Avnet Reports Fourth Quarter and Fiscal 2020 Financial Results

Guidance Reconciliation

The following table presents the reconciliation of non-GAAP adjusted diluted earnings per share guidance to the expected GAAP diluted earnings (loss) per share guidance for the first quarter of fiscal 2021.

 

 

 

 

 

 

 

 

 

Low End of

 

High End of

 

 

Guidance Range

 

Guidance Range

 

 

 

 

 

 

 

Adjusted diluted earnings per share guidance

 

$

-

 

 

$

0.16

 

Restructuring, integration and other expense (net of tax)

 

 

(0.24

)

 

 

(0.11

)

Amortization of intangibles and other (net of tax)

 

 

(0.10

)

 

 

(0.07

)

Income tax expense adjustments

 

 

(0.05

)

 

 

0.05

 

GAAP diluted (loss) earnings per share guidance

 

$

(0.39

)

 

$

0.03

 

 



Contact:

Investor Relations Contacts

Joe Burke, 480-643-7431
Joseph.Burke@avnet.com

Kensey Biggs, 480-643-7053
kcb@abmac.com

Media Relations Contact

Jeanne Forbis, 480-643-7499
jeanne.forbis@avnet.com



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