IT hardware distributor PC Connection (PCCC -19%) crashed after reporting Q4 revenue of $553M...


IT hardware distributor PC Connection (PCCC -19%) crashed after reporting Q4 revenue of $553M (down slightly Y/Y) and EPS of $0.28; the latter was well below a Street forecast of $0.36. An 8.6% decline in sales to SMBs offset a 17.3% increase in sales to larger enterprises. In addition, PC Connection announced a CFO change.

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