PC Connection (PCCC) Misses Q1 EPS by 1c
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PC Connection, Inc. Reports First Quarter 2016 Results
April 28, 2016 4:06 PM EDTFIRST QUARTER SUMMARY:
Net income up 6% y/y Gross profit up 6% y/y Diluted EPS: $0.34, up 6.3% y/y Cash balance increased to $91.0 millionMERRIMACK, N.H.--(BUSINESS WIRE)-- PC Connection, Inc. (NASDAQ: PCCC), a national provider of a full range of information technology (IT) solutions to business, government, healthcare, and education markets, today announced results for the quarter ended March 31, 2016. Net sales for the first quarter of 2016 decreased by 1.5% to $572.4 million, compared to $581.3 million for the prior year quarter. Gross profit increased by 6% from... More
