{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001597","form_type":"8-K","ticker":"CNXN","cik":"0001050377","company_name":"PC CONNECTION INC","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.034138+00:00","generated_at":"2026-06-09T01:56:30.498705+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Connection reports record Q3 net income of $25.6M; EPS up 10.4% to $0.97; declares $0.08 dividend","bullets":["Net sales $693.1M, down 10.6% YoY; gross margin expanded 142 bps to record 19.0%.","Net income $25.6M (+10.3% YoY); diluted EPS $0.97 (+10.4% YoY); adjusted EPS also $0.97.","Business Solutions segment net sales fell 14.8% to $269.0M; gross margin up 326 bps to 23.3%.","Networking sales surged 48% YoY; notebook/mobility down 20%.","Board declared Q4 cash dividend of $0.08/share, payable Dec 1, 2023 to holders of record Nov 14, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001597","json":"https://secwatch.observer/filing/0001157523-23-001597.json","markdown":"https://secwatch.observer/filing/0001157523-23-001597.md","text":"https://secwatch.observer/filing/0001157523-23-001597.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323001597/0001157523-23-001597-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323001597/a53728242.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:56:30.498705+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":"5ad4660c0014f327303c8602e0071977e54e4556","claim":"PC CONNECTION INC reported quarter ended September 30, 2023 results: revenue $693.1 million, net income $25.6 million, EPS $0.97.","evidence_excerpt":"EXHIBIT 99.1 Exhibit 99.1 Connection (CNXN) Reports Third Quarter 2023 Results Record Quarter for Net Income and Earnings per Share THIRD QUARTER SUMMARY : Net sales: $693.1 million, down 10.6% y/y Gross profit: $131.9 million, down 3.5% y/y Net income: $25.6 million, up 10.3% y/y Diluted EPS: $0.97, up 10.4% y/y MERRIMACK, N.H.--(BUSINESS WIRE)--November 1,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1050377/000115752323001597/0001157523-23-001597-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Revenue","value":"$693.1 million"},{"label":"Net income","value":"$25.6 million"},{"label":"EPS","value":"$0.97"},{"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"}