Arrow Electronics Reports Q4 EPS of $1.34

Arrow Electronics, Inc. ARW today reported fourth-quarter 2010 net income of $157.9 million ($1.37 and $1.34 per share on a basic and diluted basis, respectively) on sales of $5.24 billion, compared with net income of $63.1 million ($.53 and $.52 per share on a basic and diluted basis, respectively) on sales of $4.20 billion in the fourth quarter of 2009. Cash flow from operations for the quarter ended December 31, 2010 was $462 million.