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Avnet Inc. - AVT STOCK NEWS

Welcome to our dedicated news page for Avnet (Ticker: AVT), a resource for investors and traders seeking the latest updates and insights on Avnet.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Avnet's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Avnet's position in the market.

Rhea-AI Summary
Panasas and Avnet have signed a partnership agreement for manufacturing and fulfillment, enhancing Panasas' global growth in the HPC and AI storage market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
partnership
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Rhea-AI Summary
Avnet (AVT) will report its third-quarter fiscal year 2024 earnings on May 1, 2024, before the market opens. The company's CEO and CFO will host a webcast and conference call to discuss the financial results and provide a corporate update. Investors can participate in the live call or access the webcast and slides on Avnet's Investor Relations web page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
conferences earnings
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Rhea-AI Summary
Avnet (AVT) to participate in the 45th Annual Raymond James Institutional Investors Conference with a fireside chat led by CFO Ken Jacobson and VP Joe Burke on March 4, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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conferences
Rhea-AI Summary
Avnet, Inc. (AVT) declares a regular quarterly cash dividend of $0.31 per share, payable on March 20, 2024, to shareholders of record as of March 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
dividends
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Rhea-AI Summary
Avnet, Inc. (AVT) reported second-quarter sales of $6.2 billion and diluted EPS of $1.28, with adjusted diluted EPS of $1.40. The Electronic Components operating margin was 4.3%. CEO Phil Gallagher expressed satisfaction with the results, attributing them to the team's strong execution despite economic challenges. He also expressed confidence in the company's competitive position and experience in managing industry cycles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.37%
Tags
-
Rhea-AI Summary
Avnet (Nasdaq: AVT) will report financial results for the second quarter fiscal year 2024 on January 31, 2024, before the market opens. The company's CEO and CFO will host a webcast and conference call to discuss the financial results and provide a corporate update. Details for participation in the live call and webcast are provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.21%
Tags
conferences earnings
Rhea-AI Summary
Avnet, Inc. (AVT) Announces Regular Quarterly Cash Dividend of $.31 per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
dividends
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Rhea-AI Summary
Avnet (Nasdaq: AVT) to Participate in Investor Conferences, CEO and CFO to Present at Wells Fargo TMT Summit and Raymond James TMT & Consumer Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
conferences
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Rhea-AI Summary
Avnet (Nasdaq: AVT) Engineers at a Turning Point Amid Design and Supply Chain Disruptions. Avnet released its third annual Avnet Insights survey, revealing a sense of optimism around component availability but uncertainty about future market conditions. Key takeaway: 73% of global respondents believe the component shortage has improved year-over-year, marking a significant shift from 2022. However, 29% are more concerned about market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
Tags
none
Rhea-AI Summary
Avnet, Inc. reported sales of $6.3 billion and diluted EPS of $2.25 in the first quarter of fiscal year 2024. Adjusted diluted EPS of $1.61 exceeded guidance. Electronic Components operating margin increased by 38 basis points year over year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
Avnet Inc.

Nasdaq:AVT

AVT Rankings

AVT Stock Data

4.26B
89.78M
0.78%
98.62%
3.5%
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About AVT

avnet guides today’s ideas into tomorrow’s technology. we design and make for start-ups – the technology dreamers poised to be the next big thing. and we supply and deliver for the contract manufacturers and oems who need to stock shelves around the globe. our culture was founded on new ideas and emerging technology. 15,000 people strong in 125 countries across north america, europe and asia. our engineers are on the front lines of innovation, supported by sales, supply-chain, design-chain and service teams with deep expertise – making avnet the go-to guide for innovators who set the pace for technological change. wherever you are in the technology product lifecycle, collaborating with avnet can help you reach further. explore the possibilities at www.avnet.com.