{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000232","form_type":"8-K","ticker":"CNXN","cik":"0001050377","company_name":"PC CONNECTION INC","filed_at":"2023-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.667997+00:00","generated_at":"2026-06-19T19:08:11.697458+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PC Connection Q4 net sales down 8.5% YoY; FY 2022 record EPS $3.37, up 27%","bullets":["Q4 net sales $732.5M (-8.5% YoY); net income $18.8M (-15.9%); diluted EPS $0.71 (-16.2%).","FY 2022 net sales $3.1B (+8.0%); net income $89.2M (+27.6%); diluted EPS $3.37 (+27.2%).","Gross margin expanded 110 bps to 17.0% in Q4; FY 2022 Adjusted EBITDA $139.3M (+23%).","Board declared $0.08 quarterly dividend, payable March 10, 2023 to holders of record Feb 21, 2023.","Business Solutions segment gross profit up 3.6% despite sales decline; federal sales up 46% in Public Sector."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000232","json":"https://secwatch.observer/filing/0001157523-23-000232.json","markdown":"https://secwatch.observer/filing/0001157523-23-000232.md","text":"https://secwatch.observer/filing/0001157523-23-000232.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323000232/0001157523-23-000232-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323000232/a53313982.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T19:08:11.697458+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"599670fc36e66cd285b8d44345462eb4314cd83d","claim":"PC CONNECTION INC reported the year ended December 31, 2022 results: revenue $3.1 billion, net income $89.2 million, EPS $3.37 per diluted share.","evidence_excerpt":": Net sales: $732.5 million, down 8.5% y/y Gross profit: $124.3 million, down 2.1% y/y Net income: $18.8 million, down 15.9% y/y Diluted EPS: $0.71, down 16.2% y/y Net sales: $3.1 billion, up 8.0% y/y Gross profit: $526.2 million, up 13.3% y/y Net income: $89.2 million, up 27.6% y/y Diluted EPS: $3.37, up 27.2% y/y Connection (PC Connection, Inc.; NASDAQ: CNXN), a","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323000232/0001157523-23-000232-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$3.1 billion"},{"label":"Net income","value":"$89.2 million"},{"label":"EPS","value":"$3.37 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e5199b1134f04f5a7f42cc7b8f7057ba19768713","claim":"PC CONNECTION INC reported the quarter ended December 31, 2022 results: revenue $732.5 million, net income $18.8 million, EPS $0.71 per diluted share.","evidence_excerpt":"Year 2022 Results MERRIMACK, N.H.--(BUSINESS WIRE)--February 9, 2023--Connection (PC Connection, Inc.; NASDAQ: CNXN): FOURTH QUARTER SUMMARY : FULL YEAR SUMMARY : Net sales: $732.5 million, down 8.5% y/y Gross profit: $124.3 million, down 2.1% y/y Net income: $18.8 million, down 15.9% y/y Diluted EPS: $0.71, down 16.2% y/y Net sales: $3.1 billion, up 8.0% y/y Gross","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323000232/0001157523-23-000232-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"$732.5 million"},{"label":"Net income","value":"$18.8 million"},{"label":"EPS","value":"$0.71 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}