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General

Avnet revenues, profit drop in Q1

Friday 28 October 2016 | 21:46 CET | News
Technology distributor Avnet reported results for its first quarter to 1 October showing adjusted revenues down 13.3 percent from the year before to USD 6.04 billion, the operating profit down 22.9 percent to USD 131.0 million and the net profit dropping over 47 percent to USD 68.8 million. Adjusted diluted earnings per share slid 18.8 percent to USD 0.91.

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Categories: General
Companies: Avnet
Countries: World
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