PCM, Inc. (PCMI) Tops Q3 EPS by 11c, Miss on Revenues; Lifts FY18 EPS Outlook
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PCM Reports Record Third Quarter 2018 Results
October 24, 2018 4:03 PM EDT
Gross Profit Increased 5% to $85.1 million
Gross Profit
Margin Increased 170 Basis Points to an all-time record 16.7%
Operating
Profit Margin Increased 180 Basis Points to 2.1%
Non-GAAP
EBITDA Margin Increased 120 Basis Points to 3.1%
Diluted EPS
Increased $0.53 to $0.47
Non-GAAP Adjusted EPS Increased
126% to $0.61
EL SEGUNDO, Calif.--(BUSINESS WIRE)-- PCM,Inc. (NASDAQ: PCMI), a leading technology solutions provider, today reported financial results for the third quarter of 2018.
Third Quarter Consolidated Financial Summary
Three Months Ended September 30,
(in millions, except per share data)2018
2017
% Change
Net Sales $ 510.6 $ 543.3 (6) Gross Profit 85.1 81.5 5 Gross Profit Margin 16.7% 15.0% 170bp SG&A Expenses... More