Arrow electronics reports first-quarter 2021 results

Centennial, colo.--(business wire)--arrow electronics, inc. (nyse:arw) today reported first-quarter 2021 sales of $8.39 billion, an increase of 31 percent from sales of $6.38 billion in the first quarter of 2020. first-quarter net income was $206 million, or $2.72 per share on a diluted basis, compared with a net income of $50 million, or $0.61 per share on a diluted basis, in the first quarter of 2020. non-gaap net income1 was $216 million, or $2.84 per share on a diluted basis, in the first q
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