CDW Corp

Quantli Newsdesk

· a day ago

CDW reported Q2 revenue of $6.57 billion and adjusted EPS of $2.91, both exceeding analyst estimates. However, gross profit margin came in at 20.1%, below the 21.2% expected, due to a sales mix shift toward lower-margin hardware. The company also announced that CFO Albert Miralles will retire in 2027.

Quantli Newsdesk

· 2 months ago

CDW delivered first quarter revenue of $5.68 billion, beating estimates by 3.8% with 9.2% year-over-year growth. However, gross margin contracted 60 basis points to 21% as customers prioritised hardware purchases over higher-margin cloud and SaaS services. Operating income of $376 million missed analyst expectations by 18%, triggering a 20% stock decline that erased $3.45 billion in market value.

Quantli Newsdesk

· 3 months ago

CDW reported Q1 revenue of $5.68 billion, exceeding Wall Street expectations by 3.8%, driven by strong hardware sales. However, gross margin declined 60 basis points to 21% as customers prioritised hardware purchases over higher-margin cloud and services offerings amid supply chain concerns and pricing volatility. The company announced its 'Geared For Growth' AI initiative targeting $100-200 million in cost savings.

10-K

Quantli Newsdesk

· 3 months ago

CDW delivered $22.4 billion in revenue for 2025, up 6.8%, driven by improved customer demand across all segments. However, net income declined 1.0% to $1.07 billion as gross margin compression and higher operating expenses offset volume gains.