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I'm glad to help you with your inquiry about the public company Arrow Electronics, which trades on the NASDAQ stock exchange under the symbol ARW (not arrow-clockwise as you mentioned). Arrow Electronics is a global provider of electronics and electronic components, and services to industrial and commercial users of electronic components and enterprise computing solutions.
In terms of financial performance, Arrow Electronics has reported consistent revenue and net income growth over the past several years. In its most recent fiscal year ended January 2, 2021, the company reported revenue of $29.7 billion, representing an increase of 2.5% from the previous year. Net income for the year was $553.3 million, up from $514.3 million in the previous year.
Additionally, Arrow Electronics has a strong history of returning value to shareholders through share buybacks and dividends. In the past twelve months, the company has repurchased $277.6 million of its common stock and paid out $144.9 million in dividends to shareholders.
It's important to note that, like all public companies, Arrow Electronics is subject to various risks and uncertainties that could impact its financial performance, including changes in economic and market conditions, supply chain disruptions, and changes in technology and customer demand.
In summary, Arrow Electronics is a well-established and financially stable company in the electronics and enterprise computing solutions industry, with a track record of revenue and net income growth, and a commitment to returning value to shareholders. As with any investment, it's important to carefully consider the potential risks and uncertainties before making an investment decision.
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