Arrow electronics reports second-quarter 2023 results

Centennial, colo.--(business wire)--arrow electronics, inc. (nyse:arw) today reported second-quarter 2023 sales of $8.51 billion, a decrease of 10 percent year over year. second-quarter net income was $237 million, or $4.12 per share on a diluted basis, compared with net income of $370 million, or $5.54 per share on a diluted basis, in the second quarter of 2022. non-gaap net income1 was $251 million, or $4.37 per share on a diluted basis, in the second quarter of 2023, compared with non-gaap n.
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