PCM, Inc. (PCMI) Tops Q2 EPS by 1c
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PCM Reports Second Quarter Results
July 26, 2017 4:02 PM EDTRecord Q2 Gross Profit $85.4 million and Record Q2 Gross Profit Margin 15.2%Â Sales of Services grew 20%
EL SEGUNDO, Calif., July 26, 2017 (GLOBE NEWSWIRE) -- PCM, Inc. (NASDAQ: PCMI), a leading technology solutions provider, today reported record financial results for the second quarter of 2017.
Highlights (Q2 2017 compared to Q2 2016):
Net sales declined 4% to $560.1 millionSales of services grew 20% to $40.8 millionGross profit grew 3% to a record $85.4 millionRecord gross profit margin of 15.2%, up from 14.3%Operating profit declined 58% to $5.6... More