How did PC Connection's revenue and expenses trend in Q4 2024?
5/7/2025 07:34pm
PC Connection's revenue and expenses in Q4 2024 showed a business-focused trend, with a strong revenue stream primarily driven by the Notebooks/Mobility segment.
1. **Revenue Trend**: The company's total revenue for the quarter was $993.99 million. This was distributed across various segments, including Notebooks/Mobility, Accessories, Desktops, Enterprise Solutions, Software, Displays and Sound, Business Solutions, and Displays and Sound. The largest segment was Notebooks/Mobility, contributing significantly to the overall revenue.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|CNXN|CNXN.O|PC Connection|20240101-2024|Other Hardware/Services|2.13175E8|185|
|CNXN|CNXN.O|PC Connection|20240101-2024|Other Hardware/Services|1.51752E8|185|
|CNXN|CNXN.O|PC Connection|20240101-2024|Headquarters/Other|0|185|
|CNXN|CNXN.O|PC Connection|20240101-2024|Headquarters/Other|0|185|
|CNXN|CNXN.O|PC Connection|20240101-2024|Business Solutions|2.55869E8|185|
|CNXN|CNXN.O|PC Connection|20240101-2024|Headquarters/Other|0|185|
|CNXN|CNXN.O|PC Connection|20240101-2024|Public Sector Solutions|9.3497E7|185|
|CNXN|CNXN.O|PC Connection|20240101-2024|Enterprise Solutions|2.82659E8|185|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CNXN|CNXN.O|PC Connection|2024 Q1|-7.35314833075081|1.3154E7|185|
|CNXN|CNXN.O|PC Connection|2024 Q2|32.8171802812611|2.6161E7|185|
|CNXN|CNXN.O|PC Connection|2024 Q3|5.707477146652082|2.7059E7|185|
|CNXN|CNXN.O|PC Connection|2024 Q4|-12.856421902599042|2.0721E7|185|
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Selling, General, and Administrative Expenses YoY|Operating Expenses YoY|Operating Expenses|R&D Expenses YoY|market_code|
|---|---|---|---|---|---|---|---|---|---|---|
|CNXN|CNXN.O|PC Connection|20240331|1.04608E8||1.283863596754517||||185|
|CNXN|CNXN.O|PC Connection|20240630|1.05208E8||4.207606973058637||||185|
|CNXN|CNXN.O|PC Connection|20240930|1.05365E8||5.55288413375809||||185|
|CNXN|CNXN.O|PC Connection|20241231|1.07136E8||5.208578835729437||||185|
2. **Expense Trend**: The company's net income for Q4 2024 was $20.72 million. The Operating Expenses, Research and Development Expenses, and Selling, General, and Administrative Expenses were not provided separately for each segment. However, the total Selling, General, and Administrative Expenses for the company were $107.14 million. This indicates that the company had a healthy profit margin despite the operating expenses.
3. **Segment Performance**: The Notebooks/Mobility segment was the most revenue-generating, followed by Accessories and Desktops. This suggests that these segments were the primary drivers of the company's revenue during the quarter.
4. **Profitability**: The company's profitability in Q4 2024 was evident, with a net income of $20.72 million. This indicates that the company was able to generate substantial profits from its operations.
In conclusion, PC Connection's revenue and expenses in Q4 2024 were characterized by a robust revenue stream, primarily from the Notebooks/Mobility segment, and a controlled expense environment, resulting in a strong net income.