PC Connection ( (CNXN) ) has provided an announcement.
Connection reported robust financial performance for Q3 2024, with net sales rising by 4.6% to $724.7 million and net income climbing by 5.7% to $27.1 million. The company declared a quarterly dividend, highlighting its strong earnings per share of $1.02 amidst a challenging IT landscape. These results were driven by strategic investments in AI readiness and operational efficiencies, positioning Connection well for future technological shifts.
For an in-depth examination of CNXN stock, go to TipRanks’ Stock Analysis page.