Connection reports Q3 EPS $1.02, two estimates $1.00

Reports Q3 revenue $724.7M, two estimates $727.0M. “Connection (CNXN) achieved record net income and earnings per share of $1.02 cents for the third quarter of 2024, in a challenging IT environment. Our focus on working capital and operational efficiencies enabled us to invest in AI readiness, technical sales and customer engagements,” said Timothy McGrath, President and Chief Executive Officer of Connection. He continued, “This will position us well for the shifting dynamics of how customers deploy, utilize, and consume technology.”