PC Connection Inc. has revised downwards its first quarter financial results, citing a weakness in demand.
The computer equipment cataloger now expects to report earnings per share to between three and five centers per share for the first quarter.
The company expects its revenue to be in the range of $320 million to $325 million for the quarter ended March 31.
Previously, the Merrimack, NH firm anticipated reporting earnings per share between nine and 12 cents.
According to news reports, PC Connection last year earned $1.16 million, or 5 cents a share, on revenue of $327.6 million.
