Development of IoT Applications

Avnet (AVT) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Avnet (AVT)

DCP Midstream

Brinker International

General Motors

Qorvo

Brinker International (EAT), DCP Midstream (DCP), Qorvo (QRVO), Avnet (AVT) and General Motors (GM) are five stocks with explosive relative price strength.

5 Relative Price Strength Stocks to Richly Reward Investors

AB Electrolux

Magna International

Rush Enterprises

Ternium

Here are 5 cheap stocks that have every reason to do well.

5 Strong Buy Stocks Gift-Wrapped for the Holidays

Despite an almost 45% rise since the March lows of this year, at the current price of around $29 per share, we believe Avnet Inc. stock is still a good opportunity for investors. Avnet stock has increased from $20 to $29 off the recent bottom, less than the S&P which increased by almost 60% from.

What's The Upside For Avnet Inc?

PHOENIX--(BUSINESS WIRE)---- $AVT #ReachFurther--Leading global distributor Avnet announced that the Company's Board of Directors has named Phil Gallagher as Chief Executive Officer.

Avnet Names Company Veteran Phil Gallagher CEO

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet simplifies IoT connectivity for developers via the LTE-M Development Kit.

Avnet Simplifies IoT Connectivity for Developers via the LTE-M Development Kit Based on the Sequans Monarch Platform and NXP's Microcontroller

II-VI Incorporated

MACOM Technology Solutions Holdings

Tupperware

Top Ranked Growth Stocks to Buy for November 18th

PHOENIX--(BUSINESS WIRE)--Avnet to participate in virtual investment banking conferences in December.

Avnet to Participate in Virtual Investment Banking Conferences in December

Avnet (AVT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Avnet (AVT) Gain on Rising Earnings Estimates?

Avnet (AVT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why You Shouldn't Bet Against Avnet (AVT) Stock?

Hologic

Office Depot

Top Ranked Growth Stocks to Buy for November 16th

Alpha and Omega Semiconductor

Healthcare Services Group

Lifetime Brands

Ultra Clean

Growth stocks with a low debt burden and sufficient liquidity are the way to go.

Picking Growth Stocks with More Room to Run

Industrias Bachoco SAB de CV

Mohawk Industries

Old Republic International

Plantronics

Santander Consumer USA Hlds

Significant estimate revisions make these value stocks solid investments.

6 Top-Rated Value Stocks To Buy Today

Avnet's (AVT) first-quarter fiscal 2020 top-line results reflect stellar growth across the Asia region, which more than offset the negative impact of soft sales across the Americas and EMEA regions.

Avnet (AVT) Surpasses Q1 Earnings and Revenue Estimates

Avnet, Inc. (AVT) Q1 2021 Results - Earnings Call Transcript

Avnet (AVT) delivered earnings and revenue surprises of 200.00% and 16.70%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Avnet (AVT) Tops Q1 Earnings and Revenue Estimates

PHOENIX--(BUSINESS WIRE)--Avnet reports first quarter fiscal 2021 financial results.

Avnet Reports First Quarter Fiscal 2021 Financial Results

Avnet (NASDAQ: AVT) announces its next round of earnings this Wednesday, October 28. Here is Benzinga's everything-that-matters guide for this Wednesday's Q1 earnings announcement.

A Preview Of Avnet's Earnings

Avnet (AVT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avnet (AVT) Expected to Beat Earnings Estimates: Should You Buy?

Avnet (AVT) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

PHOENIX--(BUSINESS WIRE)--Avnet to report first quarter fiscal year 2021 earnings on October 28.

Avnet to Report First Quarter Fiscal Year 2021 Earnings on October 28

Apogee Enterprises

Arrow Electronics

Owens-Illinois

WESCO

Companies that are able to leverage the pandemic to grow sales appear to have the advantage.

Will Earnings Reports Drive Shares This Earnings Season?

Avnet (AVT) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Why Avnet (AVT) is Such a Great Value Stock Pick Right Now

PHOENIX--(BUSINESS WIRE)--Avnet introduces 96Boards ON Semiconductor dual camera mezzanine for fast prototyping.

News for Avnet Stock (AVT)