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Avnet, Inc. - AVT STOCK NEWS

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 leader in electronic components distribution, dedicated to advancing technological innovation. With a presence in 125 countries and a team of 15,000 professionals, Avnet bridges the gap between suppliers and customers in the electronics industry. The company supports all phases of the technology lifecycle, from initial design to final production.

Avnet caters to startups and established manufacturers alike, providing crucial resources such as design tools, test kits, and supply chain services. As the third-largest semiconductor distributor globally, Avnet serves over 2.1 million small- and mid-sized businesses in 140 countries. The company's European distribution network is particularly noteworthy, being the largest in the region.

Recent achievements include innovative partnerships and cutting-edge projects aimed at accelerating technological advancements. Avnet’s engineers and support teams are at the forefront of these developments, enhancing the company’s role as a pivotal player in the tech industry.

With a strong financial foundation and a culture rooted in emerging technology, Avnet continues to guide ideas into tomorrow's technology. Whether you're an innovator at the start of your journey or a manufacturer ready to scale, Avnet provides the tools and expertise needed to succeed.

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Avnet to report Q1 fiscal year 2024 financial results on November 1, 2023
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Avnet, Inc. (Nasdaq: AVT) approves a 7% increase in quarterly cash dividend to $0.31 per share.
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Avnet to participate in Citi 2023 Global Technology Conference on Sept. 6, 2023
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Avnet reports fiscal year 2023 sales of $26.5 billion and record diluted EPS of $8.26. Fourth quarter sales of $6.6 billion exceeded guidance. Electronic components fourth quarter operating income margin of 5.1%.
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Avnet (AVT) Launches Second Release of IoTConnect on AWS, Accelerating IoT Device Development for OEMs
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A pulse survey by Avnet, a leading technology distributor, found that 78% of respondents who view sustainable product design as an opportunity have made progress in implementing it into their business strategy. The survey revealed that visibility around availability and lead times, as well as component end-of-life management, are important to respondents. Tactics being implemented include designing for longevity, low-power design, leveraging connectivity, software that prolongs product efficiency or life cycle, designing for recycling or reuse, avoiding non-renewable resources, edge computing, and artificial intelligence. Customer demand is the most effective driver behind the use of sustainable design tactics. The survey was conducted among 149 global respondents.
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Avnet (AVT) to report Q4 and FY 2023 financial results on August 16 after market close. CEO and CFO to host webcast and conference call at 1:30 p.m. PT / 4:30 p.m. ET. Annual Meeting of Shareholders scheduled for November 16, 2023. Earnings call details and webcast access provided.
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Avnet, Inc. (Nasdaq: AVT) has announced a regular quarterly cash dividend of $0.29 per share. The dividend will be paid on June 21, 2023, to shareholders of record as of June 7, 2023.
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FAQ

What is the current stock price of Avnet (AVT)?

The current stock price of Avnet (AVT) is $51.41 as of January 30, 2025.

What is the market cap of Avnet (AVT)?

The market cap of Avnet (AVT) is approximately 4.5B.

What does Avnet, Inc. do?

Avnet, Inc. is a global distributor of electronic components, connecting suppliers with small- and mid-sized customers worldwide.

Where is Avnet, Inc. headquartered?

Avnet, Inc. is headquartered in Phoenix, Arizona, USA.

How many countries does Avnet, Inc. operate in?

Avnet, Inc. operates in 125 countries across North America, Europe, and Asia.

Who are Avnet’s primary customers?

Avnet’s primary customers include startups, contract manufacturers, and OEMs in need of electronic components and design tools.

What is Avnet’s position in the semiconductor distribution market?

Avnet is the third-largest semiconductor distributor globally and the largest in European chip distribution.

What services does Avnet offer?

Avnet offers design tools, test kits, supply chain services, and support throughout all stages of the technology product lifecycle.

How does Avnet support innovation?

Avnet supports innovation by providing resources and expertise to technology dreamers and startups, helping them bring their ideas to life.

How many employees does Avnet have?

Avnet employs approximately 15,000 people globally.

What recent achievements has Avnet made?

Recent achievements include forming strategic partnerships and launching innovative projects to drive technological advancements.

Where can I learn more about Avnet’s services?

You can explore more about Avnet’s services by visiting their website at www.avnet.com.
Avnet, Inc.

Nasdaq:AVT

AVT Rankings

AVT Stock Data

4.47B
86.17M
0.87%
105.72%
5.56%
Electronics & Computer Distribution
Wholesale-electronic Parts & Equipment, Nec
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United States of America
PHOENIX