Arrow Electronics, Inc. (NYSE:ARW) Q3 2022 Earnings Conference Call November 3, 2022 1:00 PM ET

Company Participants

Richard Seidlitz - VP Corporate Controller and Chief Accounting Officer

Sean Kerins - President and CEO

Rajesh Agrawal - SVP and CFO

Conference Call Participants

Matt Sheerin - Stifel

Melissa Fairbanks - Raymond James & Associates

Ruplu Bhattacharya - Bank of America

Jim Suva - Citigroup

Operator

Good day, and welcome to Arrow Electronics Third Quarter 2022 Earnings Conference Call. Please note, today's conference is being recorded. [Operator Instructions] Thank you.

At this time, I would like to turn the conference over to Rick Seidlitz. Mr. Seidlitz, you may begin your conference.

Richard Seidlitz

Thank you. Good day, and welcome to the Arrow Electronics' Third Quarter 2022 Earnings Conference Call. With us on the call today are Sean Kerins, President and Chief Executive Officer; and Raj Agrawal, Senior Vice President and Chief Financial Officer.

During this call, we'll make forward-looking statements, including statements about our business outlook, strategies, future financial results, which are based on our predictions and expectations as of today. Our actual results could differ materially due to a number of risks and uncertainties, including the risk factors in our most recent 10-K and 10-Q filings with the SEC. We undertake no obligation to update publicly or revise any of the forward-looking statements.

As a reminder, some of the figures we will discuss on today's call are non-GAAP. We have reconciled those to the most directly comparable GAAP financial measures in our earnings release. These non-GAAP measures are not intended to be a substitute for our GAAP results. You can access our earnings release at investor.arrow.com, along with the CFO commentary, the non-GAAP earnings reconciliation and a replay of this call. Following our prepared remarks today, we will be available to take your questions.

I will now hand the call to our President and CEO, Sean Kerins.

Sean Kerins

Thanks, Rick, and thanks to all of you for joining us today. Before I discuss our most recent results, I'd like to share some thoughts about my first full quarter as the CEO of Arrow Electronics. You know, I spent much of this time meeting with suppliers and customers who continue to validate the essential role we play in their success. I've also had the chance to engage our leadership team to review our strategic priorities, explore opportunities for accelerated growth and begin the process of refining our road map for the years to come. I look forward to sharing more about this with you over the coming quarters.