PC nection(CNXN)

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PC nection(CNXN) - 2024 Q3 - Earnings Call Transcript
2024-10-30 21:51
PC Connection, Inc. (NASDAQ:CNXN) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Samantha Smith - Investor Relations Tim McGrath - President and CEO Tom Baker - Senior Vice President and CFO Conference Call Participants Adam Tindle - Raymond James Anthony Lebiedzinski - Sidoti & Co. Operator Good afternoon. And welcome to the Third Quarter 2024 Connection Earnings Conference Call. My name is Antoine, and I will be a coordinator for today. At this time, our participants are ...
PC nection(CNXN) - 2024 Q3 - Quarterly Report
2024-10-30 20:10
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value CNXN Nasdaq Global Select Market 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 September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition peri ...
PC nection(CNXN) - 2024 Q3 - Quarterly Results
2024-10-30 20:05
Exhibit 99.1 Investor Relations Contact: Thomas Baker, 603.683.2505 Senior Vice President, CFO, and Treasurer tom@connection.com CONNECTION (CNXN) REPORTS THIRD QUARTER 2024 RESULTS THIRD QUARTER SUMMARY: ● Net sales: $724.7 million, increase of 4.6% y/y ● Gross profit: $135.4 million, increase of 2.7% y/y ● Gross margin: 18.7%, decrease of 30 basis points y/y ● Net income: $27.1 million, increase of 5.7% y/y ● Diluted EPS: $1.02, compared to $0.97 y/y Merrimack, NH—October 30, 2024—Connection (PC Connectio ...
PC Connection (CNXN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-10-23 15:07
The market expects PC Connection (CNXN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 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 to be rel ...
What Makes PC Connection (CNXN) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-09-24 17:02
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...
Should Value Investors Buy PC Connection (CNXN) Stock?
ZACKS· 2024-09-16 14:47
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-a ...
Are Investors Undervaluing PC Connection (CNXN) Right Now?
ZACKS· 2024-08-19 14:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that ...
PC nection(CNXN) - 2024 Q2 - Earnings Call Transcript
2024-08-01 00:47
PC Connection, Inc. (NASDAQ:CNXN) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants Samantha Smith - Investor Relations Tim McGrath - President & Chief Executive Officer Tom Baker - Senior Vice President & Chief Financial Officer Conference Call Participants Adam Tindle - Raymond James Anthony Lebiedzinski - Sidoti & Company Operator Good afternoon and welcome to the Second Quarter 2024 Connection Earnings Conference Call. My name is Justin and I will be the coordinator for toda ...
PC Connection (CNXN) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-31 23:36
PC Connection (CNXN) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20.48%. A quarter ago, it was expected that this information technology services provider would post earnings of $0.64 per share when it actually produced earnings of $0.50, delivering a surprise of -21.88%. Over the l ...
PC nection(CNXN) - 2024 Q2 - Quarterly Report
2024-07-31 20:20
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value CNXN Nasdaq Global Select Market 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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fr ...