CDW Corporation (CDW), the multi-brand technology solutions provider, has been under market observers' scrutiny due to fluctuations affecting its performance. The company's
shares have often outperformed its competitors, despite losses suffered on several days.
Mawer Investment Management Ltd and
Victory Capital Management Inc have increased their stake in the company, bolstering its market position. Directors at CDW Corporation have announced a
$0.62 per share quarterly cash dividend.
CDW has seen a shift towards
software and services, leading to margin expansion and a healthy balance sheet. Despite economic headwinds, the company remains focused on strategic resilience.
Q1 earnings for 2024 missed estimates and revenues decreased year-on-year. However, the company's continued focus on AI and data analytics has been highlighted as a major strength.
The news of CDW being targeted by ransomware gang LockBit, demanding an $80 Million ransom, stirred the market. However, CDW is investing in areas such as cybersecurity and AI, indicative of the company's proactive approach towards potential threats.
Cdw Corporation CDW News Analytics from Thu, 03 Aug 2023 07:00:00 GMT to Sat, 11 May 2024 17:11:21 GMT -
Rating -1
- Innovation 7
- Information 10
- Rumor -5
