Arrow Electronics Inc (NYSE:ARW)

$ 125.79 -4.27 (-3.28%) Market Cap: 6.70 Bil Enterprise Value: 10.26 Bil PE Ratio: 9.89 PB Ratio: 1.17 GF Score: 87/100

Arrow Electronics Inc - Business Update Transcript

Jul 15, 2019 / 09:00PM GMT

Release Date Price: $68.9 (-0.07%)

Transcript 8-K

Operator

Good afternoon. My name is Chris, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Arrow Electronics business update. (Operator Instructions) Thank you. Steve O'Brien, you may begin the conference.

Steven J O;Brien

Arrow Electronics, Inc. - VP of IR

' -

Thanks, Chris. Good afternoon, and thank you for joining us on short notice to discuss our preliminary second quarter financial results, our operating expense reduction program and the planned wind down of the personal computer and mobile asset disposition business. With us on the call today are Mike Long, Chairman, President and Chief Executive Officer; and Chris Stansbury, Senior Vice President and Chief Financial Officer.

As a reminder, some of the figures discussed on today's call are non-GAAP. You can access our business update press release and the 8-K filing at investor.arrow.com along with the webcast of this call. We will begin with a few minutes of prepared remarks, which will then be followed by a question-and-answer period.

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