{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001226","form_type":"8-K","ticker":"CNXN","cik":"0001050377","company_name":"PC CONNECTION INC","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.018332+00:00","generated_at":"2026-06-12T11:11:06.606845+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PC Connection Q2 net sales down 11.5% YoY, EPS $0.75 vs $0.96","bullets":["Net sales $733.5M (-11.5% YoY); net income $19.7M (-22.4%); diluted EPS $0.75 (-22.3%).","Gross margin expanded 90 bps to 17.4%; adjusted EPS $0.80 (-17.2%) from $0.96.","Public Sector Solutions sales rose 22.6% to record $185.4M; Business (-20.5%) and Enterprise (-17.7%) declined.","Quarterly dividend $0.08/share declared, payable Sep 1, 2023 to holders of record Aug 15, 2023.","Record Q2 cash flow from operations $116M; repurchased 49,538 shares for $2.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001226","json":"https://secwatch.observer/filing/0001157523-23-001226.json","markdown":"https://secwatch.observer/filing/0001157523-23-001226.md","text":"https://secwatch.observer/filing/0001157523-23-001226.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323001226/0001157523-23-001226-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323001226/a53503463.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T11:11:06.606845+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":"8839d83951e7470ac29eeec0f646681bf92e6de8","claim":"PC CONNECTION INC reported quarter ended June 30, 2023 results: revenue $733.5 million, net income $19.7 million, EPS $0.75.","evidence_excerpt":"Net sales: $733.5 million, down 11.5% y/y Gross profit: $127.8 million, down 6.7% y/y Net income: $19.7 million, down 22.4% y/y Diluted EPS: $0.75, down 22.3% y/y","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323001226/0001157523-23-001226-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Revenue","value":"$733.5 million"},{"label":"Net income","value":"$19.7 million"},{"label":"EPS","value":"$0.75"},{"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"}