https://assets.capyfin.com/instruments/678fdc13234e27009c5d5887.png avatar
CDW
🇺🇸 NASDAQ:CDW
View Company
OverviewEarningsDividends
•
Jun 30, 2020

CDW Q2 2020 Earnings Report

CDW's financial results reflected variances across diversified customer end markets due to the COVID-19 pandemic, with customer priorities including remote enablement, business continuity, security, optimization, and digital transformation.

Key Takeaways

CDW Corporation reported a decrease in net sales by 5.7 percent, while public segment net sales increased by 9.9 percent. The company's financial results reflected variances across diversified customer end markets related to the impact of the COVID-19 pandemic.

Total Net sales decreased by 5.7 percent compared to the second quarter of 2019.

Corporate segment Net sales decreased by 17.3 percent compared to the second quarter of 2019.

Small Business segment Net sales decreased by 19.9 percent compared to the second quarter of 2019.

Public segment Net sales increased by 9.9 percent compared to the second quarter of 2019, driven by Government and Education customers.

Total Revenue
$4.37B
Previous year: $4.63B
-5.7%
EPS
$1.56
Previous year: $1.6
-2.5%
Gross Profit
$747M
Previous year: $774M
-3.4%
Cash and Equivalents
$958M
Previous year: $195M
+392.8%
Free Cash Flow
$218M
Previous year: $138M
+58.6%
Total Assets
$8.75B
Previous year: $7.92B
+10.4%

CDW

CDW

CDW Revenue by Segment

Forward Guidance

While the depth and duration of the impact from COVID-19 remain unknowable, CDW is confident that technology will continue to be essential throughout this health and economic crisis and the recovery beyond.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View CDW