Connection (CNXN) Tops Q4 EPS by 17c
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Connection (CNXN) Reports Fourth Quarter and Full Year Results
February 7, 2019 4:05 PM ESTOperating Income Increases by 20% from Prior Q4
FOURTH QUARTER SUMMARY:
Gross profit: $106.8 million, up 7.3% y/y Net income: $21.3 million, up 2.8% y/y Diluted EPS: $0.80, compared to $0.77 y/y Cash balance: $91.7 millionFULL YEAR SUMMARY:
Gross profit: $411.1 million, up 7.6% y/y Net income: $64.6 million, up 17.7% y/y Diluted EPS: $2.41, compared to $2.04 y/y Operating cash flows: $86.8 million
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