CDW Corp. engages in the provision of information technology solutions to small, medium and large business, government, education and healthcare customers in the United States, the United Kingdom and Canada. It operates through the following segments: Corporate, Small Business, and Public. The Corporate segment serves the private sector business customers. The Small Business segment also caters to the private sector businesses but with a smaller number of employees. The Public segment involves government agencies, education, and healthcare institutions. The company was founded in 1984 by Michael P. Krasny and is headquartered in Lincolnshire, IL.

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CDW reports record profitability in Q4, eyes growth in high-demand solutions

CDW's Q4 performance showcased record profitability driven by solutions and services, with a strategic shift towards high-growth offerings for 2023.
While facing challenges such as weak client device demand and seasonality, the company's strong focus on solutions and services presents growth opportunities.
With robust demand across all segments and a disciplined approach to cost management, CDW aims to maximize shareholder return and capture market share.
The company's 2023 outlook includes expectations of modest revenue growth, a shift towards cloud and security, and a focus on strategic capital allocation priorities.

CDW reports Q1 2023 earnings decline but eyes sector resilience

CDW's Q1 performance saw declines in net sales and operating income, with challenges in maintenance contracts and hardware delays. However, strengths in healthcare and government sectors, strategic investments, and AI engagement position CDW well for growth. Opportunities in client device refresh cycles and sector optimism offer potential for recovery and outperformance.

CDW reports Q2 results, anticipates outperforming U.S. IT market

CDW navigated challenges in the commercial market while capitalizing on growth opportunities in the public sector and cloud services. Strategic investments in cloud capabilities have driven profitability, with a focus on outperforming the U.S. IT market. The company remains cautious but optimistic about future prospects.

CDW reports mixed Q3 results, eyes growth through advanced solutions

CDW's Q3 performance reflects a mixed picture with revenue decline but strong profitability driven by strategic investments in cloud and SaaS solutions.
While facing challenges in commercial markets and potential federal spending uncertainties, the company aims to outperform the market and drive growth through advanced solutions.
Balancing cost management, investments, and customer assistance in decision-making present opportunities for CDW to navigate uncertainties and drive future outperformance.
With a focus on enhancing operating margins, capturing market share, and aligning capital allocation with shareholder value, CDW aims to navigate market challenges and drive growth.

CDW reports mixed 2023 performance, eyes AI solutions market

CDW's performance in 2023 reflected a mix of challenges and strengths, with a focus on software and cloud-based solutions driving growth amid declining hardware sales. Strategic investments and strong execution positioned the company well for future opportunities in the evolving AI solutions market and digital transformation space.
While facing challenges in market dynamics and optimizing costs, CDW's commitment to enhancing shareholder value through capital allocation priorities and outpacing market growth by 200 to 300 basis points in 2024 showcases a proactive growth strategy. The anticipation of a recovery in client devices and a pricing environment remaining firm present opportunities for sequential improvement and sustained growth.
Navigating uncertainties in the economy and market conditions, CDW aims to balance growth opportunities with cost optimization, leveraging its customer-centric approach and focus on as-a-service solutions. The company's strong performance in advisory and consulting services related to AI, coupled with a focus on full stack, full life cycle solutions, positions CDW for continued success and resilience in the evolving IT landscape.

CDW reports Q1 earnings decline, eyes AI opportunities for growth

CDW's Q1 2024 performance faced challenges from market conditions but highlighted strengths in AI services and growth opportunities in client devices. The company aims for modest profit growth in 2024, focusing on addressing customer priorities and capitalizing on AI spending.

CDW reports stable Q2 performance amidst market challenges

CDW's Q2 performance saw stable gross profit and a sequential increase in net sales
The company faces challenges from market dynamics and end market-specific issues
However, CDW's strategic focus on growth and value creation positions it well for the future

CDW reports Q3 decline, eyes growth amid market challenges

CDW faced challenging market conditions in Q3 2024, leading to declines in gross profit, net sales, and operating income. Despite this, the company remains confident in its ability to return to growth.
Strategic actions, such as improving seller effectiveness and growing cloud capabilities, along with capital allocation priorities, demonstrate CDW's commitment to long-term value creation.
While challenges persist, opportunities in demand drivers and strategic initiatives provide a path for CDW to navigate through uncertainties and drive future performance.

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CDW Corp. engages in the provision of information technology solutions to small, medium, and large business, government, education, and healthcare customers. It operates through the following segments: Corporate, Small Business, Public, and Other. The Public segment includes government agencies and education and healthcare institutions. The Other segment focuses on CDW UK and Canada. The company was founded in 1984 by Michael P. Krasny and is headquartered in Vernon Hills, IL.

ServiceNow

CDW vs. NOW: Which Stock Is the Better Value Option?

CDW Corporation (NASDAQ:CDW ) Q4 2022 Earnings Conference Call February 8, 2023 8:30 AM ET Company Participants Steve O'Brien - IR Chris Leahy - President, CEO & Chair Al Miralles - CFO Conference Call Participants Matt Sheerin - Stifel Ruplu Bhattacharya - Bank of America Merrill Lynch Samik Chatterjee - J.P. Morgan Amit Daryanani - Evercore Erik Woodring - Morgan Stanley Shannon Cross - Credit Suisse Jim Suva - Citigroup Keith Housum - Northcoast Research Adam Tindle - Raymond James Operator Hello, and welcome to CDW Fourth Quarter 2022 Earnings Call.

CDW Corporation (CDW) Q4 2022 Earnings Call Transcript

CDW Corporation's (CDW) fourth-quarter performance was affected due to weakness in Small Business and Public segment.

CDW's Q4 Earnings Beat Estimates, Revenues Decrease Y/Y

CDW (CDW) delivered earnings and revenue surprises of 2.04% and 11.58%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

CDW (CDW) Beats Q4 Earnings Estimates

Information technology products reseller and services provider CDW delivered a mixed fourth-quarter report. The post Tech Services Firm CDW Tops Earnings Goal But Sales Miss appeared first on Investor's Business Daily.

Tech Services Firm CDW Tops Earnings Goal But Sales Miss

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its Board of Directors has authorized a $750 million increase to the company's share repurchase program and declared a quarterly cash dividend. The cash dividend of $0.

CDW Authorizes $750 Million Share Repurchase Program Increase and Declares Quarterly Cash Dividend of $0.59 Per Share

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW):   (Dollars in millions, except per share amounts) Three Months Ended December 31, Year Ended December 31, 2022 2021 % Chg. 2022 2021 % Chg. Net Sales $ 5,438.3 $ 5,536.9 (1.8 )% $ 23,748.7 $ 20,820.8 14.1 % Average Daily Sales1   86.3   87.9 (1.8 )   93.5   82.0 14.1   Gross Profit   1,181.1   975.6 21.1     4,686.6   3,568.5 31.3   Operating Income   446.6   339.3 31.6     1,735.2   1,419.0 22.3   Net Income   287.2   215.

CDW Reports Fourth Quarter and Full Year 2022 Earnings

CDW's fourth-quarter results are expected to be driven by solid demand for its hardware and software products.

Here's What You Should Know Ahead of CDW's Q4 Earnings Release

CDW (CDW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

CDW Corporation (CDW) Hits Fresh High: Is There Still Room to Run?

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My Top 15 High-Growth Dividend Stocks For February 2023

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that it will host a webcast conference call to discuss its fourth quarter and full year 2022 results on Wednesday, February 8, 2023, at 7:30 a.m. CT/8:30 a.m. ET.

CDW to Announce Fourth Quarter and Full Year 2022 Results on February 8

CDW has a wide-reaching business model and is an end-to-end solutions provider. It's seen continued robust growth, but there could be near-term headwinds.

CDW Corp.: Excellent Growth Stock To Buy At Right Price

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LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced new Board appointments.

CDW CEO Christine Leahy Appointed Board Chair

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I present my top 15 high-growth dividend stocks to consider during the month of January. The watchlist posted a loss of 5.21% in December and finishes the year with a loss of 8.58%.

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CDW's ability to assist clients in addressing their priorities across two years of unparalleled supply difficulties due to COVID-19 supports the success of its business model. SAN ANTONIO , Dec. 14, 2022 /PRNewswire/ -- Recently, Frost & Sullivan assessed the digital transformation services industry, and, based on its findings, recognizes CDW with the 2022 Global Customer Value Leadership Award.

CDW Applauded by Frost & Sullivan for Managing Digital Transformation Initiatives to Reduce the Cost and Complexity of Cloud Deployments

CDW (CDW) reported earnings 30 days ago. What's next for the stock?

Why Is CDW (CDW) Up 10.6% Since Last Earnings Report?

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My Top 15 High Growth Dividend Stocks For December 2022

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that Christine A. Leahy, president and chief executive officer, and Albert J. Miralles, senior vice president and chief financial officer, CDW, will participate in a question and answer session at the Credit Suisse 26th Annual Technology Conference to be held at The Phoenician in Scottsdale, Arizona on Tuesday, November 29, 2022, at 2:00 p.m. CT/1:00 p.m. MT. The session will be webcast live on investor.cdw.com. An archived copy of the webcast will be available on the same website for one year following the completion of the event.

CDW to Participate in the Credit Suisse 26th Annual Technology Conference

SYNNEX

TD-Synnex is a much larger company than CDW based on revenue. Both companies are trying to expand rather narrow margins by acquiring service companies.

CDW Vs. TD Synnex: Which High-Tech Distributor Is The Best Investment For 2023?

CDW Corporation (NASDAQ:CDW ) Q3 2022 Earnings Conference Call November 2, 2022 8:30 AM ET Company Participants Steven O'Brien - VP, IR Christine Leahy - President, CEO & Director Albert Miralles - SVP & CFO Conference Call Participants Shannon Cross - Crédit Suisse Amit Daryanani - Evercore ISI Erik Woodring - Morgan Stanley Ruplu Bhattacharya - Bank of America Merrill Lynch Samik Chatterjee - JPMorgan Chase & Co. James Suva - Citi Keith Housum - Northcoast Research Mark Cash - Raymond James & Associates Operator Hello, everyone, and welcome to the CDW Third Quarter 2022 Earnings Call. My name is Seb, and I will be the operator for the call today.

CDW Corporation (CDW) Q3 2022 Earnings Call Transcript

CDW Corporation's (CDW) third-quarter 2022 results ride on strength across all segments.

CDW's Q3 Earnings Beat Estimates, Revenues Increase Y/Y

CDW (CDW) delivered earnings and revenue surprises of 3.17% and 0.04%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

CDW (CDW) Beats Q3 Earnings and Revenue Estimates

Tech services provider CDW beat estimates for earnings in the third quarter but sales were lighter than expected. The post Tech Services Provider CDW Tops Earnings Goal But Sales Light appeared first on Investor's Business Daily.

Tech Services Provider CDW Tops Earnings Goal But Sales Light

CDW Increases Quarterly Cash Dividend 18% to $0.59 Per Share

News for CDW Stock (CDW)