PC Connection Inc. reported net income of $2.9 million for the fourth quarter, up from $1.4 million the year before. The computer cataloger reported net sales of $322.2 million for the period ended Dec. 31, 2002, up 18%, from $273.6 the last year. The Merrimack, NH firm's net income for the year ended Dec. 31, 2002 was $3.2 million, down from $7.4 million the last year. Net sales for the year were
PC Connection Inc. reported net income of $2.9 million for the fourth quarter, up from $1.4 million the year before.
The computer cataloger reported net sales of $322.2 million for the period ended Dec. 31, 2002, up 18%, from $273.6 the last year.
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The Merrimack, NH firm's net income for the year ended Dec. 31, 2002 was $3.2 million, down from $7.4 million the last year.
Net sales for the year were $1.19 billion, about the same as the last year.
"During the quarter, the company grew sales and earnings, and improved both profit and operating margins, said CEO Patricia Gallup, in a statement. "Our fourth quarter results were stronger than we expected given the current economic environment."
