January 24, 2013 / 1:15 PM / 5 years ago

Avnet quarterly profit falls 6.5 pct

Jan 24 (Reuters) - Electronic products distributor Avnet Inc’s quarterly profit fell 6.5 percent as technology spending remained muted in an uncertain global economy.

Net income fell to $137.5 million, or 99 cents per share, in the second quarter from $147 million, or 98 cents per share, a year earlier.

Excluding items, the company earned $1.01 per share.

Revenue rose marginally to $6.7 billion.

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