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, a leading IT solutions provider, has been awarded a $125 million Blanket Purchase Agreement to provide Microsoft products and services to the U.S. Courts and Federal Judiciary. The agreement includes a base period of three years with a three-year option, emphasizing the company's commitment to meeting the technology needs of the Federal Government.
Connection, a leading information technology solutions provider, has been named to Newsweek's Most Trustworthy Companies in America list for the third consecutive year. The company's President and CEO, Tim McGrath, expressed gratitude for the recognition, emphasizing the importance of integrity, transparency, and trust in their relationships with customers, partners, employees, and investors.
Connection (CNXN) reported its first quarter 2024 results with net sales of $632.0 million, a 13.1% decrease year-over-year. Gross profit was $118.1 million, down 3.5% year-over-year. Net income dropped by 7.4% to $13.2 million, with diluted EPS at $0.50. The company also declared a $0.10 quarterly dividend per share and increased its share repurchase program by $40.0 million.
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