Avnet Inc. (NASDAQ:AVT) Q2 2024 Earnings Call Transcript January 31, 2024 11:00 AM ET Company Participants Joe Burke - Vice President of Treasury & Investor Relations Phil Gallagher - CEO, Member of Executive Board & Director Ken Jacobson - Chief Financial Officer Conference Call Participants William Stein - Truth Securities Ruplu Bhattacharya - Bank of America Joe Quatrochi - Wells Fargo Matt Sheerin - Stifel Toshiya Hari - Goldman Sachs Operator Welcome to the Avnet Second Quarter Fiscal Year 2024 Earning ...

Avnet (AVT) reported $6.2 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 7.6%. EPS of $1.40 for the same period compares to $2.00 a year ago.The reported revenue represents a surprise of +0.86% over the Zacks Consensus Estimate of $6.15 billion. With the consensus EPS estimate being $1.39, the EPS surprise was +0.72%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ne ...

PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended December 30, 2023. Commenting on the Company’s financial results, Avnet Chief Executive Officer Phil Gallagher stated, “We are pleased with the second quarter results, which were in line with our expectations. Our team continues to execute well despite the current economic environment and related challenges. We are confident that our strong competitive position and experience managing through many indus ...

Avnet (AVT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 31. On th ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-------------------------------------------------------------------------------------------|------------------------------------------------|------------------- ...

Avnet First Quarter Fiscal Year 2024 Financial Results Safe Harbor Statement This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the financial condition, results of operations, and business of theCompany. You can find many of these statements by looking for words like “believes,” “projected”, “plans,” “expects,” “anticipates,” “should,” “will,” “may,” ...

Avnet, Inc. (NASDAQ:AVT) Q1 2024 Earnings Conference Call November 1, 2023 4:30 PM ET Company Participants Joe Burke – Vice President-Investor Relations Phil Gallagher – Chief Executive Officer Ken Jacobson – Chief Financial Officer Conference Call Participants Melissa Fairbanks – Raymond James Ruplu Bhattacharya – Bank of America Joe Quatrochi – Wells Fargo Matt Sheerin – Stifel Joseph Cardoso – JPMorgan William Stein – Truist Securities Operator Greetings and welcome to the Avnet First Quarter Fiscal Year ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 1, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4224 Avnet, Inc. (Exact name of registrant as specified in its charter) New York (State or other jurisdiction of incorporation or org ...

Avnet, Inc. (NASDAQ:AVT) Q4 2023 Earnings Call Transcript August 16, 2023 4:30 PM ET Company Participants Joe Burke - VP, Treasury and IR Phil Gallagher - CEO Ken Jacobson - CFO Conference Call Participants Ruplu Bhattacharya - Bank of America Joe Quatrochi - Wells Fargo Matt Sheerin - Stifel Melissa Fairbanks - Raymond James Operator Welcome to the Avnet Fourth Quarter Fiscal Year 2023 Earnings Conference Call. I would now like to turn the floor over to Joe Burke, Vice President, Treasury and Investor Rela ...

Avnet Fourth Quarter and Fiscal Year 2023 Financial Results Safe Harbor Statement This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the financial condition, results of operations, and business of theCompany. You can find many of these statements by looking for words like “believes,” “projected”, “plans,” “expects,” “anticipates,” “should,” “will,” “ ...