CDW Income Slips in Quarter, Year

CDW Corp. reported net income of $44.6 million for the fourth quarter, down from $45.6 million last year.

The computer equipment direct marketer reported net sales of $1.3 billion for the quarter ended Dec. 31, up 28% from $1.1 billion last year.

The Vernon Hills, IL firm reported net income of $175.2 million for the year ended Dec. 31, down from $185.2 million last year.

Net sales for the year were $$4.7 billion, up 9.4% from $4.3 billion last year.