PC Connection, Inc., together with its subsidiaries, provides a range of information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions. It offers IT products, including computer systems, data center solutions, software and peripheral equipment, networking communications, and other products and accessories, as well as provides services, such as design, configuration, and implementation of IT solutions. The company markets its products and services through its websites comprising connection.com, connection.com/enterprise, connection.com/publicsector, and macconnection.com. It serves small to medium-sized businesses (SMBs) that include small office/home office customers; government and educational institutions; and medium-to-large corporate accounts through outbound telemarketing and field sales, and marketing programs targeted to specific customer populations, as well as through digital, web, and print media advertising. The company was founded in 1982 and is headquartered in Merrimack, New Hampshire.
IPO Year:
Exchange: NASDAQ
Website: connection.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/24/2022 | Neutral → Buy | Sidoti & Co. | |
| 1/24/2022 | $55.00 | Neutral → Buy | Sidoti |
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
Recognized for Exceptional Customer, Investor, and Employee Trust Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and education markets, is pleased to announce that it has been recognized on Newsweek's 2024 list of World's Most Trustworthy Companies. Tim McGrath, President and CEO of Connection said, "Trust is an integral part of our culture at Connection. There's nothing more important than earning and keeping the trust of our customers, partners, investors, employees, and communities. To be recognized among the top companies in the world for our efforts is an incredible honor. Thank you to Newswee
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
NEW YORK, NY / ACCESSWIRE / September 17, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September 18-19, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.Presentation Schedule*All Times EDTWednesday, September 18, 2024 (Day 1)8:30-9:00MtronPTI (MPTI)The Gorman-Rupp Company (GRC)Lilium (LILM)*****9:15-9:45The LGL Group, Inc. (LGL)Natural Gas Services Group (NGS)Harvard Bioscience (HBIO)Lifetime Brands, Inc. (LCUT)10:00-10:30Daktronics (DAKT)Arcosa, Inc (
Honored for Exceptional Employee Satisfaction, Revenue Growth, and Sustainability Transparency Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and education markets, is pleased to announce the company has been recognized on TIME's inaugural list of America's Best Mid-Size Companies. Connection was selected for the award by TIME and Statista Inc., a leading statistics portal and industry ranking provider. The 2024 ranking of America's Best Mid-Size Companies considered all companies that operate in the United States and generated at least $100 million in revenue, but less than $10 billion, in 2022 or
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.
Companies Unite to Provide Technology Tools to Help Aviation Careers Take Flight Can an aviation-minded teenager collaborate with peers in real time to design and build an airport of the future? Yes, as part of Flights of Discovery, an innovative aviation-themed summer camp program at the non-profit Aviation Museum of NH in Londonderry, NH. Connection, in partnership with Microsoft, donated 20 Microsoft Surface Laptop 5 devices and accessories to the non-profit as part of the technology solution provider's Connection Cares initiative. Flights of Discovery participants will use the Surface devices and Minecraft virtual construction platform to work together to design and build the airpor
Public Sector Group Recognized for Outstanding Performance and Growth Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and education markets, is pleased to announce that Connection Public Sector Solutions has received the 2024 Federal Rising Star Partner of the Year award from Dell Technologies. The award honors new partners whose performance and industry accomplishments distinguish them from the competitive landscape. Larry Kirsch, President of Connection Public Sector Solutions said, "It's an honor to be named Dell Technologies' 2024 Federal Rising Star Partner of the Year. This award reflects our
Next-gen Copilot+ PCs Offer Access to Powerful, New AI Experience Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and education markets, is pleased to announce the company has been selected to work with Microsoft, Qualcomm, and other leading OEM partners to launch Copilot+ PCs, a new generation of Windows-based devices designed for AI workloads. Copilot+ PCs, powered by all-new system architecture and on-board Neural Processing Units (NPUs), deliver a user experience that is 100x more efficient for AI workloads than previous generation PCs. Featuring Qualcomm Snapdragon X Elite and Snapdragon X Plus
Sidoti & Co. upgraded PC Connection from Neutral to Buy
Sidoti upgraded PC Connection from Neutral to Buy and set a new price target of $55.00
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10-Q - PC CONNECTION INC (0001050377) (Filer)
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10-Q - PC CONNECTION INC (0001050377) (Filer)
8-K - PC CONNECTION INC (0001050377) (Filer)
8-K - PC CONNECTION INC (0001050377) (Filer)
10-Q - PC CONNECTION INC (0001050377) (Filer)
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PC Connection (NASDAQ:CNXN) reported quarterly earnings of $0.50 per share which missed the analyst consensus estimate of $0.64 by 21.88 percent. The company reported quarterly sales of $632.000 million which missed the analyst consensus estimate of $694.187 million by 8.96 percent. This is a 13.13 percent decrease over sales of $727.545 million the same period last year.
Friday marks the last chance for investors to receive the next dividend payout from PC Connection (NASDAQ:CNXN). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 10 cents per share. On Monday, PC Connection will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own CNXN as of the end of Friday's session are eligible to receive the 10 cents dividend payo
PC Connection (NASDAQ:CNXN) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings PC Connection beat estimated earnings by 2.27%, reporting an EPS of $0.9 versus an estimate of $0.88. Revenue was down $35.98 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.16 which was followed by a 4.99% increase in the share price the next day. Here's a look at PC Connection's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.81 0.59 0.65 0.73 EPS Actual 0.97 0.80 0.56 0.71 Revenue Estimate 740.11M 797.14M 727.86M 751.12M
PC Connection (NASDAQ:CNXN) reported quarterly earnings of $0.90 per share which beat the analyst consensus estimate of $0.88 by 2.27 percent. The company reported quarterly sales of $696.47 million which beat the analyst consensus estimate of $673.59 million by 3.40 percent. This is a 4.91 percent decrease over sales of $732.45 million the same period last year.
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PC Connection (NASDAQ:CNXN) is set to give its latest quarterly earnings report on Wednesday, 2024-02-14. Here's what investors need to know before the announcement. Analysts estimate that PC Connection will report an earnings per share (EPS) of $0.88. PC Connection bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.16, which was followed by a 4.99% increase in the s
PC Connection (NASDAQ:CNXN) reported quarterly earnings of $0.97 per share which beat the analyst consensus estimate of $0.81 by 19.75 percent. This is a 10.23 percent increase over earnings of $0.88 per share from the same period last year. The company reported quarterly sales of $693.09 million which missed the analyst consensus estimate of $740.11 million by 6.35 percent. This is a 10.65 percent decrease over sales of $775.69 million the same period last year.