April 25- Electronic products distributor Avnet Inc reported a 42 percent drop in quarterly profit, hurt by higher expenses. Net income fell to $86.2 million, or 62 cents per share, in the third quarter from $147.6 million, or $1.00 per share, a year earlier. Revenue rose 0.3 percent to $6.29 billion.
April 25- Electronic products distributor Avnet Inc reported a 42 percent drop in quarterly profit, hurt by higher expenses. Net income fell to $86.2 million, or 62 cents per share, in the third quarter from $147.6 million, or $1.00 per share, a year earlier. Revenue rose 0.3 percent to $6.29 million.
Jan 24- Electronic products distributor Avnet Inc forecast current-quarter results above analysts' estimates after reporting a better-than-expected second quarter, sending its shares up 9 percent in premarket trading.