From RTTNews:

Avnet, Inc. reported a decline in second quarter net income to $117.93 million from $243.89 million, with earnings per share at $1.28, compared to $2.63. Adjusted earnings per share was $1.40, compared with $2.00. Sales were $6.2 billion, down from $6.7 billion last year. Third-quarter EPS is expected to be $1.05 – $1.15, with sales of $5.55 billion – $5.85 billion. Analysts predicted a profit per share of $1.40 for the quarter, with estimated revenue of $6.16 billion. For more detailed earnings news, visit rttnews.com.



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