đź’¨ Abstract

Avnet Inc., a Phoenix-based distributor of electronic components, reported higher-than-expected fiscal third-quarter earnings of $1.01 per share, with adjusted earnings of 84 cents per share. Revenue also surpassed expectations, at $5.32 billion. For the current quarter, Avnet expects earnings to range from 65 cents to 75 cents, with revenue expected to be between $5.15 billion and $5.

Courtesy: wtop.com

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