PC Connection Q4 EPS $0.78 vs $0.90; net sales up 1.8%; declares $0.15 quarterly dividend

PC CONNECTION INC

2024-FY EPS reported $3.29 revenue$2,802,118,000

Net income Q4 $20.7M (-12.9% y/y); diluted EPS $0.78 vs $0.90; full year EPS $3.29 vs $3.15.
Public Sector Solutions net sales up 42.9% to $143.7M; federal govt sales increased $41.1M.
Board declared $0.15/share quarterly dividend, payable March 14, 2025 to holders of record Feb 25, 2025.
SG&A expenses rose to $107.1M (15.1% of sales) from $101.8M (14.6%) due to investments.
Cash and equivalents $442.6M (Dec 31, 2024) up from $297.2M; repurchased 69,366 shares for $4.9M in Q4.

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