💨 Abstract

Arrow Electronics Inc. reported first-quarter net income of $79.7 million, surpassing Wall Street expectations with per-share earnings of $1.80. The company posted revenue of $6.81 billion, also exceeding estimates. For the second quarter, Arrow expects per-share earnings between $1.90 and $2.10, and revenue between $6.7 billion and $7.3 billion.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖