Connection, Inc. Q3 FY19

Connection, Inc. Q3 FY19

Market Info

Reported 10/30/19 after hours

10/31/19 opening price change: +11.70%

Ticker: NASDAQ: CNXN

Shares Outstanding: 26.73M

Market Cap: $1.181B

Income Statement

  • Q3 Revenue up 77% YoY from $658.5M to $729.4M
    • Business Solutions up 80% from $244.9M to $273.8M
    • Enterprise Solutions up 4.83% from $265.5M to $278.3M
    • Public Sector up 19.71% from $148.2M to $177.4M
  • Gross Profit up 34%% YoY from $100.4M to $118.9M
    • Gross Profit Margin up 104bp from 25% to 16.30%
  • Operating Income up 23% YoY from $18.95M to $32.64M
  • Net Income up 53% YoY from $13.77M to $23.75M
  • Fully-diluted EPS up 47% YoY from $0.51 to $0.90

Balance Sheet

  • Cash $98.489M
  • Debt N/A
Connection, Inc.
Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18
Valuation Ratios
Price / Earnings 13.06 14.88 12.36 16.34 14.07 11.47
Price / Book Value 1.64 1.8 1.49 2.14 1.74 1.36
Dividend Yield (%)
Enterprise Value / EBITDA 7.8 8.57 6.88 10.72 8.45 6.36
Enterprise Value / Sales 0.32 0.33 0.26 0.37 0.29 0.21

Source: Factset