Highest-materiality recent filing
PC Connection Q2 net sales up 12.4% to $854M; EPS $1.31 vs $0.97; declares $0.20 dividend
Q2 net sales $854.0M (+12.4% YoY); net income $33.2M (+33.8%); diluted EPS $1.31 vs $0.97.
PC Connection shareholders elect six directors, ratify Deloitte as auditor
All six director nominees elected: Gallup, Beffa-Negrini, Bothwick, Duckett, Ferguson, Kinyon.
Net income rose 27.8% to $17.2M; diluted EPS $0.68 vs $0.51; adjusted diluted EPS $0.77.
CNXN Q4 revenue down 0.8% to $702.9M; adj EPS $0.91 vs $0.78; dividend $0.20; $50M buyback increase
Q4 net sales $702.9M (-0.8% YoY); gross margin 19.3% (+100 bps); diluted EPS $0.82 vs $0.78; adjusted EPS $0.91 vs $0.78.
Connection Q3 net sales $709.1M (-2.2% YoY); EPS $0.97 vs $1.02
Net income $24.7M (-8.6% YoY); diluted EPS $0.97 vs $1.02; adjusted EPS $0.97 flat.
PC Connection Q2 sales up 3.2% to $759.7M; EPS down to $0.97; declares $0.15 dividend
Net sales $759.7M (+3.2% YoY); gross profit $137.8M (+0.9%); net income $24.8M (-5.2%).
Stockholders approved amendment to 2020 Stock Incentive Plan, increasing authorized shares from 1,252,500 to 1,652,500.
Six directors elected; all received over 20M 'for' votes, with Patricia Gallup and David Beffa-Negrini receiving ~20.7M and 21.1M respectively.
PC Connection Q1 sales up 10.9% to $701M; adjusted EPS $0.60
Net income $13.5M ($0.51 diluted EPS) vs $13.2M ($0.50) YoY; adjusted diluted EPS $0.60 vs $0.50.
PC Connection Q4 EPS $0.78 vs $0.90; net sales up 1.8%; declares $0.15 quarterly dividend
Net income Q4 $20.7M (-12.9% y/y); diluted EPS $0.78 vs $0.90; full year EPS $3.29 vs $3.15.
PC Connection Q3 net sales +4.6% to $724.7M; diluted EPS $1.02; declares $0.10 quarterly dividend
Net income rose 5.7% to $27.1M; diluted EPS of $1.02 vs $0.97 YoY; adjusted diluted EPS flat at $0.97.
PC Connection posts record Q2 net income of $26.2M, EPS $0.99, up 32.8%
Net sales $736.5M (+0.4% y/y); gross margin expanded 112 bps to 18.5%.
Six directors elected: all nominees received >21.8M for votes; broker non-votes 630,592.
Q1 net sales down 13.1% YoY to $632M; diluted EPS $0.50 vs $0.54
Net sales $632.0M (-13.1% YoY); net income $13.2M (-7.4%); diluted EPS $0.50.
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%).
Connection reports record Q3 net income of $25.6M; EPS up 10.4% to $0.97; declares $0.08 dividend
Net sales $693.1M, down 10.6% YoY; gross margin expanded 142 bps to record 19.0%.
PC Connection Q2 net sales down 11.5% YoY, EPS $0.75 vs $0.96
Net sales $733.5M (-11.5% YoY); net income $19.7M (-22.4%); diluted EPS $0.75 (-22.3%).
PC Connection amends credit facility to replace LIBOR with BSBY benchmark rate
Fourth Amendment to Third Amended and Restated Credit and Security Agreement, effective June 13, 2023.
PC Connection shareholders approve 250K-share increase to 2020 Stock Incentive Plan
Stockholders approved amendment to 2020 Plan, increasing authorized shares from 1,002,500 to 1,252,500.
PC Connection Q1 net sales $727.5M (-7.7% YoY); diluted EPS $0.54 (-34.9%); declares $0.08 dividend
Net income $14.2M, down 34.8% YoY; adjusted EPS $0.56, down 31.9%.
PC Connection guides Q1 net sales down 7-9%, EPS $0.53-$0.55
Q1 net sales expected 7-9% lower YoY due to cautious IT spending and lower endpoint device sales.
PC Connection Q4 net sales down 8.5% YoY; FY 2022 record EPS $3.37, up 27%
Q4 net sales $732.5M (-8.5% YoY); net income $18.8M (-15.9%); diluted EPS $0.71 (-16.2%).
PC Connection declares $0.34 special dividend, boosts buyback by $25M
Special cash dividend of $0.34 per share; payable Dec 23, 2022 to holders of record Dec 5, 2022.
PC Connection Q3 EPS $0.88, net income +15.8%; gross margin record 17.6%
Diluted EPS $0.88, up 15.4% YoY; net income $23.2M (+15.8%).
Connection (CNXN) reports record Q2: net sales $828.5M, EPS $0.96, up 46.5% YoY
Record net sales $828.5M (+17.7% YoY); record net income $25.4M (+46.9% YoY); record diluted EPS $0.96 (+46.5% YoY).
PC Connection shareholders approve 100K-share increases to two equity plans
2020 Stock Incentive Plan share authorization raised from 902,500 to 1,002,500 shares.
PC Connection Q1 net sales $788.3M (+23.8% YoY); net income $21.8M (+114%); diluted EPS $0.83
Diluted EPS of $0.83, up 113.6% from $0.39; net income $21.8M vs $10.2M.
PC Connection elects Jay Bothwick to Board, expands to six directors
Board expanded from five to six directors; Jay Bothwick elected effective March 25, 2022.
PC Connection Q4 2021 net sales up 18.4% YoY to $800.2M, diluted EPS $0.85 (+37.1%)
Q4 2021 net sales $800.2M, gross profit $127.0M; net income $22.4M (+37.4% YoY).
Connection Q3 revenue $751.4M (+15.1%), EPS $0.76; notebook sales record
Net sales $751.4M, up 15.1% YoY; diluted EPS $0.76, up 18.1% YoY from $0.64.
PC Connection declares special cash dividend of $1.00 per share
Special dividend of $1.00 per share payable December 3, 2021 to holders of record November 18, 2021.
PC Connection Q2 net sales up 28% to $704.2M; EPS $0.66 vs $0.29 YoY
Net sales $704.2M (+28% YoY), net income $17.3M (+126%), diluted EPS $0.66 (+126% YoY).
On March 25, 2022, the Board of Directors (the “Board”) of PC Connection, Inc. (the “Company”), elected Jay Bothwick to the Board, effective immediately, and expanded the size of the Board from five (5) to six (6) directors, also effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event earnings