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PC nection(CNXN) - 2024 Q2 - Quarterly Results
PC nectionPC nection(US:CNXN)2024-07-31 20:05

Exhibit 99.1 Investor Relations Contact: Thomas Baker, 603.683.2505 Senior Vice President, CFO, and Treasurer tom@connection.com CONNECTION (CNXN) REPORTS SECOND QUARTER 2024 RESULTS Record Quarter for Net Income and Earnings per Share SECOND QUARTER SUMMARY: ● Net sales: $736.5 million, increase of 0.4% y/y ● Gross profit: $136.5 million, up 6.9% y/y ● Gross margin: 18.5%, up 112 basis points y/y ● Net income: $26.2 million, increase of 32.8% y/y ● Diluted EPS: $0.99, compared to $0.75 Merrimack, NH—July 3 ...