Avnet Inc Q1 FY2025 Earnings Call

Avnet Inc (AVT)

Earnings Call FY2025 Q1 Call date: 2024-10-30 Concluded

Quarter scorecard

Revenue

$5.60B

-11.5% YoY

Diluted EPS

$0.66

-70.7% YoY

Gross margin

10.8%

-1.0 pp YoY

Net income

$58.96M

-71.8% YoY

Electronic Components $5.26B

-11.1%

Premier Farnell $347.09M

-17.6%

Buybacks

$100.00M

Shares repurchased

1.90M

Dividend / share

$0.33

ex Dec 4