earnings
confidence high
sentiment positive
materiality 0.85
PC Connection Q1 net sales $788.3M (+23.8% YoY); net income $21.8M (+114%); diluted EPS $0.83
PC CONNECTION INC
2022-Q1 EPS reported
$0.83
revenue$788,344,000
- Diluted EPS of $0.83, up 113.6% from $0.39; net income $21.8M vs $10.2M.
- Net sales $788.3M, up 23.8% YoY; gross profit $128.3M, up 27.6%.
- Business Solutions sales +30.1% to $320.4M; Enterprise +26.4% to $335.4M; Public Sector +5.8% to $132.5M.
- Notebook/mobility sales +32% (39% of sales); desktops +46%; SG&A margin improved to 12.5% from 13.6%.
- TTM Adjusted EBITDA $129.1M vs $84.4M; cash $67.4M vs $108.3M at year-end.