Profit and Revenue Up for Avnet | Channel Insider
News and Trends
SHARE
Facebook X Pinterest WhatsApp

Profit and Revenue Up for Avnet

NEW YORK, Jan 24 (Reuters)—Electronics distributor Avnet Inc said on Thursday quarterly profit rose, helped by its recent acquisitions and healthier sales in the Americas. Net income for the fiscal second quarter rose to $142.2 million, or 93 cents per share, from $99.1 million, or 67 cents per share a year earlier. Excluding items, it […]

Written By
Channel Insider Staff
Channel Insider Staff
Jan 24, 2008
1 minute read
Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

NEW YORK, Jan 24 (Reuters)—Electronics distributor Avnet Inc said on Thursday quarterly profit rose, helped by its recent acquisitions and healthier sales in the Americas.

Net income for the fiscal second quarter rose to $142.2 million, or 93 cents per share, from $99.1 million, or 67 cents per share a year earlier.

Excluding items, it earned 89 cents per share.

Revenue climbed 22 percent to $4.75 billion.

(Reporting by Paul Thomasch, editing by Dave Zimmerman)

Copyright Reuters 2008. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks or trademarks of the Reuters group of companies around the world.

 

Channel Insider Staff

Recommended for you...

Guardz Warns MSPs of Cloud Ransomware and BEC Risks
Security
Guardz Warns MSPs of Cloud Ransomware and BEC Risks
Aminu Abdullahi
Apr 28, 2026
LogicMonitor Adds AI-Driven Remediation to IT Platform
Helpdesk, ITSM & Other Tools
LogicMonitor Adds AI-Driven Remediation to IT Platform
Aminu Abdullahi
Apr 28, 2026
Moovila CEO: MSPs Must Focus on ROI, Risk, and Reality in AI Adoption
News and Trends
Moovila CEO: MSPs Must Focus on ROI, Risk, and Reality in AI Adoption
Jordan Smith
Apr 27, 2026
Scale Computing Execs on Unified Edge, Partner-First Strategy
Infrastructure
Scale Computing Execs on Unified Edge, Partner-First Strategy
Jordan Smith
Apr 23, 2026
Channel Insider Logo

Channel Insider combines news and technology recommendations to keep channel partners, value-added resellers, IT solution providers, MSPs, and SaaS providers informed on the changing IT landscape. These resources provide product comparisons, in-depth analysis of vendors, and interviews with subject matter experts to provide vendors with critical information for their operations.

facebook
linkedin
youtube
rss
spotify
x

Company

About us Contact us Advertise with us

Categories

Channel Business Security AI Infrastructure Lists & Awards Resources

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

Terms of Service Privacy Policy California - Do Not Sell My Information