PC Connection (CNXN) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this information technology services provider would post earnings of $0.90 per share when it actually produced earnings of $0.78, delivering a surprise of -13.33%.Over the ...

PC Connection (CNXN) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Speaker0 Thank you, operator, and good afternoon, everyone. Welcome to the First Quarter twenty twenty five Connections Earnings Conference Call. My name is Deedee, and I will be the coordinator for today. At this time, all participants are in listen only mode. Following the prepared remarks, there will be a question and answer session. As a reminder, this conference call is the property of Connection and may not be recorded or rebroadcas ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934* For the quarterly period ended March 31, 2025 (Exact name of registrant as specified in its charter) Delaware 02-0513618 incorporation or organization) (State or other jurisdiction of (I.R.S. Employer Identification No.) 730 Milford Road Merrimack, New Hampshire 03054 (Address of principal executive offices) ...

Exhibit 99.1 Investor Relations Contact: Thomas Baker, 603.683.2505 Senior Vice President, CFO, and Treasurer tom@connection.com CONNECTION (CNXN) REPORTS FIRST QUARTER 2025 RESULTS Announces a $50 Million Increase to the Share Repurchase Program FIRST QUARTER SUMMARY: Merrimack, NH—April 30, 2025—Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the first quarter ended Ma ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________. Commission File Number 000-23827 PC CONNECTION, INC. (Exact name of registrant as specified in its charter) Delaware ...

Financial Data and Key Metrics Changes - For the full year 2024, revenue was $2.8 billion, a decrease of 1.7% compared to the prior year, while gross profit was $519.8 million, an increase of 1.6% [9] - Gross margin reached a record 18.6%, growing 60 basis points [9] - SG&A was $422.3 million, an increase of 4% compared to the prior year [10] - Net income was $87.1 million, an increase of 4.6% compared to the prior year, with earnings per diluted share at $3.29 for 2024 compared to $3.15 in the prior year [10] - Q4 consolidated net sales were $708.9 million, an increase of 1.8% compared to last year, while net income in Q4 was $20.7 million, a decrease of 12.9% [11][12] Business Line Data and Key Metrics Changes - In the Business Solutions segment, Q4 net sales were $262.4 million, down 3.7% year-over-year, with a 12% decrease in advanced technology products [15] - Public Sector Solutions Q4 net sales were $143.7 million, up 42.9% year-over-year, with gross profit increasing by 30.2% [16] - Enterprise Solutions segment Q4 net sales were $302.7 million, down 6.4% year-over-year, with gross profit decreasing by 9.3% [18] Market Data and Key Metrics Changes - Overall IT spending was lower than expected in Q4 and for all of 2024, with customers delaying investments in large advanced technology projects [27] - There was year-over-year growth in the device ecosystem, including endpoint and related categories, but many customers delayed investments [28] Company Strategy and Development Direction - The company made significant investments in 2024 to improve business capabilities, including a world-class CRM system and AI-enabled workflow tools [29] - Strategic investments are expected to position the company for success in 2025, with anticipated growth driven by data center and infrastructure projects [30] - The company aims to outperform the US IT market growth rate by 200 basis points in 2025 [35] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about 2025, citing a large number of projects in the pipeline and expected customer investments in data center and infrastructure projects [30][34] - There are macroeconomic events that could impact customer investment timing, including developments in the AI landscape and potential tariffs [34] Other Important Information - The company announced a 50% increase in its quarterly dividend to $0.15 per share, payable on March 14, 2025 [22] - Cash flow generated from operations for the year was $173.9 million, with a decrease in inventory benefiting cash from operations [24] Q&A Session Summary Question: Can you comment on the sales progression during the quarter? - October was better than previous years, November was markedly worse, and December was about the same, with expectations for Q1 to be flat or up very low single digits [39] Question: Which vertical markets do you see having the most opportunity? - The large enterprise group has many new projects, with optimism in retail, healthcare, and manufacturing sectors [42][43] Question: How should we think about expected expense growth versus gross profit growth? - SG&A is expected to grow around 3-4% year-on-year, reflecting investments in resources to prepare for future growth [46] Question: What are the expected impacts from tariffs? - The complexity of supply chains makes predictions difficult, but the company is engaging customers to plan for contingencies [50][51]

PC Connection (CNXN) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.33%. A quarter ago, it was expected that this information technology services provider would post earnings of $1.01 per share when it actually produced earnings of $0.97, delivering a surprise of -3.96%.Over the ...

Exhibit 99.1 Investor Relations Contact: Thomas Baker, 603.683.2505 Senior Vice President, CFO, and Treasurer tom@connection.com CONNECTION (CNXN) REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS FOURTH QUARTER SUMMARY: FULL YEAR SUMMARY: Merrimack, NH—February 5, 2025—Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the fourth quarter and year ended December 31, 2024. T ...

The market expects PC Connection (CNXN) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected t ...

PC Connection (CNXN) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.96%. A quarter ago, it was expected that this information technology services provider would post earnings of $0.83 per share when it actually produced earnings of $1, delivering a surprise of 20.48%.Over the last ...