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PC Connection ( (CNXN) ) has provided an update.
On April 30, 2025, Connection reported its first quarter 2025 financial results, highlighting a 10.9% increase in net sales to $701 million and a 2.5% rise in net income to $13.5 million. The company announced a quarterly dividend of $0.15 per share and a $50 million increase in its share repurchase program, bringing the total authorization to $170 million. The results reflect strong demand for digital workplace solutions and datacenter modernization, contributing to a 20% growth in adjusted earnings per share. The Public Sector Solutions segment saw significant growth, with a 54.7% increase in net sales, driven by a 228% rise in federal government sales.
Spark’s Take on CNXN Stock
According to Spark, TipRanks’ AI Analyst, CNXN is a Neutral.
PC Connection’s stock is supported by strong financial fundamentals and a stable balance sheet, though technical indicators suggest bearish momentum. Valuation appears fair with a reasonable P/E ratio, and while the earnings call highlights challenges, it also provides optimism for future growth. The absence of impactful corporate events means the overall score reflects internal performance and market conditions.
To see Spark’s full report on CNXN stock, click here.
More about PC Connection
PC Connection, Inc., operating as Connection, is a Fortune 1000 company based in Merrimack, NH, specializing in information technology solutions for business, government, healthcare, and education markets. The company offers custom-configured computer systems and IT products and services, serving primarily small and medium-sized businesses, with a strong presence in the United States and international markets through its GlobalServe subsidiary.
YTD Price Performance: -10.33%
Average Trading Volume: 139,088
Technical Sentiment Signal: Buy
Current Market Cap: $1.6B
For a thorough assessment of CNXN stock, go to TipRanks’ Stock Analysis page.