Oct 28, 4:05 PM ET
PC Connection reported third-quarter 2026 results for the period ended September 30, 2026, with net sales of $874.3 million, up 23.3% year over year, and net income of $31.5 million, or $1.24 per diluted share, compared with $0.97 a year earlier. Gross margin fell to 18.5% from 19.6%, and the board declared a quarterly dividend of $0.20 per share payable November 27, 2026.
- Q3 net sales $874.3 million, up 23.3%; gross profit $161.9 million, up 16.7%
- Q3 net income $31.5 million, diluted EPS $1.24 vs $0.97; nine-month diluted EPS $3.23 vs $2.45
- Gross margin 18.5% vs 19.6% a year earlier; quarterly dividend $0.20 per share, payable November 27, 2026 to holders of record November 10, 2026
Read the filing on SEC.gov ↗
Oct 14, 9:15 AM ET
PC Connection, Inc. (CNXN) said Matthew Zafirovski joined the company as President and Chief Operating Officer effective October 12, 2026, reporting to CEO Timothy McGrath. McGrath ceased serving as President but remains Chief Executive Officer. The filing describes a new executive hire with a $700,000 base salary and a 25,000 restricted stock unit grant.
- Matthew Zafirovski, 41, was CEO of Tusker from 2022 to 2026 and COO of Tusker from 2020 to 2022
- Base salary of $700,000; bonus eligibility at a basic rate of 100% of base salary under the Executive Bonus Plan
- Grant of 25,000 restricted stock units vesting 25% per year, starting on the first anniversary of the grant date
- Severance equal to base salary for the shorter of six months or until he secures other employment, if terminated without cause, death, or disability
Read the filing on SEC.gov ↗
Jul 29, 4:05 PM ET
Connection, formally PC Connection, Inc., reported second-quarter 2026 net sales of $854.0 million, up 12.4% from a year earlier, and net income of $33.2 million, up 33.8%. Diluted EPS was $1.31 compared with $0.97, and the filing gives no revised full-year guidance. The board also declared a quarterly cash dividend of $0.20 per share, while operating cash flow for the quarter was negative $63.8 million.
- Q2 2026 net sales of $854.0 million, up 12.4% year over year; net income of $33.2 million, or $1.31 per diluted share, versus $0.97 a year earlier
- Gross margin of 18.4%, up 30 basis points; Business Solutions gross margin fell 50 basis points to 23.0%
- Quarterly dividend of $0.20 per share, payable August 28, 2026, to shareholders of record on August 11, 2026
- Cash and short-term investments of $340.7 million at June 30, 2026, compared with $406.7 million at December 31, 2025
Read the filing on SEC.gov ↗
Apr 29, 4:05 PM ET
Connection reported first-quarter 2026 results for the quarter ended March 31, 2026, with net sales up 3.0% to $721.9 million and net income up 27.8% to $17.2 million, or $0.68 per diluted share, compared with $0.51 a year earlier. The board also declared a quarterly dividend of $0.20 per share, payable May 29, 2026, to holders of record on May 12, 2026. Public Sector Solutions net sales fell 31.0%, and the quarter included $3.1 million of severance expenses.
- Net sales $721.9 million, up 3.0% year over year; gross margin 18.4%, up 20 basis points
- Diluted EPS $0.68 versus $0.51; adjusted diluted EPS $0.77 versus $0.60
- Quarterly cash dividend of $0.20 per share, payable May 29, 2026
- Public Sector Solutions net sales down 31.0% to $99.8 million; $3.1 million of severance expenses
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.