PC Connection (PCCC) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS
PC Connection (NASDAQ:PCCC) posted its quarterly earnings results on Friday. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.36 by $0.01, Analyst Ratings.Net reports. The company had revenue of $578.60 million for the quarter, compared to the consensus estimate of $574.93 million.
Shares of PC Connection (NASDAQ:PCCC) opened at 22.03 on Friday. PC Connection has a one year low of $12.33 and a one year high of $25.94. The stock has a 50-day moving average of $24.2 and a 200-day moving average of $19.18. The company has a market cap of $576.5 million and a price-to-earnings ratio of 16.51.
In other PC Connection news, Director David Hall unloaded 10,000 shares of the stock on the open market in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $22.47, for a total transaction of $224,700.00. Following the sale, the director now directly owns 535,195 shares of the company’s stock, valued at approximately $12,025,832. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
PC Connection, Inc is a direct marketer of a range of information technology, or information technology (NASDAQ:PCCC), solutions.
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