Welcome to our dedicated page for Avnet news (Ticker: AVT), a resource for investors and traders seeking the latest updates and insights on Avnet stock.
Avnet, Inc. (Nasdaq: AVT) is a global technology distributor and solutions provider that regularly issues news and updates related to its operations in business-to-business electronic markets. As a company that supports customers and suppliers at every stage of the product lifecycle, from idea and design through prototyping and production, Avnet frequently reports on financial performance, capital allocation decisions and participation in investor events.
News for AVT commonly includes quarterly and annual financial results, where Avnet discusses sales, earnings, segment performance for its Electronic Components and Farnell businesses, and regional trends across the Americas, EMEA and Asia. These releases often highlight non-GAAP financial measures, cash flow from operations and commentary from management on market conditions and business outlook.
Investors following Avnet’s news can also expect announcements about dividends and share repurchases, such as board approvals of regular quarterly cash dividends and changes in dividend levels, as well as disclosures about repurchases of common stock under the company’s share repurchase program. In addition, Avnet issues press releases on financing activities, including the issuance and pricing of convertible senior notes and amendments to credit agreements.
The AVT news flow further includes information on upcoming and completed investor conferences, earnings call schedules and webcasts, and other corporate developments disclosed through press releases and related Form 8-K filings. For investors, analysts and other market participants, this news page provides a centralized view of Avnet’s public communications about its financial condition, strategic financing actions and ongoing engagement with the investment community.
Avnet (Nasdaq: AVT) announced it will release financial results for the first quarter of fiscal year 2021 on October 28 after market close. Following the earnings report, interim CEO Phil Gallagher and CFO Tom Liguori will host a conference call at 1:30 p.m. PDT / 4:30 p.m. EDT to discuss the results and corporate updates. Investors can join the call at 877-407-8112 or 201-689-8840. A replay will be available for 90 days. For further details, visit Avnet's Investor Relations website.