---
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"
generated_at: "2026-06-16T22:07:50.443530+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PC Connection guides Q1 net sales down 7-9%, EPS $0.53-$0.55

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000589
- JSON: https://secwatch.observer/filing/0001157523-23-000589.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000589.txt

## Key facts
- Earnings Releases
  PC CONNECTION INC reported the quarter ended March 31, 2023 results: EPS between $0.53 and $0.55.
  - Period: the quarter ended March 31, 2023
  - EPS: between $0.53 and $0.55
  - Result: preliminary results
  source text: We anticipate our Q1 diluted earnings per share to be between $0.53 and $0.55.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1050377/000115752323000589/0001157523-23-000589-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.