Avnet CEO Explains Earnings

Thursday, 26 Apr 2012 | 6:57 PM ET
Avnet CEO Explains Earnings
Avnet says its Q3 revenue drop was due to a double-digit decline in its European segments. Rick Hamada, Avnet CEO, weighs in.

Phoenix-based Avnet recently released its third-quarter earnings results.

The electronics maker said its revenues dropped, but that was due to a double-digit decline in its European segments. Cramer wanted to dig deeper the quarter, though. So he invited CEO Rick Hamada to appear on Thursday’s “Mad Money.”

Check out the video to see the full interview!

Call Cramer: 1-800-743-CNBC

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