PC Connection (NASDAQ:CNXN – Get Free Report) released its earnings results on Wednesday. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.14), Zacks reports. PC Connection had a net margin of 2.98% and a return on equity of 10.21%. The company had revenue of $632.03 […]
FIRST QUARTER SUMMARY:
Net sales: $632.0 million, decrease of 13.1% y/y
Gross profit: $118.1 million, down 3.5% y/y
Gross margin: 18.7%, up 187 basis points y/y
Net income: $13.2 million,.
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