BUZZ-CDW rises on strong fourth quarter results

Reuters

Feb 05, 2025

BUZZ-<a href="https://laohu8.com/S/BXE.SI">CDW</a> rises on strong fourth quarter results

** IT solutions provider CDW's CDW.O shares rise 4.9% to $209 in premarket trading

** Co reported Q4 net sales of $5.19 bln, beating analysts' estimates of $4.93 bln - LSEG

** On an adjusted basis, co earned $2.48 per share, compared with estimates of $2.32 per share

** CDW benefited from growing demand for its IT solutions, as small- and medium-sized businesses continue to spend on the company's services

** In Q4, the gross profit margin was 22.3%, compared with 23% a year ago

** CDW also announced a $750-million increase to its share repurchase authorization and a quarterly cash dividend of $0.625 per share

** In 2024, the shares of the company fell 53.3%

(Reporting by Kritika Lamba in Bengaluru)

((Kritika.Lamba@thomsonreuters.com))

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LSEG** On an adjusted basis, co earned $2.48 per share, compared with estimates of $2.32 per share** CDW benefited from growing demand for its IT solutions, as small- and medium-sized businesses continue to spend on the company's services** In Q4, the gross profit margin was 22.3%, compared with 23% a year ago** CDW also announced a $750-million increase to its share repurchase authorization and a quarterly cash dividend of $0.625 per share** In 2024, the shares of the company fell 53.3%  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","CDW":"CDW Corporation","BK4140":"技术产品经销商","BK4585":"ETF&股票定投概念"},"translate_title":"BUZZ-CDW因第四季度业绩强劲而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CDW":0.9},"content_text":"BUZZ-CDW rises on strong fourth quarter results** IT solutions provider CDW's CDW.O shares rise 4.9% to $209 in premarket trading** Co reported Q4 net sales of $5.19 bln, beating analysts' estimates of $4.93 bln - LSEG** On an adjusted basis, co earned $2.48 per share, compared with estimates of $2.32 per share** CDW benefited from growing demand for its IT solutions, as small- and medium-sized businesses continue to spend on the company's services** In Q4, the gross profit margin was 22.3%, compared with 23% a year ago** CDW also announced a $750-million increase to its share repurchase authorization and a quarterly cash dividend of $0.625 per share** In 2024, the shares of the company fell 53.3% (Reporting by Kritika Lamba in Bengaluru) ((Kritika.Lamba@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}