CNXN - Earnings announcements

FIRST QUARTER SUMMARY: Net sales: $721.9 million, up 3.0% y/y Gross billings: $1.0 billion, up 4.3%1 Gross profit: $132.7 million, up 4.3% y/y Gross margin: 18.4%, up 20 basis points y/y Net income: $17.2 million, up 27.8% y/y Diluted EPS: $0.68, compared to $0.51 y/y Adjusted Diluted EPS: $0.77, compared to $0.602 Connection ((PC Connection, Inc., NASDAQ:CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the first quarter ended March 31, 2026. The Company also announced that its Board of Directors declared a quarterly dividend of $0.20 per share of the Company's common sto

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its first quarter 2026 operating results after close of market on Wednesday, April 29, 2026. At 4:30 p.m. EDT on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.

FOURTH QUARTER SUMMARY: Net sales: $702.9 million, down 0.8% y/y Gross billings: $1.1 billion, up 2.9%1 Gross profit: $135.6 million, up 4.5% y/y Gross margin: 19.3%, up 100 basis points y/y Net income: $20.7 million, flat y/y Diluted EPS: $0.82, compared to $0.78 y/y Adjusted Diluted EPS: $0.91, compared to $0.782 FULL YEAR SUMMARY: Net sales: $2.9 billion, up 2.5% y/y Gross billings: $4.1 billion, up 2.7%1 Gross profit: $539.3 million, up 3.8% y/y Gross margin: 18.8%, up 20 basis points y/y Net income: $83.7 million, down 3.9% y/y Diluted EPS: $3.27, compared to $3.29 y/y Adjusted Diluted EPS: $3.44, compared to $3.252 Connection ((PC Connec

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its fourth quarter and full-year 2025 operating results after close of market on Wednesday, February 4, 2026. At 4:30 p.m. EST on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our websi

THIRD QUARTER SUMMARY: Net sales: $709.1 million, down 2.2% y/y Gross profit: $138.6 million, up 2.4% y/y Gross margin: 19.6%, up 90 basis points y/y Net income: $24.7 million, down 8.6% y/y Diluted EPS: $0.97, compared to $1.02 y/y 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, 2025. The Company also announced that its Board of Directors declared a quarterly dividend of $0.15 per share of the Company's common stock. Payment will be made on November 28, 2025, to shareholders of record on November 1

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its third quarter 2025 operating results after close of market on Wednesday, October 29, 2025. At 4:30 p.m. EDT on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://i

SECOND QUARTER SUMMARY: Net sales: $759.7 million, up 3.2% y/y Gross profit: $137.8 million, up 0.9% y/y Gross margin: 18.1%, down 40 basis points y/y Net income: $24.8 million, down 5.2% y/y Diluted EPS: $0.97, compared to $0.99 y/y Connection ((PC Connection, Inc., NASDAQ:CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the second quarter ended June 30, 2025. The Company also announced that its Board of Directors declared a quarterly dividend of $0.15 per share of the Company's common stock. Payment will be made on August 29, 2025, to shareholders of record on August 12, 2025

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its second quarter 2025 operating results after close of market on Wednesday, July 30, 2025. At 4:30 p.m. EDT on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.

Announces a $50 Million Increase to the Share Repurchase Program FIRST QUARTER SUMMARY: Net sales: $701.0 million, increase of 10.9% y/y Gross profit: $127.3 million, up 7.8% y/y Gross margin: 18.2%, down 50 basis points y/y Net income: $13.5 million, increase of 2.5% y/y Diluted EPS: $0.51, compared to $0.50 Adjusted Diluted EPS: $0.60, compared to $0.501 Connection ((PC Connection, Inc., NASDAQ:CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the first quarter ended March 31, 2025. The Company also announced that its Board of Directors declared a quarterly dividend of $0.15 per

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its first quarter 2025 operating results after close of market on Wednesday, April 30, 2025. At 4:30 p.m. EDT on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.c

FOURTH QUARTER SUMMARY: Net sales: $708.9 million, up 1.8% y/y Gross profit: $129.8 million, flat y/y Gross margin: 18.3%, down 30 basis points y/y Net income: $20.7 million, down 12.9% y/y Diluted EPS: $0.78, compared to $0.90 y/y FULL YEAR SUMMARY: Net sales: $2.8 billion, down 1.7% y/y Gross profit: $519.8 million, up 1.6% y/y Gross margin: 18.6%, up 60 basis points y/y Net income: $87.1 million, up 4.6% y/y Diluted EPS: $3.29, compared to $3.15 y/y Connection ((PC Connection, Inc., NASDAQ:CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the fourth quarter

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its fourth quarter and full-year 2024 operating results after close of market on Wednesday, February 5, 2025. At 4:30 p.m. EST on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our websi

THIRD QUARTER SUMMARY: Net sales: $724.7 million, increase of 4.6% y/y Gross profit: $135.4 million, increase of 2.7% y/y Gross margin: 18.7%, decrease of 30 basis points y/y Net income: $27.1 million, increase of 5.7% y/y Diluted EPS: $1.02, compared to $0.97 y/y 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 shareholde

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its third quarter 2024 operating results after close of market on Wednesday, October 30, 2024. At 4:30 p.m. EDT on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir

Record Quarter for Net Income and Earnings per Share SECOND QUARTER SUMMARY: Net sales: $736.5 million, increase of 0.4% y/y Gross profit: $136.5 million, up 6.9% y/y Gross margin: 18.5%, up 112 basis points y/y Net income: $26.2 million, increase of 32.8% y/y Diluted EPS: $0.99, compared to $0.75 Connection ((PC Connection, Inc., NASDAQ:CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the second quarter June 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

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its second quarter 2024 operating results after close of market on Wednesday, July 31, 2024. At 4:30 p.m. EDT on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.

FIRST QUARTER SUMMARY: Net sales: $632.0 million, decrease of 13.1% y/y Gross profit: $118.1 million, down 3.5% y/y Gross margin: 18.7%, up 187 basis points y/y Net income: $13.2 million, decrease of 7.4% y/y Diluted EPS: $0.50, compared to $0.54 Connection ((PC Connection, Inc., NASDAQ:CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the first quarter March 31, 2024. The Company also announced its Board of Directors declared a quarterly dividend of $0.10 per share on the company's common stock, payable on May 29, 2024, to shareholders of record as of May 14, 2024. The Board of

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its first quarter 2024 operating results after close of market on Wednesday, May 1, 2024. At 4:30 p.m. EDT on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.con

Connection ((PC Connection, Inc., NASDAQ:CNXN): FOURTH QUARTER SUMMARY: FULL YEAR SUMMARY:   Net sales: $696.5 million, down 4.9% y/y Gross profit: $129.8 million, up 4.4% y/y Net income: $23.8 million, up 26.3% y/y Diluted EPS: $0.90, up 26.3% y/y   Net sales: $2.9 billion, down 8.8% y/y Gross profit: $511.7 million, down 2.7% y/y Net income: $83.3 million, down 6.7% y/y Diluted EPS: $3.15, down 6.6% y/y   Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the fourth quarter and year ended Decem

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its fourth quarter and full-year 2023 operating results after close of market on Wednesday, February 14, 2024. At 4:30 p.m. EST on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our webs

Record Quarter for Net Income and Earnings per Share THIRD QUARTER SUMMARY: Net sales: $693.1 million, down 10.6% y/y Gross profit: $131.9 million, down 3.5% y/y Net income: $25.6 million, up 10.3% y/y Diluted EPS: $0.97, up 10.4% y/y 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, 2023, and that its board of directors has declared a quarterly dividend of $0.08 per share on the company's common stock, which will be payable on December 1, 2023, to shareholders of record as of November 14, 2023. "We

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its third quarter 2023 operating results after close of market on Wednesday, November 1, 2023. At 4:30 p.m. EST on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://i

Record Second Quarter Margin Performance; Industry Demand Remains Challenged SECOND QUARTER SUMMARY: Net sales: $733.5 million, down 11.5% y/y Gross profit: $127.8 million, down 6.7% y/y Net income: $19.7 million, down 22.4% y/y Diluted EPS: $0.75, down 22.3% y/y Adjusted EPS: $0.80, down 17.2% y/y1 Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the second quarter ended June 30, 2023. The company also announced that its board of directors has declared a quarterly dividend of $0.08 per share on the company's common stock, which will b

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its second quarter 2023 operating results after close of market on Wednesday, August 2, 2023. At 4:30 p.m. ET on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.

Connection ((PC Connection, Inc., NASDAQ:CNXN):   FIRST QUARTER SUMMARY: Net sales: $727.5 million, down 7.7% y/y Gross profit: $122.3 million, down 4.7% y/y Net income: $14.2 million, down 34.8% y/y Diluted EPS: $0.54, down 34.9% y/y Adjusted EPS: $0.56, down 31.9% y/y Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the first quarter ended March 31, 2023. The company also announced that its board of directors has declared a quarterly dividend of $0.08 per share on the company's common stock, which will be payable on

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and education markets, will release its first quarter 2023 operating results after close of market on Thursday, May 4, 2023. At 4:30 p.m. EDT on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.con

Connection ((PC Connection, Inc., NASDAQ:CNXN):   FOURTH QUARTER SUMMARY:   FULL YEAR SUMMARY:   Net sales: $732.5 million, down 8.5% y/y Gross profit: $124.3 million, down 2.1% y/y Net income: $18.8 million, down 15.9% y/y Diluted EPS: $0.71, down 16.2% y/y   Net sales: $3.1 billion, up 8.0% y/y Gross profit: $526.2 million, up 13.3% y/y Net income: $89.2 million, up 27.6% y/y Diluted EPS: $3.37, up 27.2% y/y   Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the fourth quarter and year ended December 31, 2022

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its fourth quarter and full-year 2022 operating results after close of market on Thursday, February 9, 2023. At 4:30 p.m. ET on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website

Gross Profit Grows 13.2%  THIRD QUARTER HIGHLIGHTS: Net sales: $775.7 million, up 3.2% y/y Gross profit: $136.6 million, up 13.2% y/y Net income: $23.2 million, up 15.8% y/y Diluted EPS: $0.88, up 15.4% y/y 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, 2022. "We continued to execute well against our strategic objectives and delivered another strong quarter. We saw a shift in product mix as our customers prioritized datacenter modernization, cloud solutions, security, and software, over end-point devices

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its third quarter 2022 operating results after close of market on Thursday, November 3, 2022. At 4:30 p.m. ET on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.c

Best Quarter in Company History SECOND QUARTER HIGHLIGHTS: Record net sales: $828.5 million, up 17.7% y/y Record gross profit: $136.9 million, up 17.7% y/y Record net income: $25.4 million, up 46.9% y/y Record diluted EPS: $0.96, up 46.5% y/y Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the second quarter ended June 30, 2022. "We continued to execute well against our strategic objectives across each of our business segments and delivered another record quarter. There was strong demand for hybrid work solutions, cloud, and software, as comp

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its second quarter 2022 operating results after close of market on Thursday, August 4, 2022. At 4:30 p.m. ET on that date, management will review these results during their quarterly conference call. For participants who would like to participate via telephone, please register here to receive the dial-in number along with a unique PIN number that is required to access the call. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.co

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its first quarter 2022 operating results after close of market on Thursday, May 5, 2022. At 4:30 p.m. ET on that date, management will review these results during their quarterly conference call. To access the conference call, please dial 877-776-4016 (US) or 973-638-3231 (International) and enter the confirmation number 1897202. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.connection.com. About Connection PC Connection, In

FOURTH QUARTER SUMMARY: Net sales: $800.2 million, up 18.4% y/y Gross profit: $127.0 million, up 16.7% y/y Net income: $22.4 million, up 37.4% y/y Diluted EPS: $0.85, up 37.1% y/y FULL YEAR SUMMARY: Net sales: $2.9 billion, up 11.7% y/y Gross profit: $464.6 million, up 10.9% y/y Net income: $69.9 million, up 25.4% y/y Diluted EPS: $2.65, up 25.2% y/y Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the fourth quarter and year ended December 31, 2021. "We are pleased to report record fourth quarter consolidated revenue and gross profit

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its fourth quarter and full-year 2021 operating results after close of market on Monday, February 7, 2022. At 4:30 p.m. ET on that date, management will review these results during their quarterly conference call. To access the conference call, please dial 877-776-4016 (US) or 973-638-3231 (International) and enter the confirmation number 9987005. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.connection.com. About Connection

THIRD QUARTER HIGHLIGHTS: Net sales: $751.4 million, up 15.1% y/y Gross profit: $120.7 million, up 11.9% y/y Net income: $20.0 million, up 18.4% y/y Diluted EPS: $0.76, up 18.1% y/y 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, 2021. "We are pleased to report record Q3 revenue and gross profit in both our Enterprise and Business Solutions segments. These results demonstrate the continued execution of our business strategy to connect our customers with technology that enhances growth, elevates productivit

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its third quarter 2021 operating results after close of market on Thursday, November 4, 2021. At 4:30 p.m. ET on that date, management will review these results during their quarterly conference call. To access the conference call, please dial 877-776-4016 (US) or 973-638-3231 (International) and enter the confirmation number 8894527. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.connection.com. About Connection PC Connectio

SECOND QUARTER HIGHLIGHTS: Net sales: $704.2 million, up 28.0% y/y Gross profit: $116.3 million, up 30.7% y/y Net income: $17.3 million, up 126.3% y/y Diluted EPS: $0.66, up 125.6% y/y Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the second quarter ended June 30, 2021. "We are pleased to report 28% revenue growth in all of our segments and we currently expect solid demand to continue through 2021," said Tim McGrath, President and CEO of Connection. McGrath continued, "Our financial performance was strong, albeit impacted by supply chain dis

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will release its second quarter 2021 operating results after close of market on Thursday, August 5, 2021. At 4:30 p.m. ET on that date, management will review these results during their quarterly conference call. To access the conference call, please dial 877-776-4016 (US) or 631-813-4880 (International) and enter the confirmation number 4558005. The live webcast and replays of the conference call can be accessed online through the investor relations section of our website at https://ir.connection.com. About Connection PC Connectio