Arrow Electronics Inc. (ARW) released earnings for its first quarter that Increases, from last year
The company's earnings totaled $235 million, or $4.55 per share. This compares with $80 million, or $1.51 per share, last year.
Excluding items, Arrow Electronics Inc. reported adjusted earnings of $270 million or $5.22 per share for the period.
The company's revenue for the period rose 39.0% to $9.474 billion from $6.814 billion last year.
Arrow Electronics Inc. earnings at a glance (GAAP) :
-Earnings: $235 Mln. vs. $80 Mln. last year.-EPS: $4.55 vs. $1.51 last year.-Revenue: $9.474 Bln vs. $6.814 Bln last year.
Looking ahead, for the second quarter, Arrow Electronics expects a rise in earnings and revenue.
For the second quarter of fiscal 2026, the company expects net income of $3.91 to $4.11 per share, with adjusted income of $4.32 to $4.52 per share, on sales of $9.15 billion to $9.75 billion.
For the second quarter of fiscal 2025, Arrow Electronics had recorded net income per share of $3.59 per share, with adjusted profit of $2.43 per share, on revenue of $7.58 billion.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.