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PCM Inc (PCMI.OQ)

PCMI.OQ on NASDAQ Stock Exchange Global Market

9.85USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

PCM reports Q3 adj. earnings per share $0.34
Monday, 6 Nov 2017 04:03pm EST 

Nov 6 (Reuters) - PCM Inc :PCM reports third quarter results.Q3 adjusted earnings per share $0.34.Q3 loss per share $0.07.Q3 sales fell 7 percent to $545.5 million.Sees Q4 adjusted earnings per share $0.55 to $0.61.PCM Inc says ‍for Q4, forecast adjusted EPS in range of $0.55-$0.61​.  Full Article

PCM UK acquires Stack Technology and its subsidiaries
Monday, 25 Sep 2017 09:00am EDT 

Sept 25 (Reuters) - PCM Inc :PCM UK acquires Stack Technology Holdings and its subsidiaries.PCM Inc - ‍currently expects strategic acquisition to initially have an immaterial effect on its bottom line​.  Full Article

PCM announces increase to share repurchase program
Wednesday, 9 Aug 2017 05:22pm EDT 

Aug 9 (Reuters) - PCM Inc :PCM announces increase to share repurchase program.PCM Inc - ‍board of directors has approved an increase in company's existing share repurchase program by an additional $10 million​.PCM Inc - ‍new authorization is in addition to $4.1 million that was available for repurchase under previous board authorizations​.  Full Article

PCM Q2 sales fell 4 pct to $560.1 million
Wednesday, 26 Jul 2017 04:02pm EDT 

July 26 (Reuters) - PCM Inc :PCM reports second quarter results.Q2 adjusted non-GAAP earnings per share $0.47.Q2 sales fell 4 percent to $560.1 million.Q2 earnings per share $0.19.Sees FY earnings per share $2.00 to $2.13.PCM Inc - for Q3, we expect adjusted EPS, which excludes UK investment, in range of $0.56 to $0.62.Fy2017 earnings per share view $2.03 -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.64 -- Thomson Reuters I/B/E/S.  Full Article

PCM Inc Q1 adjusted Non-GAAP EPS $0.26
Thursday, 27 Apr 2017 04:03pm EDT 

April 27 (Reuters) - Pcm Inc :Pcm reports record first quarter results.Q1 adjusted non-gaap earnings per share $0.26.Q1 earnings per share $0.30.Q1 sales rose 5 percent to $524.4 million.Pcm inc- raising our gross margin guidance from a range of 13.75% to 14.25% to a range of 14.0%-14.5% for each of remaining quarters in 2017.For the year, we continue to believe we will deliver net sales of $2.34 billion to $2.38 billion.Sees for q2 adjusted eps, which excludes uk investment, in range of $0.44 to $0.49 on net sales of $580 million to $600 million.Sees 2017 adjusted eps of $2.00 to $2.15.Believe that our uk operations will be profitable and accretive in 2018.Q1 earnings per share view $0.17 -- Thomson Reuters I/B/E/S.Fy2017 revenue view $2.36 billion -- Thomson Reuters I/B/E/S.Q1 revenue view $520.3 million -- Thomson Reuters I/B/E/S.Q2 revenue view $604.8 million -- Thomson Reuters I/B/E/S.  Full Article

PCM to enter into UK and Europe through its new UK-based unit
Thursday, 27 Apr 2017 04:02pm EDT 

April 27 (Reuters) - PCM Inc -:PCM Inc says entry into United Kingdom and Europe through a wholly-owned subsidiary, Pcm Technology Solutions uk, ltd, a new uk-based company.  Full Article

PCM amends credit agreement - sec filing
Thursday, 2 Mar 2017 05:14pm EST 

Pcm Inc : PCM - co, its units, its canadian units, entered into a second amendment to fourth amended and restated loan and security agreement - sec filing . Amendment provides for an increase in maximum credit, as defined in amendment, from $290 million to $345 million .Amendment provides for an extension of maturity date from march 19, 2019 to march 19, 2021.  Full Article

PCM Q4 adjusted earnings per share $0.51
Wednesday, 8 Feb 2017 04:03pm EST 

PCM Inc : PCM reports record fourth quarter and full-year 2016 results . Sees Q1 adjusted earnings per share $0.20 to $0.24 . Q4 adjusted non-gaap earnings per share $0.51 from continuing operations . Q4 adjusted earnings per share $1.89 . Q4 earnings per share $0.37 from continuing operations . Q4 earnings per share $1.40 . Sees Q1 sales $515 million to $530 million . Q4 sales rose 22 percent to $586.6 million . Q1 earnings per share view $0.11, revenue view $521.6 million -- Thomson Reuters I/B/E/S . PCM - inventory at december 31, 2016 was $80.9 million, an increase of $25.5 million from december 31, 2015 . PCM says for 2017, currently aim to deliver net sales of $2.34 billion to $2.38 billion and adjusted EPS of $2.00 to $2.15 .FY2017 earnings per share view $1.70, revenue view $2.36 billion -- Thomson Reuters I/B/E/S.  Full Article

Pcm Inc says Q2 sales rose 21 percent to $581 million
Wednesday, 27 Jul 2016 04:05pm EDT 

Pcm Inc : Fy2016 revenue view $2.22 billion -- Thomson Reuters I/B/E/S . Pcm reports record second quarter results . Sees q3 adjusted earnings per share $0.29 to $0.35 . Q2 adjusted earnings per share $0.66 from continuing operations . Q2 earnings per share $0.61 from continuing operations . Sees q3 sales $545 million to $560 million . Q2 sales rose 21 percent to $581 million . Sees fy 2016 sales $2.2 billion to $2.23 billion . Q2 earnings per share $0.61 . Sees fy 2016 sales up 32 to 34 percent . Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S .Q3 revenue view $549.7 million -- Thomson Reuters I/B/E/S.  Full Article

PCM Inc enters amendment to loan and security agreement - SEC Filing
Wednesday, 13 Jul 2016 06:04pm EDT 

PCM Inc : On july 7, entered into a first amendment to fourth amended and restated loan and security agreement - sec filing . Amendment increases maximum credit, as defined in fourth amended agreement, from $275 million to $290 million . Amendment provides for addition of a channel finance facility for up to $50 million . Also on july 7, entered into a credit agreement with castle pines capital llc - sec filing .Channel finance facility with capital pines llc has initially been set at $35 million.  Full Article

BRIEF-PCM UK acquires Stack Technology and its subsidiaries

* PCM UK acquires Stack Technology Holdings and its subsidiaries