Avnet, Inc. reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was USD 6,335.65 million compared to USD 6,750.13 million a year ago. Net income was USD 209.27 million compared to USD 184.26 million a year ago.

Basic earnings per share from continuing operations was USD 2.29 compared to USD 1.96 a year ago. Diluted earnings per share from continuing operations was USD 2.25 compared to USD 1.93 a year ago.