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PC Connection, Inc. (CNXN) to Release Third Quarter Results; Provides Estimated Results

PC CONNECTION INC (CNXN)  More Company Research Source: Business Wire
Last pc connection inc earnings: 2/15 04:05 pm Check Earnings Report
PDF MERRIMACK, N.H.--(BUSINESS WIRE)-- Connection (PC Connection, Inc.; NASDAQ: CNXN), an industry-leading technology solutions provider of a full range of information technology (IT) solutions to business, government, and education markets, today announced certain estimated financial results for the quarter ended September 30, 2017. Connection expects to report revenue in the range of $725 million to $730 million for the third quarter ended September 30, 2017, representing growth of approximately 3% year over year. Gross profit for the third quarter is expected to range between $95 million and $98 million. In addition, for the third quarter, Connection expects to report net income of between $12.5 million and $13.5 million and diluted earnings per share from $0.48 to $0.50. Estimated third quarter results reflect a modest increase in revenue but at slightly lower gross margins. “In the quarter, we w [Read more]

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