secwatch.observer — SEC 8-K summary
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Issuer:     PC CONNECTION INC (CNXN)
CIK:        0001050377
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001157523-22-001048
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Connection (CNXN) reports record Q2: net sales $828.5M, EPS $0.96, up 46.5% YoY
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- Record net sales $828.5M (+17.7% YoY); record net income $25.4M (+46.9% YoY); record diluted EPS $0.96 (+46.5% YoY).
- Business Solutions segment sales up 22.9% to $328.4M; gross margin expanded 75bps to 19.9%.
- Enterprise Solutions sales up 13.6% to $348.9M; gross margin down 80bps to 14.5% due to product mix.
- SG&A as % of sales improved to 12.3% from 13.1% despite higher headcount investment.
- Cash $94.9M at June 30, 2022 vs $108.3M at Dec 31, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050377/000115752322001048/0001157523-22-001048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050377/000115752322001048/a52802538.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001048

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