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Mar 31, 2022
PC Connection Q1 2022 Earnings Report
Reported record results for the first quarter of 2022.
Key Takeaways
Connection reported a strong first quarter in 2022 with net sales increasing by 23.8% year-over-year to $788.3 million and net income increasing by 114.0% to $21.8 million, or $0.83 per diluted share.
Net sales increased by 23.8% year-over-year to $788.3 million.
Gross profit increased by 27.6% year-over-year to $128.3 million.
Net income increased by 114.0% year-over-year to $21.8 million.
Diluted EPS increased by 113.6% year-over-year to $0.83.
Revenue by Segment
Forward Guidance
Statements in this release, other than statements of historical fact, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve important risks and uncertainties that could cause actual results to differ materially from those predicted in such forward-looking statements.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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