secwatch.observer — SEC 8-K summary
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Issuer:     PC CONNECTION INC (CNXN)
CIK:        0001050377
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001157523-22-000570
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PC Connection Q1 net sales $788.3M (+23.8% YoY); net income $21.8M (+114%); diluted EPS $0.83
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050377/000115752322000570/0001157523-22-000570-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050377/000115752322000570/a52709982.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000570

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