secwatch.observer — SEC 8-K summary
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Issuer:     PC CONNECTION INC (CNXN)
CIK:        0001050377
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001558370-24-013942
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PC Connection Q3 net sales +4.6% to $724.7M; diluted EPS $1.02; declares $0.10 quarterly dividend
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- Net income rose 5.7% to $27.1M; diluted EPS of $1.02 vs $0.97 YoY; adjusted diluted EPS flat at $0.97.
- Public Sector sales surged 18.7% to $175.1M; Business Solutions fell 6.1%; Enterprise Solutions rose 7.4%.
- Notebook/mobility sales up 17% YoY; networking dropped 32%; servers/storage down 13%.
- SG&A increased to $105.4M on investments; interest income $4.9M; $1.7M legal settlement in other income.
- Dividend of $0.10/share payable Nov 29 to holders of record Nov 12; repurchased 59,192 shares for $3.9M in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050377/000155837024013942/0001558370-24-013942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050377/000155837024013942/cnxn-20241030x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-013942

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