earnings
confidence high
sentiment positive
materiality 0.75
Arrow Electronics Q4 sales $7.28B, GAAP EPS $1.86, non-GAAP $2.97, both above high end of guidance
ARROW ELECTRONICS, INC.
2024-FY EPS reported
$7.29
revenue$27,923,324,000
- Q4 consolidated sales $7,283M (-7% YoY); GAAP diluted EPS $1.86, non-GAAP diluted EPS $2.97.
- Full-year 2024 sales $27,923M (-16% YoY); GAAP EPS $7.29, non-GAAP EPS $10.56.
- Global Components Q4 sales $4,814M (-15% YoY); Global ECS Q4 sales $2,469M (+12% YoY).
- FY 2024 cash from ops >$1.1B; inventory down $1.1B from peak; $250M returned via stock buybacks.
- Q4 results above high end of guidance; CEO notes incremental improvement in components leading indicators.