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Dec 31, 2021
PC Connection Q4 2021 Earnings Report
Reported record revenue and gross profit for the fourth quarter, driven by the Enterprise and Business Solutions segments.
Key Takeaways
Connection (PC Connection, Inc.) reported strong Q4 2021 results, with net sales increasing by 18.4% year-over-year to $800.2 million and net income increasing by 37.4% to $22.4 million, or $0.85 per diluted share. The company's performance was driven by strong growth in the Enterprise and Business Solutions segments, and was significantly impacted by the ongoing needs of customers to work-from-anywhere.
Net sales increased by 18.4% to $800.2 million compared to the prior year quarter.
Net income increased by 37.4% to $22.4 million, or $0.85 per diluted share, compared to the prior year quarter.
Business Solutions segment net sales increased by 14.4% to $303.5 million.
Enterprise Solutions segment net sales increased by 33.3% to $367.3 million.
Revenue by Segment
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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