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Sep 30, 2024
PC Connection Q3 2024 Earnings Report
Achieved record net income and EPS in Q3 2024, despite a challenging IT environment
Key Takeaways
Connection reported a 4.6% increase in net sales to $724.7 million and a 5.7% increase in net income to $27.1 million, resulting in a diluted EPS of $1.02. The company's focus on working capital and operational efficiencies enabled investments in AI readiness, technical sales, and customer engagements.
Net sales increased by 4.6% year-over-year to $724.7 million.
Net income increased by 5.7% year-over-year to $27.1 million.
Diluted EPS reached $1.02, compared to $0.97 in the prior year.
The Board of Directors declared a quarterly dividend of $0.10 per share.
Revenue by Segment
Forward Guidance
No forward guidance provided in this report.
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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