August 02,2019
Connection, Inc. Q2 FY19
Market Info
Reported 8/1/19 After-hours
8/2/19 price change: +18.33%
Ticker: NASDAQ:CNXN
Shares Outstanding: 26.78M
Market Cap: $872.29M
Income Statement
- Q2 Revenue up 88% YoY from $706.57M to $741.076M
- Business Solutions up 37% from $270.042M to $271.052
- Enterprise Solutions up 64% from $301.065M to $318.039M
- Public Sector Solutions up 2% from $135.463M to $151.985M
- Gross Profit up 86% YoY from $107.468M to $116.987M
- Gross Profit Margin up 58bp YoY from 21% to 15.79%
- Operating Income up 57% YoY from $24.947M to $32.323M
- Net Income up 86% YoY from $18.226M to $23.668M
- Fully diluted Q2 EPS up 88% YoY from $0.68 to $0.89
Balance Sheet
- Cash $69.739M
- Debt – None
| Connection, Inc. | ||||||
| Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | |
| Valuation Ratios | ||||||
| Price / Earnings | 14.71 | 14.88 | 12.36 | 16.34 | 14.07 | 11.47 |
| Price / Book Value | 1.85 | 1.8 | 1.49 | 2.14 | 1.74 | 1.36 |
| Dividend Yield (%) | ||||||
| Enterprise Value / EBITDA | 8.01 | 6.68 | 10.1 | 8.63 | 6.16 | 6.97 |
| Enterprise Value / Sales | 0.32 | 0.26 | 0.38 | 0.3 | 0.21 | 0.23 |
Source: Factset