PC Connection Net Income Drops

PC Connection Inc. reported net income of $325,000 for the second quarter, a sharp drop from $1.4 million for the same period in 2001.

The computer direct marketer posted net sales of $292.2 million for the period, down from $297.3 million. The quarter ended June 30.

For the six months ended June 30, the Merrimack, NH-based firm reported a net loss of $1.8 million, down from net income of $3.9 million for the same period last year.

Net sales for the six months were $528.3 million, a decline from to $599.1 million.