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) 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.
Arrow Electronics (NYSE:ARW) has appointed Sean J. Kerins as chief operating officer, succeeding his role as president of global enterprise computing solutions. Kerins has over a decade of experience in various leadership positions at Arrow and EMC. Kristin D. Russell will take his previous position, coming from a background in global services at Arrow and prior roles in Deloitte and the State of Colorado. Both appointments aim to ensure continuity and drive innovation in operations and sales, as emphasized by CEO Michael J. Long.
Arrow Electronics (NYSE:ARW) announced the retirement of Andy King, president of the global components business, effective December 31, 2020. King has contributed significantly to the company's success over his 34 years. David West, currently senior vice president of worldwide supplier marketing and engineering, will succeed him. West brings 22 years of leadership experience at Arrow, indicating continuity in the components segment's strategic direction. Arrow reported 2019 sales of $29 billion, supporting technology solutions for over 175,000 manufacturers and service providers.
Arrow Electronics (NYSE:ARW) has launched a new Security Starter Kit designed to integrate wireless solutions and single-board computers with Infineon's OPTIGA TPM2.0 and Trust M security solutions. This kit aims to address security gaps in connected devices, estimated at 70% lacking adequate security. It offers a simplified path for companies to implement essential security features, supporting current standards like ETSI TS 103 645. The kit is compatible with AWS IoT services, enabling rapid connection to cloud services for secure device development.
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