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PC Connection, Inc. - CNXN STOCK NEWS

Welcome to our dedicated news page for PC Connection (Ticker: CNXN), a resource for investors and traders seeking the latest updates and insights on PC Connection.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PC Connection's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PC Connection's position in the market.

Rhea-AI Summary
Connection (CNXN) announces the fourth annual IT Superhero Awards program to honor IT professionals for their exceptional work in protecting data, solving challenges, and keeping organizations secure. The program, open to professionals across all industries, will culminate in the announcement of the Ultimate IT Superhero at the Connection Technology Summit in Boston, MA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
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Rhea-AI Summary
Connection (CNXN) has been named the 2024 HP U.S. Personal Systems National Solutions Provider Partner of the Year. This recognition highlights their exceptional growth and innovation in helping customers deploy, integrate, and manage the latest technology. The company's commitment to building strategic relationships with HP and investing in capabilities showcases their dedication to meeting the evolving needs of the workforce and driving growth and productivity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.02%
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Rhea-AI Summary
Connection (CNXN) demonstrates broad proficiency in all six Microsoft solution areas, earning Microsoft Solutions Partner designations for Business Applications, Modern Work, Security, Azure Data & AI, Azure Infrastructure, and Azure Digital & App Innovation. The company's commitment to excellence and exceptional service is highlighted through this achievement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
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Rhea-AI Summary
Connection (CNXN) climbs to #13 on Forbes America’s Best Employers list for 2024, up from #88 in 2023, showcasing exceptional employee satisfaction and work environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
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Rhea-AI Summary
Connection (CNXN) announces Q4 and full-year 2023 results with net sales down, gross profit up, and increased dividend. The company shows growth in advanced technologies and profitability despite soft market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.41%
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earnings
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Rhea-AI Summary
Connection (CNXN) to release Q4 and full-year 2023 operating results on February 14, 2024. Management to review results during quarterly conference call at 4:30 p.m. EST. Participants can join via telephone or live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
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Connection (PC Connection, Inc.; NASDAQ: CNXN) has launched the Helix Center for Applied AI and Robotics, providing expertise and resources to help organizations realize the benefits of artificial intelligence and automation. President and CEO Tim McGrath and Chief Growth and Innovation Officer Jamal Khan express excitement for the potential of AI and the company's commitment to delivering exceptional AI value outcomes for customers.
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Rhea-AI Sentiment
End-of-Day
1.4%
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AI
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Connection (PC Connection; NASDAQ: CNXN) secures renewal of Microsoft Azure Expert Managed Service Provider status, demonstrating exceptional customer service and cloud expertise. The company has significantly grown its Azure managed services revenue since receiving its initial recognition in 2021.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
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Rhea-AI Summary
Connection (PC Connection, Inc.; NASDAQ: CNXN) announced the winners of the third annual IT Superhero Awards during Connection’s Technology Summit. The 2023 IT Superhero Award winners, chosen by a panel of four judges, include Best Team Leader, Best Rookie, Best Catch, Most Unshakeable, and Best Superpower. Johan Dowdy was recognized as the Ultimate IT Superhero Award winner. The awards aim to celebrate resourcefulness, innovation, and leadership in IT departments across the country.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
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Rhea-AI Summary
Connection (PC Connection, Inc.) reported a record quarter for net income and earnings per share. Net sales decreased by 10.6% year over year, while gross profit decreased by 3.5%. However, net income increased by 10.3% to $25.6 million, and diluted EPS increased by 10.4% to $0.97. The company's board of directors also declared a quarterly dividend of $0.08 per share on the company's common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.99%
Tags
earnings
PC Connection, Inc.

Nasdaq:CNXN

CNXN Rankings

CNXN Stock Data

1.73B
11.46M
56.52%
43.74%
0.78%
Business to Business Electronic Markets
Wholesale Trade
Link
US
Merrimack

About CNXN

as a global it solutions provider, we connect people with technology that enhances growth, elevates productivity, and empowers innovation. founded in 1982, connection delivers valuable it services and advanced technology solutions to business, government, healthcare, and education markets. today, we serve our customers through our staff of highly trained account managers, our team of on-staff experts, and our efficient procurement websites. additionally, we deliver global procurement solutions through our network of 500 suppliers in 174 countries. twice recognized by forbes as one of “america’s most trustworthy companies,” our goal is to provide customers with the expert guidance, state-of-the-art tools, and exceptional service to solve their technology challenges. throughout our community, we strive to inspire success and increase the value of it investments. our values respect: we are united by one common vision. we work together to create a winning culture built upon mutual trust an