PC Connection Q4 Earnings Call Highlights

Operating income increased 4.2% to 23.6million.Excludingseveranceexpensesandothercharges,operatingincomerose17.823.6 million. Excluding severance expenses and other charges, operating income rose 17.8% to 26.7 million. Diluted earnings per share were 0.82,up5.10.82, up 5.1%, while adjusted diluted EPS was 0.91, up 16.7% year over year.On a consolidated basis, gross profit increased 4.5% year over year to 135.6million,andgrossmarginexpanded100basispointsto19.3135.6 million, and gross margin expanded 100 basis points to 19.3%, which management said reflected disciplined pricing and a shift in product and customer mix. Total net sales were 702 ...