PC Connection

PC Connection, Inc. engages in the development and provision of information technology solutions. It operates through the following segments: Business Solutions, Enterprise Solutions and Public Sector Solutions. The Business Solutions segment includes outbound telemarketing, on-site sales solicitation and Internet sales. The Enterprise Solutions segment offers method of sourcing, evaluating, purchasing and tracking of IT products and services. The Public Sector segment offers outbound telemarketing, including some on-site sales solicitation by business development managers, and Internet sales through Internet Business Accounts. The company was founded by Patricia J. Gallup and David Hall in 1982 and is headquartered in Merrimack, NH.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

PC Connection reports Q4 decline but eyes tech demand growth

PC Connection faced challenges in net sales and income in Q4 2022 but showed strength in demand for advanced tech solutions.
Cost reduction initiatives and improved cash flow provide a foundation for future growth.
Opportunities lie in continued demand for advanced technologies and growth in specific business segments.
Caution in IT budgets and a slow PC cycle present challenges for the company.

Connection navigates economic challenges, focuses on tech growth for profitability

Connection faced challenges in Q1 due to weak economic conditions, leading to declines in net sales and gross profit, particularly in the Business Solutions segment.
Despite these challenges, the company demonstrated strengths in advanced technologies growth, improved cash flow, and commitment to shareholders through dividends and stock repurchases.
To address challenges and leverage opportunities, Connection aims to focus on cost reduction, capitalize on customer investments in advanced technologies, and maintain financial stability for future growth.
Strategic adjustments and a focus on operational efficiency will be crucial for Connection to navigate market dynamics and drive sustainable profitability in the evolving business landscape.

PC Connection (CNXN) reports Q2 revenue decline but shows margin resilience

PC Connection (CNXN) faced a challenging quarter with declines in sales, operating income, and net income, but showed resilience in gross margins.
The company's strategic focus on customer IT spend, digital transformation, and specific market segments like Public Sector Solutions could drive future growth.
While challenges like increased expenses and margin sustainability persist, opportunities in market trends and operational enhancements offer avenues for improvement.

PC Connection reports record earnings amidst revenue declines and market uncertainties

PC Connection's Q3 2023 performance reflects resilience in earnings despite revenue declines, with a focus on cost management and operational efficiency.
While facing challenges in declining net sales and cautious customer sentiment, the company is well-positioned to leverage opportunities in AI, security solutions, and new software applications.
Analysts' inquiries into gross margin sustainability and capital allocation plans highlight areas of focus for PC Connection's strategic decision-making and future growth strategies.

PC Connection (CNXN) reports mixed Q4 performance, eyes growth opportunities

PC Connection's Q4 2023 earnings call highlighted a mix of performance outcomes, with strengths in operational efficiency and resilience amid challenges in certain product segments. The company's strategic focus on advanced technology sales and cash deployment presents opportunities for future growth and value creation.

PC Connection faces sales decline but eyes growth in AI demand

PC Connection navigated a challenging quarter with a decrease in net sales and gross profit. Despite this, the company succeeded in adding net new commercial accounts. Discussions on market trends, AI PC demand, and software revenue decline highlighted areas of focus for future growth.

PC Connection achieves record earnings, eyes growth in key sectors

PC Connection's Q2 2024 performance reflects strong financial results, with record net income and earnings per share, driven by growth in key segments and effective cost management.
While facing challenges in certain segments and cost pressures, the company's strategic focus on shareholder value, market trends, and operational efficiency positions it well for future growth.
By capitalizing on growth opportunities in target sectors and addressing challenges proactively, PC Connection can sustain its financial momentum and drive long-term value for stakeholders.

PC Connection reports record earnings, faces segment challenges and growth opportunities

PC Connection (CNXN) delivered a strong financial performance in Q3 2024, achieving record net income and earnings per share amidst a 4.6% increase in consolidated net sales.
While facing challenges such as a decline in operating income and gross margins, the company demonstrated strengths in segment growth and increased interest income.
Strategic investments in sales and service capabilities offer opportunities for future revenue growth, with a focus on addressing challenges to maintain profitability and drive operational efficiency.
Overall, PC Connection's performance highlights a balance of achievements, challenges, and opportunities that position the company for continued growth and success in the evolving market landscape.

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PC Connection, Inc. (CNXN) to Release Third Quarter Results For 2022

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Are Retail-Wholesale Stocks Lagging PC Connection (CNXN) This Year?

Is it a good or bad thing when a stock experiences a golden cross technical event?

PC Connection (CNXN) Now Trades Above Golden Cross: Time to Buy?

PC Connection, Inc. (NASDAQ:CNXN ) Q2 2022 Earnings Conference Call August 4, 2022 4:30 PM ET Company Participants Samantha Tracy - Investor Relations Tim McGrath - President and Chief Executive Officer Tom Baker - Senior Vice President and Chief Financial Officer Conference Call Participants Anthony Lebiedzinski - Sidoti Catherine Huntley - Raymond James Operator Good afternoon and welcome to the Second Quarter 2022 Connection Earnings Conference Call. My name is Kyle Mode and I will be the coordinator for today.

PC Connection, Inc. (CNXN) CEO Tim McGrath on Q2 2022 Results - Earnings Call Transcript

PC Connection (CNXN) delivered earnings and revenue surprises of 26.32% and 7.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

PC Connection (CNXN) Q2 Earnings and Revenues Surpass Estimates

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 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 companies continue to mod

Connection (CNXN) Reports Second Quarter 2022 Results

MERRIMACK, N.H.--(BUSINESS WIRE)--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

PC Connection, Inc. (CNXN) to Release Second Quarter Results For 2022

MERRIMACK, N.H.--(BUSINESS WIRE)-- #ITSuperheroAwards--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and education markets, is proud to announce the second annual IT Superhero Awards. Held in partnership with TechCrunch, the awards recognize hard-working IT professionals whose heroics have saved the day and helped move their teams forward in the face of daunting challenges. Nominations are due by August 31, 2022. The awards p

Connection and TechCrunch Launch Second Annual IT Superhero Awards

The heavy selling pressure might have exhausted for PC Connection (CNXN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Here's Why PC Connection (CNXN) is Poised for a Turnaround After Losing 12.9% in 4 Weeks

MERRIMACK, N.H.--(BUSINESS WIRE)-- #WeSolveIT--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and education markets, announced today that it has been selected as the 2021 Growth Partner of the Year, North America, by Veeam® Software. The award recognizes Connection for demonstrating outstanding growth, technical proficiency across Veeam solutions, and proven success in solving customers' backup, recovery, and data mana

Connection Named Veeam Growth Partner of the Year

PC Connection, Inc. (NASDAQ:CNXN ) Q1 2022 Earnings Conference Call May 5, 2022 4:30 PM ET Company Participants Samantha Tracy - Investor Relations Tim McGrath - President & Chief Executive Officer Tom Baker - Senior Vice President & Chief Financial Officer Conference Call Participants Anthony Lebiedzinski - Sidoti Catherine Huntley - Raymond James Operator Good afternoon, and welcome to the First Quarter 2022 Connection Earnings Conference Call. My name is Rachel and I'll be the coordinator for today.

PC Connection, Inc. (CNXN) CEO Tim McGrath on Q1 2022 Results - Earnings Call Transcript

PC Connection (CNXN) delivered earnings and revenue surprises of 29.69% and 8.25%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

PC Connection (CNXN) Beats Q1 Earnings and Revenue Estimates

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 first quarter ended March 31, 2022. “We executed well against our business objectives in the first quarter of 2022. There was continued strong demand for workplace solutions driven by a hybrid return to office. This trend is also driving growth in datacenter and cloud trans

Connection (CNXN) Reports Record First Quarter 2022 Results

MERRIMACK, N.H.--(BUSINESS WIRE)--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

PC Connection, Inc. (CNXN) to Release First Quarter Results for 2022

PC Connection (CNXN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

PC Connection (CNXN): Strong Industry, Solid Earnings Estimate Revisions

PC Connection (CNXN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can PC Connection (CNXN) Run Higher on Rising Earnings Estimates?

PC Connection, Inc.'s (CNXN) CEO Timothy McGrath on Q4 2021 Results - Earnings Call Transcript

PC Connection (CNXN) delivered earnings and revenue surprises of 28.79% and 3.73%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

PC Connection (CNXN) Q4 Earnings and Revenues Surpass Estimates

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 fourth quarter and year ended December 31, 2021. “We are pleased to report record fourth quarter consolidated revenue and gross profit. Our Enterprise and Business Solutions segments achieved record revenues on a quarterly basis. These results demonstrate the continued exec

Connection (CNXN) Reports Fourth Quarter and Full Year 2021 Results

PC Connection (CNXN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PC Connection (CNXN) Reports Next Week: Wall Street Expects Earnings Growth

MERRIMACK, N.H.--(BUSINESS WIRE)--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 (I

PC Connection, Inc. (CNXN) to Release Fourth Quarter and Full Year Results For 2021

PC Connection (CNXN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes PC Connection (CNXN) a New Buy Stock

PC Connection, Inc. (CNXN) CEO Timothy McGrath on Q3 2021 Results - Earnings Call Transcript

News for PC Connection Stock (CNXN)