PC nection(CNXN) - 2024 Q1 - Quarterly Results

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 2024 RESULTS FIRST QUARTER SUMMARY: ● Net sales: $632.0 million, decrease of 13.1% y/y ● Gross profit:$ 118.1 million, down 3.5% y/y ● Gross margin: 18.7%, up 187 basis points y/y ● Net income: $13.2 million, decrease of 7.4% y/y ● Diluted EPS:$ 0.50, compared to $0.54 Merrimack, NH—May 1, 2024—Connection (PC Connection, Inc.; NASDAQ: CNXN), ...