Connection (CNXN) Reports First Quarter 2024 Results [Yahoo! Finance]
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: Yahoo! Finance
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 MERRIMACK, N.H., May 01, 2024 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 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 Directors also approved a $40.0 million increase to Connection's existing share repurchase program, bringing the aggregate amount authorized to $120 million, of which $72.1 million is available after giving effect to the increase. "While we are encouraged by the number of new accounts that we added during the quarter, customers continued to delay their I-T capital spending d
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CNXN
News
- Connection Awarded GOVMVMT Technology Contract [Yahoo! Finance]Yahoo! Finance
- Connection Awarded GOVMVMT Technology ContractBusiness Wire
- Connection Awarded Federal Purchase Agreement [Yahoo! Finance]Yahoo! Finance
- Connection Awarded Federal Purchase AgreementBusiness Wire
- Connection Named to Newsweek's Most Trustworthy Companies in America 2024 List [Yahoo! Finance]Yahoo! Finance
CNXN
Earnings
- 5/1/24 - Miss
CNXN
Sec Filings
- 5/16/24 - Form 144
- 5/16/24 - Form 8-K
- 5/14/24 - Form 4
- CNXN's page on the SEC website