Connection reports Q4 EPS 78c, two estimates 90c

Reports Q4 revenue $708.9M, two estimates $716.23M. “In 2024, we had record gross margins driven by sales of advanced technologies, which include cloud, software, and security solutions,” said Timothy McGrath, President and Chief Executive Officer of Connection (CNXN). “Also, during the year we made significant investments to enhance our integrated solutions capabilities including AI and modern infrastructure. Moving forward, we believe that the market for IT products and solutions will gradually improve as the year progresses,” concluded Mr. McGrath.