PCM, Inc. (PCMI) Surges Following Blow-Out Q2

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Go back to PCM, Inc. (PCMI) Surges Following Blow-Out Q2

PCM Reports Record Second Quarter Results

July 27, 2016 4:06 PM EDT

Reports 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%  Gross profit margin increased to 14.3% from 12.9%Operating profit increased $12.5 million to $13.4 millionAdjusted EBITDA of... More