PCM, Inc. (PCMI) Tops Q1 EPS by 7c, Slight Beat on Revenues
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PCM Reports Record First Quarter 2019 Results
April 25, 2019 8:30 AM EDTNet Sales of $534.0 million; Commercial Net Sales up 3%
Gross Profit of $83.1 Million
Gross Profit Margin Improved 20 Basis Points to a First Quarter Record 15.6%
Diluted EPS Increased 52% to a First Quarter Record $0.35
Non-GAAP Adjusted EPS Increased 35% to $0.46
Generated Cash Flow from Operations of $17.6 Million
EL SEGUNDO, Calif.--(BUSINESS WIRE)-- PCM,Inc. (NASDAQ: PCMI), a leading technology solutions provider, today reported financial results for the first quarter ended March 31, 2019.
Consolidated Financial Summary
Three Months Ended March 31, (in millions, except per share data) 2019 2018 % Change Net Sales $ 534.0 $ 542.8 (2 )% Gross Profit... More