Avnet: New Electronics Cycle Gaining Momentum - Record Revenue and Strong Profit Leverage
Reading Time: 3 minutes
Avnet distributes semiconductors and other electronic components and increased its quarterly revenue by 48% to a record value of 8.30 billion USD. Book-to-Bill rates above 1, rising delivery times, and a growing order backlog signal a broad recovery in the electronics cycle. For the first quarter of fiscal year 2027, Avnet expects approximately 10% sequential revenue growth, although little further price increases are assumed. Avnet (AVT) is one of the largest distributors of electronic components worldwide, serving over 450,000 customers...
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