CDW's Q4 Earnings In line With Estimates, Revenues Down Y/Y

CDW Corporation (CDW) reported fourth-quarter 2023 non-GAAP earnings per share (EPS) of $2.57, which matched the Zacks Consensus Estimate. Also, the bottom line rose 2.8% year over year.The company’s revenues decreased 7.7% year over year to $5.018 billion. Net sales decreased 8.1% at constant currency. The downtick was caused due to weakness across all business segments. Also, quarterly revenues failed to beat the consensus mark of $5.359 billion.Separately, the company announced a quarterly dividend of 62 ...