earnings
confidence high
sentiment positive
materiality 0.65
Connection Q3 revenue $751.4M (+15.1%), EPS $0.76; notebook sales record
PC CONNECTION INC
2021-Q3 EPS reported
$1.80
revenue$2,092,421,000
- Net sales $751.4M, up 15.1% YoY; diluted EPS $0.76, up 18.1% YoY from $0.64.
- Business Solutions sales +21.8% to $281.4M; Enterprise Solutions +19.2% to $309.7M.
- Notebook/mobility sales record $304M (40% of sales), up 50% YoY on hybrid work.
- SG&A as % of sales improved to 12.4% from 13.3%; cash $89.7M.
- Services business grew >23% YoY; achieved Microsoft Azure Expert MSP certification.