AVT

Avnet Reports Third Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024

Avnet, Inc. (Nasdaq: AVT ) today announced results for its third quarter ended March 30, 2024.

Key Points: 
  • Avnet, Inc. (Nasdaq: AVT ) today announced results for its third quarter ended March 30, 2024.
  • “In the third quarter, we delivered results that were in line with our expectations, amidst economic softness and lower demand in the markets we serve.
  • I am proud of our team’s effort to deliver robust cash flow from operations as the benefits from our countercyclical balance sheet started to take effect this quarter,” said Avnet Chief Executive Officer Phil Gallagher.
  • Adjusted diluted earnings per share of $1.10, compared with $2.00 in the prior year quarter.

Panasas Signs Worldwide Manufacturing and Fulfillment Partnership with Avnet

Retrieved on: 
Thursday, April 18, 2024

Panasas , a leading data solutions provider for high-performance computing (HPC) and artificial intelligence (AI), and Avnet (Nasdaq: AVT ) today announced an agreement enabling Panasas to use Avnet Integrated, the global advanced systems integration arm of Avnet, as its primary manufacturing and fulfillment operations partner.

Key Points: 
  • Panasas , a leading data solutions provider for high-performance computing (HPC) and artificial intelligence (AI), and Avnet (Nasdaq: AVT ) today announced an agreement enabling Panasas to use Avnet Integrated, the global advanced systems integration arm of Avnet, as its primary manufacturing and fulfillment operations partner.
  • The partnership will enable Panasas to benefit from Avnet’s global supply chain and worldwide manufacturing footprint, strengthening Panasas’ competitive position and ability to support its growth across the global HPC and AI storage market.
  • “Avnet Integrated excels in optimizing IT product development, manufacturing at scale, and solutions deployment, globally.
  • Avnet Integrated will be the principal commercial manufacturing partner for Panasas worldwide.

Avnet to Report Third Quarter Fiscal Year 2024 Earnings on May 1

Retrieved on: 
Wednesday, April 17, 2024

Avnet (Nasdaq: AVT), a global technology solutions company, today announced it will report financial results for the third quarter fiscal year 2024 on May 1, 2024 before the market opens.

Key Points: 
  • Avnet (Nasdaq: AVT), a global technology solutions company, today announced it will report financial results for the third quarter fiscal year 2024 on May 1, 2024 before the market opens.
  • Following the earnings release, Avnet’s Chief Executive Officer Phil Gallagher and Chief Financial Officer Ken Jacobson will host a webcast and conference call at 9:00 a.m. PT / Noon ET to discuss the financial results and provide a corporate update.
  • The live and archived webcast along with slides can be accessed via Avnet’s Investor Relations web page at www.ir.avnet.com .
  • A replay of the conference call will be available for seven days, through May 8 at 5:00 p.m.

Saskatchewan recognized ASL and Indigenous sign languages as official languages — and resources are needed for services

Retrieved on: 
Tuesday, April 23, 2024

Saskatchewan recently became one of four Canadian provinces that recognize sign languages as official languages with the passing of the Accessible Saskatchewan Act or Bill 103 in December.

Key Points: 
  • Saskatchewan recently became one of four Canadian provinces that recognize sign languages as official languages with the passing of the Accessible Saskatchewan Act or Bill 103 in December.
  • The bill states, “Sign languages are recognized as the primary languages for communication by deaf persons in Saskatchewan,” including American Sign Language (ASL) and Indigenous sign languages.
  • Nationally, the Accessible Canada Act was passed in 2019 also recognizing ASL, Langue des signes du Québec and Indigenous sign languages in Canada.

Access to services, opportunities

  • A historic polarization between adherents of sign language and of auditory-verbal therapy (AVT) has hindered provision of educational services for DHH children.
  • Under the belief that sign language would hinder oral development, many DHH individuals were forbidden to learn sign language — an attitude which still lingers among some today.

Human Rights Commission findings

  • In a 2016 report, the Saskatchewan Human Rights Commission (SHRC) documented that some health professionals were telling parents to avoid sign language in favour of cochlear implants, lip reading and AVT to achieve spoken competence.
  • Adherents of sign languages argue in favour of giving children sign language instruction as early as possible.
  • The lack of language during critical periods of development, some argue, can lead to language deprivation syndrome, isolation and mental health issues.

Parents need full range of options

  • Regardless of good intentions on either side of the AVT versus ASL argument, the real need is to ensure DHH children can reach their developmental milestones.
  • In an interview, Robyn Holmes, president of the Saskatchewan Deaf Association, who is also an early childhood and family services specialist for Saskatchewan Deaf and Hard of Hearing Services, said that rather than an either-AVT-or-ASL approach, parents should have a full range of options and that “sign language as the ‘last’ option is not acceptable.” The SHRC also notes parents of DHH children should be provided with a full list of options.

Compounded systemic failings

  • In 2016, a case documented by the office of Saskatchewan’s Advocate for Children and Youth demonstrated how systemic failings in educational services are compounded for DHH Indigenous children and youth whose communities are drastically under-resourced.
  • The report details cascading failures at multiple levels including the lack of access to language, barriers to health services and other systemic, procedural and policy issues.

Resources for deaf learners


It remains to be seen how K-12 school divisions will respond to making public plans to accommodate deaf students in light of the Accessibility Act. Some resources for DHH learners in Saskatchewan are appearing. For example:
There is a provincial curriculum available to teach ASL and Deaf Culture for high school.
The Children, Communicating, Connecting in Community (CCCC) preschool was opened in 2018 in Saskatoon that offers full access to ASL and English. The preschool serves children who are deaf or hard of hearing and those who have connections to the Deaf community.
St. Philip, a Catholic School in Saskatoon, offers a bilingual/bicultural program for DHH students and Henry Janzen School in Regina offers educational services for DHH learners from pre-kindergarten to Grade 8.
People can take ASL classes and access DHH-related services at the Saskatchewan Deaf and Hard of Hearing Services (SDHHS).

Accessibility plans needed

  • Over the next two years, they must develop an accessibility plan that identifies, removes and prevents barriers.
  • The bill currently offers no guidelines for the kinds of services or level of accommodations that need to go into the accessibility plans.

Classroom considerations, technologies

  • Therefore, all teachers should have access to training in how to communicate with DHH students through both the ASL alphabet and basic conversational and classroom-related signs.
  • I have used FaceTime and the Video Relay Services (VRS) to communicate with deaf friends, colleagues and fellow learners.

Money, time and effort needed


Teacher training, as well as reviewing, selecting and preparing both digital and non-digital resources for classrooms and for school-DHH community communication will take money, time and effort. Educational institutions will require support and resources to ensure our publicly funded educational institutions can provide the appropriate services and learning technologies.
Marguerite Koole does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Esko, X-Rite, Pantone and Enfocus to co-exhibit at drupa 2024 showcasing new integrated technology ecosystem benefiting today's packaging supply chain

Retrieved on: 
Wednesday, March 27, 2024

GRAND RAPIDS, Minn., March 27, 2024 /PRNewswire-PRWeb/ -- Visitors to drupa 2024 will be the first to discover the benefits of combining the expertise and technology of Esko, X-Rite, Pantone, and Enfocus to deliver unparalleled value and operational efficiency to accelerate the go-to-market process for brands and their packaging supply chains. With live demonstrations on booth #A12 in hall 8B, attendees will experience the full suite of the companies' latest hardware and software innovations.

Key Points: 
  • Esko President, Joël Depernet, said, "We are taking our customers on a journey to the future of connected cloud-based operations.
  • We are delivering a next-generation solution that will see brands and their packaging supply chains achieve new levels of go-to-market speed and efficiency.
  • This is truly a new way of working and one which represents a quantum leap in connected integrated workflows."
  • To discover the latest from Esko, X-Rite, Pantone, and Enfocus at drupa 2024, please visit booth #A12, Hall 8B of the Messe Düsseldorf, from May 28 or click here: https://www.esko.com/en/events/drupa

DCS Corporation Announces Relocation of Lexington Park Office

Retrieved on: 
Thursday, March 14, 2024

ALEXANDRIA, Va., March 14, 2024 /PRNewswire/ -- DCS Corporation is pleased to announce its new location in Southern Maryland.

Key Points: 
  • ALEXANDRIA, Va., March 14, 2024 /PRNewswire/ -- DCS Corporation is pleased to announce its new location in Southern Maryland.
  • This move opens the latest chapter in the company's long history in Southern Maryland dating back to its founding in 1977.
  • "DCS is proud of our history in Southern Maryland," commented Jim Benbow, DCS CEO.
  • As a result of the office relocation, the new space features a 180-person conference room, breakout areas, secure labs, and a SCIF-ready space.

Avnet to Participate in the Raymond James Institutional Investors Conference on March 4

Retrieved on: 
Tuesday, February 20, 2024

Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced it will participate in the upcoming 45th Annual Raymond James Institutional Investors Conference on March 4, 2024.

Key Points: 
  • Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced it will participate in the upcoming 45th Annual Raymond James Institutional Investors Conference on March 4, 2024.
  • Avnet’s Chief Financial Officer Ken Jacobson and Vice President, Treasury & Investor Relations Joe Burke will participate in a fireside chat at 11:00 a.m.
  • ET.
  • The live and archived webcast of the presentation can be accessed via Avnet’s Investor Relations web page at https://ir.avnet.com .

Fizyr to Unveil Vision AI Partner Program and Certified Vision Packs at MODEX 2024

Retrieved on: 
Tuesday, March 5, 2024

ATLANTA and DELFT, NETHERLANDS, March 5, 2024 /PRNewswire-PRWeb/ -- Fizyr, providing the smartest and fastest vision AI for robotic systems, will unveil its new Partner Program and certified Vision Packs at the MODEX 2024 Supply Chain Expo in Atlanta, March 11-14 (Fizyr Booth C5388).

Key Points: 
  • ATLANTA and DELFT, NETHERLANDS, March 5, 2024 /PRNewswire-PRWeb/ -- Fizyr, providing the smartest and fastest vision AI for robotic systems, will unveil its new Partner Program and certified Vision Packs at the MODEX 2024 Supply Chain Expo in Atlanta, March 11-14 (Fizyr Booth C5388).
  • Our vision AI outperforms any other robotic vision solution, and now our new Vision Packs enable integrators to hit the ground running.
  • Fizyr certified Vision Packs include Fizyr's vision AI, preconfigured with components from a wide range of the industry's top manufacturers.
  • The company will officially launch its Partner Program at MODEX to introduce its vision AI and certified Vision Packs to more integrators and components manufacturers.

Avnet Declares Regular Quarterly Dividend

Retrieved on: 
Friday, February 16, 2024

Avnet, Inc. (Nasdaq: AVT ), a leading global technology solutions provider, today announced that on Feb. 15, 2024, its Board of Directors approved a regular quarterly cash dividend of $0.31 per share.

Key Points: 
  • Avnet, Inc. (Nasdaq: AVT ), a leading global technology solutions provider, today announced that on Feb. 15, 2024, its Board of Directors approved a regular quarterly cash dividend of $0.31 per share.
  • The dividend will be paid on March 20, 2024, to shareholders of record as of the close of business on March 6, 2024.

Avnet Reports Second Quarter 2024 Financial Results

Retrieved on: 
Wednesday, January 31, 2024

Avnet, Inc. (Nasdaq: AVT ) today announced results for its second quarter ended December 30, 2023.

Key Points: 
  • Avnet, Inc. (Nasdaq: AVT ) today announced results for its second quarter ended December 30, 2023.
  • Commenting on the Company’s financial results, Avnet Chief Executive Officer Phil Gallagher stated, “We are pleased with the second quarter results, which were in line with our expectations.
  • We remain encouraged about future opportunities for growth across our end markets.”
    Fiscal Second Quarter Key Financial Highlights:
    Sales of $6.2 billion, compared with $6.7 billion in the prior year quarter.
  • Adjusted diluted earnings per share of $1.40, compared with $2.00 in the prior year quarter.