PCM (PCMI) Posts Quarterly Results

PCM (NASDAQ: PCMI) posted its quarterly earnings results on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. The company had revenue of $382.00 million for the quarter, compared to the consensus estimate of $376.37 million. During the same quarter last year, the company posted ($0.03) earnings per share. PCM’s revenue was up .6% compared to the same quarter last year.

Shares of PCM (PCMI) traded down 3.75% during mid-day trading on Thursday, hitting $7.10. PCM (PCMI) has a one year low of $5.06 and a one year high of $7.46. The stock’s 50-day moving average is currently $6.81. The company has a market cap of $85.2 million and a P/E ratio of 37.45.

PCM, Inc., formerly PC Mall, Inc., is a direct marketer of technology products, services and solutions to businesses, government and educational institutions and individual consumers.

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