Arrow sees Q3 consolidated sales of $9.60 bln to $10.20 bln
Company expects Q3 diluted EPS of $4.72 to $4.92, non-GAAP EPS of $4.83 to $5.03
Arrow expects Q3 sales to be reduced by $27 mln due to foreign currency changes
Overview
Technology distributor's Q2 revenue rose 32% yr/yr, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company repurchased $43 mln of shares in Q2
Result Drivers
Global components growth - Global Components sales rose 39% yr/yr, with strong growth in Americas, EMEA, and Asia-Pacific regions
Healthy demand and backlog - Co said demand was strong across regions, end markets and customer segments, with book-to-bill ratios well above parity and a growing backlog
Foreign currency tailwind - Changes in foreign currencies boosted Q2 sales by $93.5 mln and EPS by $0.09 compared with Q2 2025