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PC Connection (CNXN)
NASDAQ:CNXN
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.97Last Year’s EPS
1Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 9.74%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were strong revenue growth and positive developments in certain segments and markets, there were also challenges such as declining gross margins and operational cash flow issues. The company showed resilience and strategic initiatives to manage these challenges, but the presence of significant lowlights alongside the highlights results in a balanced outlook.Company Guidance
During the first quarter of fiscal year 2025, Connection reported consolidated net sales of $701 million, marking a 10.9% increase compared to the same period in 2024. Gross profit rose by nearly 8% to $127.3 million, although gross margins slightly decreased to 18.2%. Operating income reached $14.5 million, reflecting a 7.9% growth, with operating income excluding severance expenses up by 29.6% to $17.5 million. Net income was $13.5 million, a 2.5% rise from the previous year, and diluted earnings per share increased by 2% to $0.51, while adjusted diluted earnings per share surged by 20% to $0.60. Notebooks and desktops net sales saw a significant uptick of 21% year-over-year. Despite a dynamic macroeconomic environment, including tariff concerns, Connection maintained its momentum in advanced technologies and integrated solutions, with a 7% increase in revenue driven by software and server storage solutions. The company also noted its highest backlog in nearly two years and projected to outperform the U.S. IT market growth by 200 basis points for the year.Revenue Growth
Consolidated net sales increased by 10.9% to $701 million in the first quarter of fiscal year 2025.
Public Sector Sales Increase
Public Sector Solutions net sales increased by 54.7% year-over-year, with significant contributions from federal government sales.
Adjusted Earnings Per Share
Adjusted diluted earnings per share increased by 20% to $0.60 compared to Q1 2024.
Share Buyback Program
The company repurchased 697,000 shares, reducing outstanding shares by 2.7% and announced an additional $50 million for share repurchases.
Vertical Market Success
Financial Services net sales increased by 32% and healthcare net sales grew by 13% year-over-year.
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CNXN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CNXN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 30, 2025 | $62.04 | $66.39 | +7.01% |
| Feb 05, 2025 | $71.56 | $63.83 | -10.80% |
| Oct 30, 2024 | $67.10 | $63.42 | -5.48% |
| Jul 31, 2024 | $71.20 | $74.68 | +4.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does PC Connection (CNXN) report earnings?
PC Connection (CNXN) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is PC Connection (CNXN) earnings time?
PC Connection (CNXN) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNXN EPS forecast?
CNXN EPS forecast for the fiscal quarter 2025 (Q2) is 0.97.
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