Loading...
•
Dec 31, 2022
PC Connection Q4 2022 Earnings Report
Q4 2022 results were reported, showing a decrease in net sales and net income but an increase in gross margin.
Key Takeaways
Connection reported a decrease in net sales and net income for Q4 2022, while gross margin increased. Despite Q4 headwinds, the company achieved record full-year results.
Net sales decreased by 8.5% year-over-year to $732.5 million.
Gross profit decreased by 2.1% year-over-year to $124.3 million, but gross margin expanded to 17.0%.
Net income decreased by 15.9% year-over-year to $18.8 million, with diluted EPS at $0.71.
Business Solutions segment net sales decreased by 7.5%, Public Sector Solutions decreased by 9.4%, and Enterprise Solutions decreased by 8.9%.
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
Loading earnings performance data...
Loading earnings reaction data...