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AVT / Avnet Antitrust Win Larger Than Expected

Avnet Antitrust Win Larger Than Expected
Avnet was awarded nearly $268 million in damages in a price-fixing lawsuit against Nippon Chemi-Con Corp and its subsidiary United Chemi-Con Inc. Avnet reached out-of-court settlements with defendants MATSUO and ELNA, potentially bringing the total gain from the lawsuit to over $350 million, including previous settlements. The market reacted positively to the news, but the exact net amounts gained may not be fully reflected in Avnet's stock price yet. Read More
Posted: May 30 2023, 05:00
Author Name: Seeking Alpha
Views: 081768

AVT News  

Avnet's (AVT) Q1 Earnings and Revenues Surpass Estimates

By Zacks Investment Research
November 2, 2023

Avnet's (AVT) Q1 Earnings and Revenues Surpass Estimates

Avnet's (AVT) top-line performance in the first quarter is affected by higher inventory levels for certain components. Increased interest expenses hur more_horizontal

Why Is Avnet (AVT) Down 0.5% Since Last Earnings Report?

By Zacks Investment Research
September 15, 2023

Why Is Avnet (AVT) Down 0.5% Since Last Earnings Report?

Avnet (AVT) reported earnings 30 days ago. What's next for the stock? more_horizontal

5 Broker-Friendly Stocks to Watch as Uncertainty Prevails

By Zacks Investment Research
September 13, 2023

5 Broker-Friendly Stocks to Watch as Uncertainty Prevails

We believe that stocks like CVR Energy (CVI), Delek US Holdings (DK), Bread Financial (BFH), Dish Network (DISH) and Avnet (AVT) should be on an inves more_horizontal

Avnet raises dividend by 7%

By Market Watch
August 29, 2023

Avnet raises dividend by 7%

Electronics distributor Avnet Inc. AVT, +1.19% said late Tuesday that its board has approved a 7% increase in the company's dividend to 31 cents a sha more_horizontal

5 Broker-Favored Stocks to Watch as Market Volatility Returns

By Zacks Investment Research
August 28, 2023

5 Broker-Favored Stocks to Watch as Market Volatility Returns

We believe that stocks like CVR Energy (CVI), Fluor (FLR), Delek US Holdings (DK), Bread Financial (BFH) and Avnet (AVT) should be on an investor's wa more_horizontal

Avnet (AVT) Gains 7% on Q4 Earnings Beat, Strong Q1 Guidance

By Zacks Investment Research
August 17, 2023

Avnet (AVT) Gains 7% on Q4 Earnings Beat, Strong Q1 Guidance

While better sales executions aid Avnet's (AVT) Q4 top line, higher interest expenses weigh on the bottom line. more_horizontal

Avnet set to rally on 4Q earnings beat

By Proactive Investors
August 17, 2023

Avnet set to rally on 4Q earnings beat

Avnet (NYSE:AVT) has reported fourth-quarter revenue and earnings that beat expectations, sending its shares higher in Thursday pre-market trade.  Th more_horizontal

Avnet, Inc. (AVT) Q4 2023 Earnings Call Transcript

By Seeking Alpha
August 16, 2023

Avnet, Inc. (AVT) Q4 2023 Earnings Call Transcript

Avnet, Inc. (NASDAQ:AVT ) Q4 2023 Earnings Call Transcript August 16, 2023 4:30 PM ET Company Participants Joe Burke - VP, Treasury and IR Phil Gallag more_horizontal


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