Key Developments: Avnet Inc (AVT)

AVT on New York Consolidated

43.89USD
17 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Avnet declares regular quarterly dividend
Friday, 13 Feb 2015 08:00am EST 

Avnet Inc:Declares a regular quarterly cash dividend of $0.16 per share.Payable on March 16 to shareholders of record as of the close of business on March 3.  Full Article

Avnet Inc's Avnet Technology Solutions selected as global distributor to bring new EMC VSPEX BLUE to market
Tuesday, 3 Feb 2015 10:17am EST 

Avnet Inc:Says that Avnet Technology Solutions, operating group of Avnet Inc, announced that it will provide its channel partners with EMC's new EMC VSPEX BLUE hyper-converged infrastructure solution.Says that this will allow channel partners to design and deploy new solutions that offer their SMB, mid-market and enterprise customers the cloud and data center benefits of hyper-converged infrastructure, and at the price points and sizes that align with their needs.  Full Article

Avnet Inc gives Q3 2015 revenue outlook; EPS outlook below analysts' estimates
Thursday, 22 Jan 2015 08:00am EST 

Avnet Inc:Expects Q3 2015 sales to be in the range of $6.6 -$7.2 bln.Expects Q3 2015 diluted earnings per share to be in the range of $1.04 to $1.14 per share.Q3 2015 revenue of $6.9 bln, EPS of $1.15 - Thomson Reuters I/B/E/S.  Full Article

Avnet Inc announces an additional $250 mln share repurchase authorization and declares regular quarterly dividend
Friday, 7 Nov 2014 08:00am EST 

Avnet Inc:Announced approval by its Board of an additional $250 mln for use in its stock repurchase program and the declaration of a regular quarterly cash dividend of $0.16 per share.Says the dividend will be paid on Dec. 15, to shareholders of record as of the close of business on Dec. 2.  Full Article

Avnet Inc gives Q2 2015 guidance in line with analysts' estimates
Thursday, 23 Oct 2014 08:05am EDT 

Avnet Inc:Expects Q2 2015 sales to be in the range of $7.0 bln and $7.6 bln.Expects Q2 2015 adjusted diluted EPS to be in the range of $1.15-$1.25.Q2 2015 revenue of $7.272 bln and EPS of $1.18 - Thomson Reuters I/B/E/S.  Full Article

Avnet Technology Solutions services teams up with the Linux Foundation
Monday, 15 Sep 2014 11:00am EDT 

Avnet Technology Solutions:Says its Avnet Services business unit has formed strategic agreement with the Linux Foundation to expand the availability of select Linux classes worldwide.Students have an opportunity to take any of these popular courses through Avnet Academy, Avnet Services' education and training group, either online or in live, classroom settings around the world.Avnet Technology Solutions is an operating group of Avnet, Inc.  Full Article

Avnet Inc announces increase in quarterly dividend
Friday, 8 Aug 2014 08:00am EDT 

Avnet Inc:Approves 7 pct increase in the quarterly cash dividend to $0.16 per share.Dividend will be paid on Sept. 19 to shareholders of record as of the close of business on Sept. 8.  Full Article

Avnet Inc's Avnet Technology Solutions selected as new converged infrastructure distributor for Nutanix in U.S. and Canada
Wednesday, 6 Aug 2014 01:00pm EDT 

Avnet Inc:Signs distribution agreement with Nutanix, web-scale converged infrastructure company.Under this agreement, Avnet will provide channel partners in U.S. and Canada with Nutanix Virtual Computing Platform, which partners can use to design and develop converged compute and storage infrastructure for virtualized data centers.  Full Article

Avnet Inc gives Q1 2015 outlook in line with analysts' estimates
Wednesday, 6 Aug 2014 08:00am EDT 

Avnet Inc:Expects Q1 2015 sales to be between $6.4 -$7.0 bln.Expects Q1 2015 adjusted diluted earnings per share to be in the range of $0.93 to $1.03 per share.Q1 2015 revenue of $6.7 bln, EPS of $1.02 - Thomson Reuters I/B/E/S.  Full Article

Avnet Inc's Avnet Technology Solutions expands distribution relationship with HP into Mexico
Wednesday, 30 Jul 2014 11:00am EDT 

Avnet Inc:Says Avnet Technology Solutions, an operating group of Avnet, Inc distribute HP's data center-related products in Mexico, including enterprise technologies and software.Under this new agreement, Avnet will provide channel partners with wide variety of resources to help them capture analytics, big data, cloud computing and converged infrastructure opportunities.To support this relationship, Avnet has formed an HP Solutions group in Mexico, a dedicated team focused on helping partners increase their data center sales with HP enterprise technologies and software.  Full Article

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