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Avnet Inc (AVT.N)

AVT.N on New York Stock Exchange

37.05USD
10:40am EDT
Change (% chg)

$0.35 (+0.95%)
Prev Close
$36.70
Open
$36.96
Day's High
$37.09
Day's Low
$36.79
Volume
18,393
Avg. Vol
332,103
52-wk High
$51.17
52-wk Low
$35.96

Latest Key Developments (Source: Significant Developments)

Avnet sees Q4 2017 sales $4.35 bln to $4.65 bln
Thursday, 27 Apr 2017 06:45am EDT 

April 27 (Reuters) - Avnet Inc ::Avnet reports third quarter fiscal year 2017 results.Sees fy 2018 adjusted earnings per share $3.00 to $3.50 from continuing operations.Sees q4 2017 adjusted earnings per share $0.72 to $0.82 from continuing operations.Q3 earnings per share $0.69 from continuing operations.Sees Q4 2017 sales $4.35 billion to $4.65 billion.Sees FY 2018 sales $17.3 billion to $17.7 billion.Q3 adjusted earnings per share $0.88 from continuing operations.Qtrly sales $4,441.9 million versus $4,082.0 million.Q3 earnings per share view $0.86, revenue view $4.46 billion -- Thomson Reuters I/B/E/S.Avnet -preliminary outlook for adjusted EPS from continuing operations expected to be in range of $3.00 to $3.50 per share fiscal 2018 ending on june 30, 2018.  Full Article

Avnet and Xilinx expand global channel relationship
Thursday, 20 Apr 2017 11:10am EDT 

April 20 (Reuters) - Avnet Inc :Avnet Inc -co, xilinx mutually renew primary global channel relationship, deal to widen distribution of Xilinx's all programmable products.  Full Article

Avnet expands interconnect and power portfolio with Bel Fuse franchise agreement
Wednesday, 19 Apr 2017 11:51am EDT 

April 19 (Reuters) - Avnet Inc ::Expands interconnect and power portfolio with new global Bel Fuse franchise agreement.  Full Article

Avnet expands share repurchase program by $500 mln; raises dividend by 5.9 pct
Tuesday, 28 Feb 2017 07:00am EST 

Avnet Inc : Avnet expands share repurchase program by $500 million; increases dividend by 5.9% . Avnet Inc says board of directors approved a 5.9% increase in quarterly cash dividend to $0.18 per share .Avnet Inc - now has $675 million available for share repurchases when combined with prior authorizations.  Full Article

TECH DATA EXPECTS ACQUISITION OF AVNET’S TECHNOLOGY SOLUTIONS BUSINESS TO CLOSE BY END OF FEB
Friday, 17 Feb 2017 12:00pm EST 

Tech Data Corp : TECH DATA CORPORATION ANNOUNCES EXPECTED CLOSING DATE FOR ACQUISITION OF AVNET’S TECHNOLOGY SOLUTIONS BUSINESS .SUBJECT TO RECEIPT OF FINAL REGULATORY APPROVALS, PARTICULARLY EUROPEAN COMMISSION, ACQUISITION COULD CLOSE BY END OF FEBRUARY 2017.  Full Article

Avnet, IBM Advance IoT Solutions with joint development lab
Thursday, 16 Feb 2017 09:00am EST 

Avnet Inc :Avnet Inc - Avnet and IBM Advance IoT Solutions with joint development lab.  Full Article

Avnet posts Q2 adj. earnings $0.77/shr from continuing operations
Thursday, 26 Jan 2017 07:00am EST 

Avnet Inc : Avnet reports second quarter fiscal year 2017 results . Q2 adjusted earnings per share $0.77 from continuing operations . Q2 earnings per share $0.79 . Q2 earnings per share view $0.75 -- Thomson Reuters I/B/E/S . Sees Q3 2017 adjusted earnings per share $0.80 to $0.90 . Sees Q3 2017 sales $4.3 billion to $4.6 billion .Q3 earnings per share view $0.86, revenue view $4.49 billion -- Thomson Reuters I/B/E/S.  Full Article

Avnet acquires Hackster Inc
Monday, 14 Nov 2016 07:00am EST 

Avnet Inc - : Acquired a majority interest in Hackster .Avnet acquires Hackster Inc..  Full Article

Avnet expands distribution agreement with Western Digital into China to help meet growing data challenges
Tuesday, 1 Nov 2016 11:00am EDT 

Avnet Inc : Avnet inc - to offer hgst-branded products and solutions in china, products will be available through Avnet global computing components business unit .Avnet expands distribution agreement with Western Digital into China to help meet growing data challenges.  Full Article

Premier Farnell says European Commission clears Avnet deal
Friday, 7 Oct 2016 06:23am EDT 

Premier Farnell Plc :European Commission yesterday adopted a decision declaring acquisition to be compatible with common market.  Full Article

More From Around the Web

BRIEF-Avnet consolidates distribution centres

* New facility will consolidate Avnet's distribution centres in Hong Kong and Shenzhen from four to one Source text for Eikon: Further company coverage: