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Stock impact report

PC Connection, Inc. (CNXN) Announces Preliminary Financials for the First Quarter Results 2017; Company to Release Full Results on April 20th

PC Connection, Inc. (CNXN) 
Last pc connection, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.connection.com/investor-relations
Company Research Source: Business Wire
MERRIMACK, N.H.--(BUSINESS WIRE)-- Connection (PC Connection, Inc.; NASDAQ: CNXN), an industry-leading National Technology Solutions Provider of a full range of information technology (IT) solutions to business, government, and education markets, today announced certain preliminary financial results for the quarter ended March 31, 2017. Connection expects to report revenue in the range of $670 million to $675 million for the first quarter ended March 31, 2017, representing growth of approximately 17% year over year. Gross profit for the first quarter is expected to range between $85 million and $90 million. In addition, for the first quarter, Connection expects to report net income of between $7 million and $8 million and diluted earnings per share from $0.27 to $0.28. Preliminary first quarter results reflect an increase in market share but at lower gross margin due to certain non-recurring large projec Show less Read more
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