Headquartered in Merrimack, NH Fiscal year ends December NASDAQ: CNXN connection.com
PC Connection, Inc., doing business as Connection, is an information technology solutions provider and reseller. It serves business, government, healthcare and education customers. The company sells hardware, software and services across the IT lifecycle. Its product mix includes notebooks/mobility, desktops, software, servers/storage, networking, accessories, and displays and sound. It delivers custom-configured IT solutions from an ISO 9001:2015 and SOC 2 Type 2 certified Technology Integration and Distribution Center in Wilmington, Ohio. Its staff hold more than 5,000 professional certifications.
Connection operates three reporting segments:
- **Business Solutions** primarily serves small and medium-sized businesses. It offers more than 460,000 brand-name products through technically trained account managers, publications and connection.com.
- **Enterprise Solutions** serves corporate technology buyers with IT supply-chain expertise. It provides access to over 460,000 products and 1,600 vendors through MarkITplace, a proprietary cloud-based supply chain platform.
- **Public Sector Solutions** serves federal, state and local government agencies and educational institutions.
The GlobalServe subsidiary provides global IT procurement and service management for international customers. Management is increasingly positioning the company around AI-driven demand across the technology lifecycle, including infrastructure such as servers, storage and networking. The company pays a quarterly dividend. Updated
AI infrastructure demand is now the whole story at PC Connection: server and storage sales rose 45% year over year, driving record revenue that topped expectations on both lines. Margin mix shifted toward hardware, but SG&A discipline lifted operating margin to 4.7%.
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PC Connection, Inc., doing business as Connection, is an information technology solutions provider and reseller. It serves business, government, healthcare and education customers.
The Wall Street consensus 12-month price target for CNXN is $91.00.
