CNXN
PC Connection, Inc.60.98
+1.49+2.5%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.55BP/E (TTM)
18.82Basic EPS (TTM)
3.24Dividend Yield
0.01%Recent Filings
10-Q
8-K
10-Q
Q2 FY2025 results
PC Connection's Q2 revenue climbed 3.2% year-over-year to $759.7M, fueled by stronger enterprise and business solutions, yet public sector dipped 11.9% on delayed K-12 buys. Gross margin slipped to 18.1% from 18.5%, hit by lower software fees, while operating income held steady at $30.9M. Diluted EPS edged down to $0.97 from $0.99, matching 25,520,000 shares. Cash swelled to $186.7M with $159.4M in short-term investments; free cash flow turned negative at -$29.5M (derived) amid inventory builds for tariffs. Stock buybacks totaled $60.5M. Substantial competition could squeeze margins further.
8-K
Q2 sales rise 3.2%
PC Connection reported Q2 2025 net sales of $759.7 million, up 3.2% year-over-year, fueled by data center refreshes and Windows 11 migrations boosting servers/storage and endpoint devices. Gross margin slipped 40 basis points to 18.1%, while net income dipped 5.2% to $24.8 million, or $0.97 diluted EPS. The board declared a $0.15 quarterly dividend, payable August 29. Enterprise and business segments grew, but public sector sales fell 11.9%. Cash reserves stand strong at $346.1 million.
8-K
Annual meeting approvals passed
PC Connection, Inc. held its 2025 Annual Meeting on May 14, electing six directors—Patricia Gallup, David Beffa-Negrini, Jay Bothwick, Barbara Duckett, Jack Ferguson, and Gary Kinyon—to serve until 2026, with strong support for most but notable withheld votes for Gallup and Beffa-Negrini. Stockholders approved executive compensation advisory, a three-year frequency for future votes, amendments boosting shares in the 2020 Stock Incentive Plan to 1,652,500 and the 1997 Employee Stock Purchase Plan to 1,352,500, and ratified Deloitte & Touche LLP as auditors for 2025. All directors won. These moves signal robust governance alignment.
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