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Electronic components distributor Arrow Electronics Inc. (NYSE: ARW), Centennial, CO, reported third-quarter sales of $7.49 billion, up 9 percent compared with the third quarter of 2017. Third-quarter net income was $177 million.
Global sales of electronic components and solutions increased to $5.38 billion for the quarter, up 11 percent compared to the year-ago period, with the largest increase coming from the Americas.
Global sales of computing solutions increased 6 percent to $2.11 billion, with the largest increase coming from the Americas as well.