Avnet Inc Q2 2021 Earnings Call Summary - Thomson StreetEvents

Avnet Inc Q2 2021 Earnings Call Summary

Avnet Inc Q2 2021 Earnings Call Summary - Thomson StreetEvents
Avnet Inc Q2 2021 Earnings Call Summary
Published Jan 27, 2021
19 pages (10431 words) — Published Jan 27, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of AVT.N earnings conference call or presentation 27-Jan-21 9:30pm GMT

  
Brief Excerpt:

...A. 2Q21 revenues = $4.7b. B. 2Q21 adjusted EPS = $0.48. C. 2Q21 YoverY revenue growth (excluding TI revenues from prior quarters and adjusted to reflect constant currency and additional week of sales in 1Q2) = 9.3%. D. 2Q21 QoverQ revenue growth (excluding TI revenues from prior quarters and adjusted to reflect constant currency and additional week of sales in 1Q2) = 9.7%. E. 2Q21 GM = 11%. F. 2Q21-end cash and equivalents = $376m....

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Avnet Inc
Ticker
AVT.N
Time
9:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Nikolay Todorov - Longbow Research LLC - Analyst : I wanted to double click on the comment of replacing TI's revenue in Asia. Just to confirm, this is sales. Does that mean that you guys have replaced essentially more from a gross margin perspective what you were getting from TI in Asia? And maybe if you can give us a split how much of that is new program wins? And lastly, on that point, maybe how is progress on doing the same thing in EMEA and North America?

Question: Nikolay Todorov - Longbow Research LLC - Analyst : Just the...

Question: Nikolay Todorov - Longbow Research LLC - Analyst : Okay. Great. If I can follow up with one more. Maybe, Phil, can you -- I understand that there's pockets of where lead times are structuring and maybe out of pockets that are not. But maybe if you can compare and contrast the lead times relative to the prior cycle and maybe to the peak of the prior cycle. And if lead times are stretching, what do you think is customers' ability to build inventory? Because it seems like we're hearing more of the fact that they cannot get product rather than build inventory on their shelves.

Table Of Contents

Avnet Inc Q3 2021 Earnings Call Summary – 2021-04-28 – US$ 54.00 – Edited Brief of AVT.N earnings conference call or presentation 28-Apr-21 8:30pm GMT

Avnet Inc Q3 2021 Earnings Call Transcript – 2021-04-28 – US$ 54.00 – Edited Transcript of AVT.N earnings conference call or presentation 28-Apr-21 8:30pm GMT

Avnet Inc at Raymond James Institutional Investors Conference (Virtual) Transcript – 2021-03-01 – US$ 54.00 – Edited Transcript of AVT.N presentation 1-Mar-21 3:00pm GMT

Avnet Inc at Goldman Sachs Technology and Internet Conference (Virtual) Transcript – 2021-02-11 – US$ 54.00 – Edited Transcript of AVT.N presentation 11-Feb-21 2:40pm GMT

Avnet Inc Q2 2021 Earnings Call Transcript – 2021-01-27 – US$ 54.00 – Edited Transcript of AVT.N earnings conference call or presentation 27-Jan-21 9:30pm GMT

Avnet Inc at Citi Global TMT West Virtual Conference (Virtual) Transcript – 2021-01-05 – US$ 54.00 – Edited Transcript of AVT.N presentation 5-Jan-21 8:00pm GMT

Avnet Inc at Raymond James Technology Investors Conference (Virtual) Transcript – 2020-12-07 – US$ 54.00 – Edited Transcript of AVT.N presentation 7-Dec-20 9:10pm GMT

Avnet Inc at Wells Fargo TMT Conference (Virtual) Transcript – 2020-12-01 – US$ 54.00 – Edited Transcript of AVT.N presentation 1-Dec-20 5:40pm GMT

Avnet Inc Annual Shareholders Meeting Transcript – 2020-11-17 – US$ 54.00 – Edited Transcript of AVT.N shareholder or annual meeting 17-Nov-20 4:00pm GMT

Avnet Inc Q1 2021 Earnings Call Summary – 2020-10-28 – US$ 54.00 – Edited Brief of AVT.N earnings conference call or presentation 28-Oct-20 8:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Avnet Inc Q2 2021 Earnings Call Summary" Jan 27, 2021. Alacra Store. May 15, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Avnet-Inc-Earnings-Call-B13589369>
  
APA:
Thomson StreetEvents. (2021). Avnet Inc Q2 2021 Earnings Call Summary Jan 27, 2021. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Avnet-Inc-Earnings-Call-B13589369>
  
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