Newsroom

Featured News

  • Avnet's ecosystem continues to drive transformation as higher margin businesses improve GAAP operating income margin to 3.3%; Adjusted operating income margin increased from 3.6% to 3.8% YoY

    GAAP diluted EPS of $0.87; Adjusted diluted EPS of $1.09, up 6.9% YoY

    PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (Nasdaq: AVT) today announced results for the third fiscal quarter ended March 30, 2019. Third Quarter Key Financial Highlights Delivered sales of $4.70 billion, in line with guidance In constant currency, sales rose 1.2% compared to the year ago period GAAP diluted EPS from continuing operations totaled $0.87...
  • Conference call and webcast to follow at 1:30 p.m. PDT / 4:30 p.m. EDT

    PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a global technology solutions provider, today announced it will report financial results for the third quarter fiscal year 2019 on April 25 after market close. Following the earnings release, Avnet Chief Executive Officer Bill Amelio and Avnet Chief Financial Officer Tom Liguori will host a webcast and conference call at 1:30 p.m. AZ/PDT and 4:30 p.m. EDT to discuss the financial results and provide...
  • Avnet Direct Connect allows companies to maximize financial performance while delivering software applications on validated hardware platforms

    PHOENIX--(BUSINESS WIRE)--Avnet Direct Connect, a financial service from global technology solutions provider Avnet (Nasdaq: AVT), gives software and original equipment manufacturer (OEM) customers the ability to deploy their applications on validated hardware solutions faster, easier and more profitably. Hardware can often stretch software companies’ finances and resources, especially those that need to focus primarily on software intellectual...

Story Makers Blog

  • At Avnet, nothing excites us more than being able to leverage our ecosystem to build a more sustainable world. This Earth Day, Avnet renews our commitment to ensuring our operations help protect the environment for our employees, customers, partners and communities. We are proud of the progress we have made internally and externally while continuing to support the development of products and technologies to create a more prosperous and resilient future for us all.

  • image of Sunny Trinh Avnet speaking at MRC

    Sunny Trinh, vice president of demand creation, represented Avnet on a panel at the Merchant Risk Council (MRC) conference in Las Vegas in March. Alongside business partners Microsoft and BitPay, the panel discussed Avnet’s recent announcement to accept cryptocurrency payments. This major step positions the global technology solutions provider as an industry leader and opens up exciting new opportunities for customers. 

  • image of Lynn Torrel at PBJ OWIB event

    The Phoenix Business Journal recently honored 25 outstanding women in business, and among them was Lynn Torrel, President of Avnet United and Velocity. A sold out ballroom of some 500 attendees – including two tables sponsored by Avnet – came out last week in full force to support the honorees.