Welcome to our dedicated page for Arrow Electrs news (Ticker: ARW), a resource for investors and traders seeking the latest updates and insights on Arrow Electrs stock.
Arrow Electronics Inc. (ARW) drives innovation across industries through its electronic components distribution and enterprise computing solutions. This page aggregates official announcements, financial updates, and strategic developments from the Fortune 500 technology leader.
Investors and industry professionals will find timely updates on earnings reports, product launches, and partnerships that highlight ARW's role in enabling AI-driven mobility, industrial automation, and next-gen IT infrastructure. Our curated feed ensures access to verified information about supply chain advancements and technology deployments.
Key coverage areas include quarterly financial results, executive leadership updates, R&D breakthroughs in AI/ML applications, and global expansion initiatives. All content is sourced directly from company communications and reputable financial publications.
Bookmark this page to monitor how ARW continues bridging manufacturers with cutting-edge technologies while maintaining its position as a critical enabler of industrial and commercial innovation.
Arrow Electronics (NYSE:ARW) reported a strong first-quarter 2021, with sales of $8.39 billion, up 31% from $6.38 billion in Q1 2020. Net income surged to $206 million ($2.72 per share), compared to $50 million in the previous year. The components segment led with $6.44 billion in sales, a 42% annual increase. The company expects Q2 sales between $8.1 billion and $8.7 billion, with net income per share forecasted at $2.67 to $2.83.
Strong performance attributed to effective demand management and a robust operating model.
Arrow Electronics (NYSE:ARW) will host a conference call on May 6, 2021, at 1:00 PM ET to discuss its first-quarter 2021 financial results. Interested parties can register at directeventreg.com. A replay will be available shortly after the call for one year at investor.arrow.com.
Arrow Electronics (NYSE:ARW) has entered an agreement with NVIDIA to distribute its professional visualization product portfolio. This collaboration enhances Arrow's extensive services for designers and engineers, addressing the increasing demand in sectors such as product design, architecture, and media. Salesh Rampersad, president of Arrow’s global services, noted the need for integrated solutions in the evolving work environment. NVIDIA's Geoff Fancher emphasized that this partnership will help Arrow cater to the growing requirements for remote work and advanced graphics workflows.
Arrow Electronics (NYSE:ARW) has announced that HPE GreenLake cloud services are now available through its ArrowSphere cloud marketplace. These services are accessible in over 35 countries and will simplify hybrid cloud solutions for thousands of channel partners and customers. HPE GreenLake provides flexible cloud services for various applications, enhancing ArrowSphere's offerings. This integration allows resellers to manage cloud services seamlessly, boosting digital transformation for their clients. Arrow's 2020 sales reached $29 billion, evidencing its strong market position.
Arrow Electronics (NYSE:ARW) announced that Chris Stansbury, senior vice president and CFO, will speak at the Raymond James 42nd Annual Institutional Investors Conference on March 2, 2021, at 12:30 P.M. Eastern Time. The presentation will be available through a live webcast on investor.arrow.com, with access lasting two weeks after the event.
Arrow Electronics generates innovative technology solutions, supporting over 180,000 manufacturers and service providers, and had 2020 sales of $29 billion. More information can be found at fiveyearsout.com.
Arrow Electronics reported fourth-quarter 2020 sales of $8.45 billion, a 15% increase from 2019. Net income surged to $236 million, equating to $3.08 per share, up from $112 million or $1.36 per share last year. Global components sales reached $5.92 billion, representing a 25% year-over-year increase, with Asia-Pacific components soaring 54%. However, full-year sales decreased 1% to $28.67 billion. For Q1 2021, Arrow projects sales between $7.625 billion and $8.225 billion.
Arrow Electronics (NYSE:ARW) announced that CFO Chris Stansbury will present at the Goldman Sachs Technology and Internet Conference on February 10, 2021, at 11:20 A.M. ET. The presentation will be accessible via a live webcast on investor.arrow.com, with availability for two weeks post-event. Arrow Electronics supports over 175,000 technology manufacturers and service providers, reporting $29 billion in sales for 2019. The company is dedicated to advancing technology solutions that enhance business operations and everyday life.
Arrow Electronics (NYSE:ARW) has expanded its partnership with Amazon Web Services (AWS), allowing Arrow to resell and manage AWS accounts globally. This collaboration aims to support customers in designing and deploying IoT solutions. The integration of Arrow's resources with AWS services will enhance development for OEMs creating smart IoT devices. Arrow's expertise and its ArrowSphere platform will simplify connections to AWS services, benefiting various sectors including consumer and industrial markets.
Arrow Electronics (NYSE:ARW) will host a conference call on February 4, 2021, at 1:00 PM ET, to discuss its fourth-quarter and year-end financial results for 2020. Interested parties can register online to obtain dial-in information or may access the live conference via a webcast. The replay will be available until February 18, 2021.
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