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The latest announcement is out from CDW Holding ( (SG:BXE) ).
CDW Holding Limited has announced that it expects to report an operating loss for the financial year ended December 31, 2024, primarily due to a significant decline in its LCD backlight units segment, which saw a 40% reduction in delivery and approximately a $30 million drop in sales. This announcement signals potential challenges for the company and advises shareholders and investors to exercise caution when dealing with the company’s shares.
More about CDW Holding
CDW Holding Limited, incorporated in Bermuda, operates in the technology industry with a focus on manufacturing LCD backlight units (BLU) among other products.
YTD Price Performance: -5.00%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $20.19M
For detailed information about BXE stock, go to TipRanks’ Stock Analysis page.
