Avnet (AVT) Tops Q3 EPS by 6c

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Avnet Reports Third Quarter Fiscal 2018 Results

April 26, 2018 7:00 AM EDT

Strategic Initiatives Continue to Drive Improved Financial Performance

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (NYSE:AVT) today announced results for the third quarter ended March 31, 2018.

Third Quarter Fiscal 2018 Highlights

Sales of $4.8 billion increased 6.1% sequentially and 8.0% year over year Excluding supplier program changes, sales grew 7.3% year over year in constant currency GAAP operating margin loss of (1.1%) Non-GAAP adjusted operating... More