08:40 AM EDT, 10/29/2025 (MT Newswires) -- Avnet (AVT) reported fiscal Q1 adjusted earnings Wednesday of $0.84 per diluted share, down from $0.92 a year earlier.

Five analysts surveyed by FactSet expected $0.82.

Revenue for the quarter ended Sept. 27 was $5.90 billion, up from $5.60 billion a year earlier.

Five analysts surveyed by FactSet expected $5.75 billion.

The company said it expects fiscal Q2 adjusted EPS of $0.90 to $1.00, and revenue of $5.85 billion to $6.15 billion. Five analysts polled by FactSet expect adjusted EPS of $0.99 and revenue of $5.85 billion.

Shares of Avnet were down 1.5% in recent Wednesday premarket activity.