Technology
Electronic Components
$84.51B
95K
Key insights and themes extracted from this filing
Net sales reached $4,038.8 million, up 26% compared to the same quarter last year, with 15% organic growth and contributions from acquisitions. This indicates strong demand and successful integration of acquired businesses.
Operating income grew to $819.5 million, a 24.8% increase year-over-year, but operating margin decreased slightly from 20.6% to 20.3%. This suggests that while the company is growing, profitability is slightly impacted by increased expenses.
Diluted EPS reached $0.48, up 17.1% compared to the same quarter last year, but this was impacted by $0.04 per share in acquisition-related expenses. This indicates that while core earnings are strong, acquisitions have a short-term impact on profitability.