PCM, Inc. (PCMI) Surges Following Blow-Out Q2
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PCM Reports Record Second Quarter Results
July 27, 2016 4:06 PM EDTReports Record EPS of $0.61; Record Adjusted EPS of $0.66
Company Increases Full-Year Earnings Guidance, Expects $1.51 to $1.64 Adjusted EPS
EL SEGUNDO, Calif., July 27, 2016 (GLOBE NEWSWIRE) -- PCM, Inc. (NASDAQ: PCMI), a leading technology solutions provider, today reported record financial results for the second quarter of 2016.
Second Quarter 2016 Highlights (Compared to Second Quarter 2015)
Record net sales of $581.0 million, up 21%Record gross profit of $83.0 million, up 34% Â Gross profit margin increased to 14.3% from 12.9%Operating profit increased $12.5 million to $13.4 millionAdjusted EBITDA of... More