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Sep 30, 2023
PC Connection Q3 2023 Earnings Report
Net income and earnings per share reached record levels.
Key Takeaways
Connection reported a decrease in net sales by 10.6% year-over-year, but net income increased by 10.3% and diluted EPS increased by 10.4% to $0.97. Gross margin expanded to a record 19.0% due to improved mix of advanced technologies and integrated solutions.
Net sales decreased by 10.6% year-over-year.
Gross profit decreased by 3.5% year-over-year.
Net income increased by 10.3% year-over-year.
Diluted EPS increased by 10.4% year-over-year to $0.97.
Revenue by Segment
Forward Guidance
This earnings release contains forward-looking statements regarding future events, financial results, business plans, new products and services, expenditures, costs, investments, liabilities, impairments, competition, and macroeconomic conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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