Connection (CNXN) Tops Q1 EPS by 5c

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Connection (CNXN) Reports First Quarter 2019 Results

May 2, 2019 4:05 PM EDT

Net Income Increases by 12.6% from Prior Q1

FIRST QUARTER SUMMARY:

Net income: $12.7 million, up 12.6% y/y Gross profit: $99.3 million, up 3.1% y/y Record gross margin: 15.7%, compared to 15.4% Diluted EPS: $0.48, compared to $0.42 y/y, up 14.3% Cash balance: $93.5 million

MERRIMACK, N.H.--(BUSINESS WIRE)-- Connection (PC Connection, Inc.; NASDAQ:... More