secwatch.observer — SEC 8-K summary
======================================

Issuer:     PC CONNECTION INC (CNXN)
CIK:        0001050377
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001157523-24-000244
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PC Connection Q4 EPS up 26.3% to $0.90; revenue down 4.9%; raises dividend 25% to $0.10
--------------------------------------------------------------------------------

- Q4 net sales $696.5M (-4.9% y/y); net income $23.8M (+26.3%); diluted EPS $0.90 (+26.3%).
- Full year net sales $2.9B (-8.8% y/y); net income $83.3M (-6.7%); diluted EPS $3.15 (-6.6%).
- Board increased quarterly dividend 25% to $0.10/share; payable March 15, 2024 to holders of record Feb 27.
- Business Solutions sales -2.9%; Public Sector -14.2% (federal -33.3%); Enterprise -3.3%.
- Software sales up 42% y/y; networking up 36%; notebook/mobility down 17%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050377/000115752324000244/0001157523-24-000244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050377/000115752324000244/a53896480.htm
  HTML page:      https://secwatch.observer/filing/0001157523-24-000244

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer