Connection (CNXN) Reports Third Quarter 2024 Results
PC Connection, Inc. (CNXN)
Last pc connection, inc. earnings: 4/29 04:05 pm
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US:NASDAQ Investor Relations:
ir.connection.com/investor-relations
Company Research
Source: Business Wire
THIRD QUARTER SUMMARY:Net sales: $724.7 million, increase of 4.6% y/yGross profit: $135.4 million, increase of 2.7% y/yGross margin: 18.7%, decrease of 30 basis points y/yNet income: $27.1 million, increase of 5.7% y/yDiluted EPS: $1.02, compared to $0.97 y/y MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the third quarter ended September 30, 2024. The Company also announced that its Board of Directors declared a quarterly dividend of $0.10 per share of the Company’s common stock. Payment will be made on November 29, 2024, to shareholders of record on November 12, 2024.“Connection achieved record net income and earnings per share of $1.02 cents for the third quarter of 2024, in a challenging IT environment. Our focus on working capital and operational efficiencies enabled us to invest in AI readiness, technical
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CNXN
News
- PC Connection, Inc. (NASDAQ: CNXN) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- PC Connection's (NASDAQ:CNXN) 18% CAGR outpaced the company's earnings growth over the same three-year period [Yahoo! Finance]Yahoo! Finance
- PC Connection, Inc. (NASDAQ: CNXN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Connection Named to Newsweek’s List of World’s Most Trustworthy CompaniesBusiness Wire
- PC Connection's (NASDAQ:CNXN) Solid Earnings Have Been Accounted For Conservatively [Yahoo! Finance]Yahoo! Finance
CNXN
Earnings
- 10/30/24 - Miss
CNXN
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- CNXN's page on the SEC website