PCM Reports Record First Quarter 2019 Results

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PCM, Inc. (PCMI) Tops Q1 EPS by 7c, Slight Beat on Revenues

April 25, 2019 8:33 AM EDT

PCM, Inc. (NASDAQ: PCMI) reported Q1 EPS of $0.46, $0.07 better than the analyst estimate of $0.39. Revenue for the quarter came in at $534 million versus the consensus estimate of $533.2 million.

Net Sales of $534.0 million; Commercial Net Sales up 3%Gross Profit of $83.1 MillionGross Profit Margin Improved 20 Basis Points to a First Quarter Record 15.6%Diluted EPS Increased 52% to a First Quarter Record $0.35Non-GAAP Adjusted EPS Increased 35% to $0.46Generated Cash Flow from Operations of $17.6 Million

Frank Khulusi, Chairman and CEO of PCM, Inc., stated, 2019 is off to a... More