Arrow Electronics, Inc (NYSE:ARW) Q3 2023 Earnings Call Transcript November 2, 2023 1:00 PM ET

Company Participants

Anthony Bencivenga - Vice President, Investor Relations

Sean Kerins - President and Chief Executive Officer

Raj Agrawal - Chief Financial Officer

Conference Call Participants

Matt Sheerin - Stifel

Joe Quatrochi - Wells Fargo

Ruplu Bhattacharya - Bank of America

Toshiya Hari - Goldman Sachs

Operator

Good day, and welcome to the Arrow Electronics Third Quarter 2023 Earnings Call. Today's conference is being recorded. And at this time, I would like to turn the conference over to Anthony Bencivenga, Vice President of Investor Relations. Please go ahead.

Anthony Bencivenga

Thank you, operator. I'd like to welcome everyone to the Arrow Electronics Third Quarter 2023 Earnings Conference Call. Joining me on the call today is our President and Chief Executive Sean Kerins; and our Chief Financial Officer, Raj Agrawal. During this call, we'll make forward-looking statements including statements about our business outlook, strategies, and 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 described in our most recent 10-K and 10-Q filings with the SEC. We undertake no obligation to update or publicly revise any of the forward-looking statements as a result of new information or future events. As a reminder, some of the figures we will discuss on today's call are non-GAAP measures, which are not intended to be a substitute for our GAAP results.

We've reconciled these non-GAAP measures to the most directly comparable GAAP financial measures in this quarter's associated earnings release or Form 10-Q, 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. We've also posted a slide presentation to accompany our prepared remarks and encourage you to reference these slides during this webcast. Following our prepared remarks today, we'll be available to take your questions.

I'll now hand the call over to our President and CEO, Sean Kerins.

Sean Kerins

Thanks, Anthony, and thank you all for joining us and for your interest in Arrow Electronics. Today, I'd like to discuss our Q3 performance provide some color regarding the market overall, and then close with a couple of thoughts as we look to the future. I'll then turn things over to Raj for more detail on our financials as well as our outlook for the fourth quarter.