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20.02.26 - 01:03
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Avnet Declares Regular Quarterly Dividend (Business Wire)
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PHOENIX--(BUSINESS WIRE)--#Avnet--Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, announced that its Board of Directors has approved a regular quarterly cash dividend of $0.35 per share. The dividend will be paid on March 18, 2026, to shareholders of record as of the close of business on March 4, 2026.
About Avnet
As a leading global technology distributor and solutions provider, Avnet has served customers' evolving needs for more than a century. Through regional and specialized businesses around the world, we support customers and suppliers at every stage of the product lifecycle. We help companies adapt to change and accelerate the design and supply stages of product development. With a unique viewpoint from the center of the technology supply chain, Avnet is a trusted partner that solves complex design and supply chain issues so customers can realize revenue faster. Learn more about Avnet at www.avnet.com. (AVT_IR)
Visit the Avnet Investor Relations website at ir.avnet.com o...
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28.01.26 - 14:03
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Avnet Reports Second Quarter 2026 Financial Results (Business Wire)
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Achieved year-over-year and quarter-over-quarter sales growth across all regions, led by Asia
Exceeded high end of sales and adjusted EPS guidance ranges
Diluted EPS of $0.75 and Adjusted diluted EPS of $1.05
Generated $208 million of cash flow from operationsPHOENIX--(BUSINESS WIRE)--#Avnet--Avnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended December 27, 2025.
“We delivered year-over-year sales growth across all of our Electronic Components regions and Farnell, and both total Company revenue and earnings per share were above our expectations. Sequentially, our adjusted operating income grew two times faster than sales, demonstrating the expected leverage in our business model. Our team's continued commitment to optimizing inventory and driving operational excellence also enabled us to generate operating cash flow and reduce days of inventory this quarter,” said Avnet Chief Executive Officer Phil Gallagher. “The trends we see are encouraging, and our third quarter outloo...
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