Pc Connection ( (CNXN) ) has released its Q2 earnings. Here is a breakdown of the information Pc Connection presented to its investors.
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PC Connection, Inc., operating under the name Connection, is a prominent information technology solutions provider serving business, government, healthcare, and education markets. The company is known for its rapid-response IT services and extensive product offerings, with a strong presence in the United States and international markets through its GlobalServe subsidiary.
In its latest earnings report for the second quarter of 2025, Connection reported net sales of $759.7 million, marking a 3.2% increase year-over-year. Despite the challenging economic environment, the company maintained its growth trajectory, supported by customer investments in data center upgrades and the transition to Windows 11. However, net income saw a decline of 5.2% to $24.8 million, with diluted earnings per share slightly down to $0.97 from $0.99 in the previous year.
Key financial highlights include a gross profit increase of 0.9% to $137.8 million, although the gross margin decreased by 40 basis points to 18.1%. The Business Solutions segment experienced a 5.4% rise in net sales, while the Enterprise Solutions segment saw a 9.1% increase. Conversely, the Public Sector Solutions segment faced an 11.9% decline in net sales. Notably, notebook and desktop sales grew by 6%, contributing significantly to the overall sales mix.
Looking ahead, Connection remains focused on delivering value through integrated IT solutions and superior customer service. The company’s management is optimistic about sustaining growth, despite the dynamic economic landscape, by leveraging its expertise in advanced technologies and maintaining strong customer relationships.