Welcome to our dedicated page for Pc Connection news (Ticker: CNXN), a resource for investors and traders seeking the latest updates and insights on Pc Connection stock.
PC Connection, Inc. (CNXN) delivers essential IT solutions and procurement services to businesses, government agencies, healthcare providers, and educational institutions worldwide. This news hub provides investors and technology professionals with timely updates on corporate developments, strategic partnerships, and market positioning in the evolving IT services sector.
Access official press releases and curated news coverage spanning earnings announcements, product launches, leadership updates, and industry recognition. The curated collection enables stakeholders to track CNXN's progress in delivering value-driven technology solutions while maintaining compliance with sector-specific requirements.
Key focus areas include enterprise IT infrastructure developments, public sector technology initiatives, and global procurement expansions. Users will find updates on Connection's efforts to address digital transformation challenges through innovative hardware/software solutions and expert technical guidance.
Bookmark this page for streamlined access to CNXN's latest corporate communications. Check regularly for updates on technology partnerships, service expansions, and financial performance metrics relevant to investment research and sector analysis.
Connection (NASDAQ: CNXN) has achieved all four Microsoft Security Specializations, demonstrating comprehensive proficiency in Cloud Security, Identity and Access Management, Information and Protection Governance, and Threat Protection. These specializations validate Connection's ability to deliver Microsoft-based security solutions, measured through performance, skilling, and customer success.
The company holds multiple Microsoft Solutions Partner designations and capabilities, including being an AI Cloud Microsoft Solutions Partner and Azure Expert Managed Services Provider. This achievement strengthens Connection's position as a leading Microsoft Security partner and showcases their investment in technical expertise and solution-building capabilities to help customers integrate advanced security measures.
Connection (NASDAQ: CNXN) has been awarded Samsung's National Partner of the Year 2024 recognition for their outstanding performance and customer value delivery. The company achieved remarkable 267% year-over-year growth and exceeded target goals across all product groups. Connection's success includes supporting major clients such as one of the fastest-growing auto manufacturers and a top 3 mobile carrier.
The award acknowledges Connection's role as a leading IT solutions provider serving business, government, healthcare, and education markets. Tim McGrath, Connection's President and CEO, emphasized their commitment to providing world-class customer experience, while Sara Grofcsik, Head of Sales at Samsung's B2B Display Division, praised Connection's dedication to driving results.
Connection (NASDAQ: CNXN) announces the 5th annual IT Superhero Awards, celebrating exceptional IT professionals across various industries. The awards program, which runs through July 7, 2025, recognizes outstanding contributions in five categories: Best Team Leader, Best Rookie, Best Catch, Best Superpower, and Most Unshakeable.
Winners will be announced at the Connection Technology Summit in Phoenix on October 2, 2025. The Ultimate IT Superhero, selected from category winners, will be awarded. Winners can direct donations to chosen charities: $1,500 for category winners and $3,000 for the Ultimate IT Superhero, benefiting Feeding America, NPower, or the National Center for Women & Information Technology.
Connection (NASDAQ: CNXN) has been awarded Intel's 2025 Partner of the Year award for AI PC, recognizing their excellence in technology innovation and marketing strategies. The company has demonstrated strong performance in AI PC sales and solutions expertise through their CNXN Helix Center for Applied AI and Robotics and Technology Integration and Distribution Center.
CEO Tim McGrath emphasized the company's focus on capturing market share during the PC refresh cycle by providing embedded AI devices along with comprehensive solutions and services. The recognition from Intel, delivered by Greg Ernst, Corporate VP of Sales and Marketing, highlights Connection's role in delivering innovative solutions to customers across business, government, healthcare, and education markets.
Connection (CNXN) reported strong Q1 2025 results with net sales reaching $701.0 million, up 10.9% year-over-year. The company's net income increased 2.5% to $13.5 million, with diluted EPS of $0.51. Adjusted EPS rose to $0.60.
Key highlights include a quarterly dividend of $0.15 per share and a $50 million increase to the share repurchase program. The company saw double-digit growth in digital workplace solutions and datacenter modernization. Notebook/mobility and desktop sales grew 21%, representing 50% of net sales.
Segment performance varied, with Public Sector Solutions showing remarkable growth of 54.7%, Business Solutions up 1.0%, and Enterprise Solutions increasing 5.4%. The company maintained strong liquidity with $340.3 million in cash and short-term investments as of March 31, 2025.
Connection (NASDAQ: CNXN), a leading IT solutions provider serving business, government, healthcare, and education markets, has announced it will release its Q1 2025 operating results after market close on Wednesday, April 30, 2025.
The company will host a quarterly conference call at 4:30 p.m. EDT on the same day to discuss the results. Interested participants can register to receive dial-in information and a unique PIN for telephone access. Additionally, the conference call will be available via live webcast through the investor relations section of Connection's website.
Connection (NASDAQ: CNXN), a leading IT solutions provider, has received two prestigious awards from HP Inc. at the HP AMPLIFY Conference in Nashville. The company was honored as the HP U.S. Commercial Supplies Partner of the Year and HP U.S. Print Hardware NSP of the Year.
These awards recognize Connection's outstanding performance, growth, and collaboration in the HP partnership ecosystem. Tim McGrath, President and CEO of Connection, emphasized the company's commitment to their longstanding partnership with HP and their focus on customer service. The recognition underscores Connection's dedication to providing innovative technology solutions that enhance productivity and value across business, government, healthcare, and education markets.
Connection (NASDAQ: CNXN) has been named to the Forbes America's Best Midsize Employers list for the third consecutive year. This recognition highlights the company's success in maintaining a supportive and engaging work environment for its employees in the information technology solutions sector.
The prestigious ranking is based on an independent survey of over 217,000 U.S. employees from companies with at least 1,000 workers nationwide. The evaluation criteria included key dimensions such as Atmosphere & Development, Salary & Wage, Company Image, Diversity, Working Conditions, and Workplace Environment.
Tim McGrath, President and CEO, emphasized the company's commitment to employee empowerment and continued investment in their workforce. The Forbes America's Best Employers ranking, now in its tenth year, recognizes organizations that excel in creating environments where employees can thrive.
Connection (CNXN) reported mixed Q4 2024 results with net sales increasing 1.8% to $708.9 million, while net income decreased 12.9% to $20.7 million. Q4 diluted EPS was $0.78, down from $0.90 year-over-year. For full-year 2024, despite a 1.7% decrease in net sales to $2.8 billion, the company achieved record gross margins of 18.6% and a 4.6% increase in net income to $87.1 million.
By segment, Business Solutions saw a 3.7% decrease in sales, Public Sector Solutions grew 42.9%, and Enterprise Solutions declined 6.4%. The company declared a quarterly dividend of $0.15 per share, payable March 14, 2025. Cash position strengthened to $442.6 million, up from $297.2 million year-over-year.
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