Component sales lifts Arrow to 'all-time record quarter' in Q2

The distributor saw both component and enterprise solutions sales rise in Europe, while the latter stagnated in the Americas

Kelsey Rees
clock • 2 min read
Component sales lifts Arrow to 'all-time record quarter' in Q2

Arrow Electronics has reported second quarter 2022 sales of $9.46bn (€9.24bn), up ten per cent year on year. The distributor's net income climbed 53 per cent to $370m (€361m) compared with $241m in Q2 of 2021. While changes in foreign currencies had negative impacts on growth of approximately $291m on sales and $0.17 on earnings per share on a diluted basis compared to the second quarter of 2021. "We've continued to build and deliver on our record performance for the past several qua...

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