PCM, Inc. (PCMI) Tops Q2 EPS by 4c
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PCM Reports Record Second Quarter Results
July 29, 2015 4:01 PM EDTHighlights (Continuing operations in Q2 2015 compared to Q2 2014):
Net sales: increased 43% to a record $478.9 million Gross profit: increased 29% to a record $62.0 million Gross profit margin: decreased to 12.9% from 14.3% Operating profit: decreased 78% to $0.9 million, including $5.4 million of one-time charges Adjusted EBITDA: increased 42% to $9.5 million Repurchased 239,710 shares at an average price of $9.66 Diluted earnings per share (EPS) from continuing operations: $0.01 Adjusted EPS from continuing operations, excluding one-time charges: $0.26... More