PC Connection, Inc. (PCCC) Tops Q2 EPS by 4c

After the close, PC Connection, Inc. (NASDAQ: PCCC) reported Q2 EPS of $0.43, $0.04 better than the analyst estimate of $0.39. Revenue for the quarter came in at $633.2 million versus the consensus estimate of $585.08 million.

“We are encouraged with PC Connection's strong performance this quarter. We had solid execution across all three of our sales segments, reinforcing the strength of our business model,” said Timothy McGrath, President and Chief Executive Officer. PC Connection continued to see increased demand for notebooks and desktops in Q2 due to the expiration of Windows XP. In addition, their investments in technical solution sales led to strong growth in servers, networking, and software. As a National Solutions Provider, PC Connection's goal is to consistently invest in more complex solutions capabilities while delivering solid financial performance; they were able to accomplish that goal in Q2 with a double-digit sales increase and a 25% increase in earnings. Mr. McGrath concluded, “We believe the team and the strategies we have in place position PC Connection well to gain market share and increase long-term shareholder value.”

For earnings history and earnings-related data on PC Connection, Inc. (PCCC) click here.

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