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PC Connection (CNXN) Stock News

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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., doing business as Connection, provides information technology solutions for business, government, healthcare and education markets. The company sells computer systems, software, peripherals, networking products and related accessories, and also provides design, configuration and implementation services for IT environments.

News about CNXN commonly covers quarterly operating results, gross billings, gross profit, segment activity in Business Solutions, Enterprise Solutions and Public Sector Solutions, and capital-return actions such as dividends and share repurchase authorizations. Company updates also address custom-configured IT solutions, supply-chain tools such as MarkITplace, GlobalServe international procurement services, managed security offerings and customer technology priorities including data center modernization, digital workplace transformation and AI-related infrastructure demand.

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Connection (NASDAQ: CNXN) announced that it has been awarded a NASA Solutions for Enterprise-Wide Procurement (SEWP) VI Category A Government-Wide Acquisition Contract through its GovConnection subsidiary, doing business as Connection Public Sector Solutions. NASA SEWP VI is the sixth iteration of NASA’s government-wide IT procurement vehicle, providing all federal agencies access to information technology products and related services.

According to Connection, the award strengthens its ability to support federal agencies with a broad portfolio of IT hardware, software, peripherals, and services, and expands flexible acquisition options. Connection has participated in every NASA SEWP contract vehicle for more than two decades. Over the past 10 years, the SEWP V contract generated more than $80 billion in sales across all awardees, highlighting the scale of this procurement channel.

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Connection (NASDAQ: CNXN) announced it has achieved HPE Triple Platinum Plus status, the highest tier in the HPE Partner Ready Vantage Program. The designation recognizes Connection’s commercial performance, country-level sales thresholds, and sustained investment in HPE certifications, competencies, and joint business planning.

As an HPE Triple Platinum Plus partner, Connection gains enhanced access to HPE offerings, dedicated business and support resources, and closer collaboration to deliver secure, scalable hybrid cloud, compute, storage, and networking solutions for business, government, healthcare, and education customers.

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Connection (NASDAQ: CNXN) reported strong second quarter 2026 results, with net sales of $854.0 million, up 12.4% year over year, and gross billings of $1.2 billion, up 14.0%. Gross profit rose to $157.5 million, lifting gross margin to 18.4%, up 30 basis points.

Net income increased 33.8% to $33.2 million, or $1.31 diluted EPS. For the first half of 2026, net sales reached $1.6 billion (+7.9%) and net income $50.4 million (+31.7%). The Board declared a quarterly dividend of $0.20 per share, payable August 28, 2026 to shareholders of record on August 11, 2026. LTM Adjusted EBITDA was $144.5 million, up 18%.

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Connection (NASDAQ: CNXN) announced it will release its second quarter 2026 operating results after the market close on Wednesday, July 29, 2026. Management will discuss the results on a conference call at 4:30 p.m. EDT, accessible via pre-registered telephone dial-in and a live webcast with replay through the company’s investor relations website.

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Connection (NASDAQ:CNXN) was named one of America’s Best Companies 2026 by TIME in collaboration with Statista, ranking #449 of 1,000.

The recognition is based on data-driven assessment of employee satisfaction, financial performance, and ESG transparency, reflecting Connection’s focus on people, technology solutions, and sustainable practices.

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Connection (NASDAQ:CNXN) was named the 2026 Dell Technologies North America Channel Services Sales Partner of the Year. The award recognizes Connection’s services sales performance, delivery quality, and support of customer digital transformation through Dell Technologies solutions across the full IT lifecycle, from design and deployment to optimization and support.

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Connection (NASDAQ: CNXN) was named Americas Rising Star Partner of the Year in the 2025 VMware by Broadcom Partner Awards. The honor highlights Connection’s rapid VMware practice growth, technical expertise, and customer-focused solutions that modernize IT, cloud, and security environments across business, government, healthcare, and education markets.

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Connection (NASDAQ: CNXN) reported Q1 2026 results: net sales $721.9M (+3.0% y/y), gross billings $1.0B (+4.3% y/y), gross profit $132.7M (+4.3% y/y) and net income $17.2M (+27.8% y/y). Diluted EPS was $0.68; Adjusted diluted EPS was $0.77. The Board declared a quarterly dividend of $0.20 per share payable May 29, 2026. Cash and short-term investments were $411.4M as of March 31, 2026.

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Connection (NASDAQ: CNXN) will release its first quarter 2026 operating results after market close on April 29, 2026. Management will review results during a conference call at 4:30 p.m. EDT the same day, with a live webcast and replays available online.

Telephone participants must register to receive a dial-in number and unique PIN; the webcast and replays are accessible via the company's investor relations site.

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Connection (NASDAQ: CNXN) achieved Dell Technologies Partner Program Titanium Black status for 2026, the highest partner tier. This recognition places Connection among Dell's most strategic partners and highlights its capability to deliver scalable, end-to-end IT solutions to business, government, healthcare, and education customers.

The designation underscores partnership depth with Dell and signals enhanced access to Dell resources and joint go-to-market collaboration in 2026.

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FAQ

What is the current stock price of PC Connection (CNXN)?

The current stock price of PC Connection (CNXN) is $85.76 as of September 12, 2026.

What is the market cap of PC Connection (CNXN)?

The market cap of PC Connection (CNXN) is approximately 2.2B.