PCM, Inc. operates as a multi-vendor provider of technology products and solutions, and consumer products primarily in the United States and Canada. The company operates through three segments: Commercial, Public Sector, and Canada. It primarily sells device products, servers, storage products, networks, printers, and related accessories and devices. The company also provides value-added services, such as custom configured systems, software licensing asset management, image management, product asset tagging, and asset disposal services, as well as software value-added reseller services, managed services, cloud-based services, consulting, and IT management and related services. PCM, Inc. markets its products, services, and solutions to individual; commercial businesses; state, local, and federal governments; and educational institutions through its sales force, field and internal service teams, direct marketing channels, and data centers. The company was formerly known as PC Mall Inc. and changed its name to PCM, Inc. in December 2012. PCM, Inc. was founded in 1987 and is headquartered in El Segundo, California.
PCM posts 3Q profit EL SEGUNDO, Calif. (AP) _ PCM Inc. (PCMI) on Wednesday reported third-quarter net income of $5.3 million, after reporting a loss in the same period a year earlier. On a per-share basis, the El Segundo, California-based company said it had profit of 43 cents. Earnings, adjusted for one-time gains and costs, came to 52 cents per share. The technology and consumer electronics company posted revenue of $584.9 million in the period. For the current quarter ending in December, PCM expects its per-share earnings to range from 40 cents to 48 cents. The company said it expects revenue in the range of $565 million to $580 million for the fiscal fourth quarter. PCM expects full-year earnings in the range of $1.81 to $1.89 per share, with revenue ranging from $2.23 billion to $2.24 billion. PCM shares have increased 87 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.58, more than doubling in the last 12 months.
