PC Connection, Inc. announced consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company's net sales were $505.4 million, an increase of 1.3% compared to $498.8 million for the first quarter of 2012. Net income for the quarter was $6.1 million, or $0.23 per share, compared to net income of $5.5 million, or $0.21 per share, for the corresponding prior year quarter. Income from operations was $10.1 million compared with $9.0 million a year ago. Pro forma net income was $6.1 million or $0.23 per diluted share compared with $6.2 million or $0.23 per diluted share a year ago. EBITDA was $11.8 million compared with $10.6 million a year ago. Adjusted EBITDA was $12.0 million compared with $11.9 million a year ago. Net cash provided by operating activities was $19.0 million compared with $55.2 million a year ago. Purchases of property and equipment were $1.7 million compared with $2.8 million a year ago. Return on equity was 11.5% compared with 11.1% a year ago. As on March 31, 2013, the company's total book value per share was $11.47. Tangible book value per share was $9.37 against $8.45 for the same period a year ago.

PC Connection, Inc. announced that they will report Q1, 2013 results at 5:00 PM, Eastern Standard Time on May 02, 2013

PC Connection, Inc., Q1 2013 Earnings Call, May 02, 2013