{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000589","form_type":"8-K","ticker":"CNXN","cik":"0001050377","company_name":"PC CONNECTION INC","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.770761+00:00","generated_at":"2026-06-16T22:07:50.443530+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PC Connection guides Q1 net sales down 7-9%, EPS $0.53-$0.55","bullets":["Q1 net sales expected 7-9% lower YoY due to cautious IT spending and lower endpoint device sales.","Diluted EPS guidance range $0.53-$0.55 for Q1 2023.","CEO Tim McGrath: growth in software, security, networking not enough to offset contraction.","CFO Tom Baker: additional cost reduction measures to lower operating expenses in 2023.","Company has not completed financial close; full results conference call May 4 at 4:30pm EDT."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000589","json":"https://secwatch.observer/filing/0001157523-23-000589.json","markdown":"https://secwatch.observer/filing/0001157523-23-000589.md","text":"https://secwatch.observer/filing/0001157523-23-000589.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323000589/0001157523-23-000589-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323000589/a53385087.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:07:50.443530+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":"e2e2560dfe3e87d5c3a5b5dc8c860f8c67cd4c20","claim":"PC CONNECTION INC reported the quarter ended March 31, 2023 results: EPS between $0.53 and $0.55.","evidence_excerpt":"We anticipate our Q1 diluted earnings per share to be between $0.53 and $0.55.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323000589/0001157523-23-000589-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"EPS","value":"between $0.53 and $0.55"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}