PCM Reports Record Second Quarter Results
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PCM, Inc. (PCMI) Surges Following Blow-Out Q2
July 27, 2016 6:39 PM EDTPCM, Inc. (NASDAQ: PCMI) is surging 25% in after-hours trading Wednesday after the company Q2 EPS of $0.66, versus $0.26 reported last year. Revenue for the quarter came in at $581 million, up 21% from last year's $478.87 million.
GUIDANCE:
PCM, Inc. sees FY2016 EPS of $1.51-$1.64. PCM, Inc. sees FY2016 revenue of $2.2-2.23 billion.
Frank Khulusi, Chairman and CEO of PCM, Inc., commented, The second quarter results reflect an exciting time for PCM. We smashed our EPS guidance by beating the high-end of our range by $0.24. Our gross sales also exceeded the... More
