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PCM Inc (PCMI.OQ)

PCMI.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

PCM reports Q3 adj. earnings per share $0.34
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - PCM Inc :PCM reports third quarter results.Q3 adjusted earnings per share $0.34.Q3 loss per share $0.07.Q3 sales fell 7 percent to $545.5 million.Sees Q4 adjusted earnings per share $0.55 to $0.61.PCM Inc says ‍for Q4, forecast adjusted EPS in range of $0.55-$0.61​.  Full Article

Pcm Inc says Q2 sales rose 21 percent to $581 million
Thursday, 28 Jul 2016 

Pcm Inc : Fy2016 revenue view $2.22 billion -- Thomson Reuters I/B/E/S . Pcm reports record second quarter results . Sees q3 adjusted earnings per share $0.29 to $0.35 . Q2 adjusted earnings per share $0.66 from continuing operations . Q2 earnings per share $0.61 from continuing operations . Sees q3 sales $545 million to $560 million . Q2 sales rose 21 percent to $581 million . Sees fy 2016 sales $2.2 billion to $2.23 billion . Q2 earnings per share $0.61 . Sees fy 2016 sales up 32 to 34 percent . Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S .Q3 revenue view $549.7 million -- Thomson Reuters I/B/E/S.  Full Article

PCM Inc enters amendment to loan and security agreement - SEC Filing
Thursday, 14 Jul 2016 

PCM Inc : On july 7, entered into a first amendment to fourth amended and restated loan and security agreement - sec filing . Amendment increases maximum credit, as defined in fourth amended agreement, from $275 million to $290 million . Amendment provides for addition of a channel finance facility for up to $50 million . Also on july 7, entered into a credit agreement with castle pines capital llc - sec filing .Channel finance facility with capital pines llc has initially been set at $35 million.  Full Article

PCM Announces Closing of Its Acquisition of Certain Business to Business (B2B) Assets of Systemax's North American Technology Group Including the TigerDirect Brand
Wednesday, 2 Dec 2015 

PCM, Inc:closed the previously announced transaction to acquire certain Business to Business (B2B) assets of Systemax's North American Technology Group (NATG) including TigerDirect brand for $14 million in cash.PCM did not acquire cash, accounts receivable, inventory or trade payables in connection with the transaction, which closed on December 1, 2015.Under terms of agreement, PCM acquired the right to hire about 400 B2B sales representatives located across the United States and Canada, all rights to NATG B2B customer list (and not any consumer customer list), certain B2B customer.And vendor contracts, trademarks and other intellectual property rights including the TigerDirect brand, and certain fixed assets and equipment.parties have entered into a transition services agreement to facilitate an orderly transition of the purchased assets.PCM expects that the acquisition will significantly enhance its footprint in the small-medium-business marketplace, as well as in the educational and public sector markets.  Full Article

BRIEF-PCM UK acquires Stack Technology and its subsidiaries

* PCM UK acquires Stack Technology Holdings and its subsidiaries