PC Connection (NASDAQ:CNXN) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.80b (down 1.7% from FY 2023).
• Net income: US$87.1m (up 4.6% from FY 2023).
• Profit margin: 3.1% (up from 2.9% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$3.31 (up from US$3.17 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

PC Connection Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US.

The company's shares are down 2.7% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on PC Connection's balance sheet health.

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