Avnet reports Q4 EPS $2.06 vs. $2.07 last year

Reports Q4 revenue $6.6B vs. $6.4B last year. Commenting on the Company’s financial results, CEO Phil Gallagher stated, “Our strong financial results in fiscal 2023 demonstrate the dedication and commitment of our employees in driving profitable growth. With the breadth of our supplier line card, our diversified customer base and the strength of the end markets they serve, we are well-positioned to capitalize on the industry growth expected over the next several years. Although we can’t control near-term market conditions, our team will continue to focus on executing well in the market.”