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.

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The latest buyout backs Rockwell's (ROK) strategy to achieve double-digit growth in Information Solutions and Connected Services by accelerating its expertise in IT/OT cybersecurity services globally.

Rockwell to Acquire Avnet, Expand in Cybersecurity Market

Weakness in the components industry due to macroeconomic headwinds affects Avnet's (AVT) fiscal first-quarter results. However, cost-saving efforts are a positive.

Avnet's (AVT) Q1 Earnings Miss, Revenues Meet Estimates

Avnet, Inc. (AVT) CEO Bill Amelio on Q1 2020 Results - Earnings Call Transcript

Avnet (AVT) delivered earnings and revenue surprises of -7.69% and 1.47%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Avnet (AVT) Misses Q1 Earnings Estimates

Avnet, Inc. markets and distributes electronic components with a focus on semiconductors.

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Why HP, Heron Therapeutics, and Avnet Slumped Today

The electronics distributor is losing a key customer.

Why Shares of Avnet Are Falling Today

The buyout of Witekio is likely to add more capabilities in embedded software, edge computing and security to Avnet's (AVT) IoT business.

Avnet (AVT) Eyes IoT Expansion With Acquisition of Witekio

Avnet (AVT) partners with Trusted Objects to ensure faster time to market, cost reduction and better security for developers seeking to secure IoT deployments in cloud, middleware and on-device.

Avnet & Trusted Objects to Offer Comprehensive IoT Solutions

Avnet (AVT) reported earnings 30 days ago. What's next for the stock?

Why Is Avnet (AVT) Up 2.1% Since Last Earnings Report?

Avnet (AVT) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.

What Makes Avnet (AVT) a Strong Sell?

Avnet Inc. said Monday it was increasing its dividend by 5% and adding $500 million to its stock repurchase program.

Avnet boosts dividend, share buyback program

Weakness in the components industry due to macroeconomic headwinds affects Avnet's (AVT) fiscal fourth-quarter results. However, cost saving efforts are a positive.

Avnet's (AVT) Q4 Earnings Lag Estimates, Revenues Down Y/Y

Avnet, Inc (AVT) CEO Bill Amelio on Q4 2019 Results - Earnings Call Transcript

The extremely affordable computer is now even more powerful.

Raspberry Pi 4 boosts performance, keeps $35 starting price     - CNET

Why Is Avnet (AVT) Down 8.7% Since Last Earnings Report?

Avnet's (AVT) fiscal Q3 results ride on strong trend in key vertical markets and cost optimization efforts. However, downturn in China is an overhang.

Avnet (AVT) Q3 Earnings Surpass Estimates, Revenues Miss

Avnet, Inc. (AVT) CEO Bill Amelio on Q3 2019 Results - Earnings Call Transcript

Avnet (AVT) delivered earnings and revenue surprises of 0.93% and -0.99%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Avnet (AVT) Beats Q3 Earnings Estimates

Let's see if Avnet (AVT) stock is a good choice for value-oriented investors right now from multiple angles.

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