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Cdw Corporation CDW - News Analyzed: 3,900 - Last Week: 100 - Last Month: 500

↝ CDW Corporation (CDW): A Mixed Bag of Fortunes Amid Q2 2024 Earnings, Resilience and Challenges

CDW Corporation (CDW): A Mixed Bag of Fortunes Amid Q2 2024 Earnings, Resilience and Challenges
The recent news suggests a mixed bag for CDW Corporation (CDW). On one hand, it's been reported that they're preparing to announce their Q2 2024 earnings, which has sparked interest in the market. This anticipation seems to be keeping the stock buoyant despite some underperformance compared to other competitors. A shift towards software and services driving margin expansion is certainly noteworthy. Although CDW faced some challenges in Q1 2024, their resilient margins and strategic focus helped navigate the economic headwinds. The company is also seen as a 'value-added IT reseller' with an impressive ROE of 51%, according to their Q4 2023 earnings call transcript. However, insiders selling sizeable amounts of stock, an EPS miss of 13%, and a decrease in year-over-year revenues can raise some concerns. In the midst of these challenges, CDW continues to secure significant partnerships, such as reaching Diamond Level Partnership with CrowdStrike, exceeding $1 billion in sales. It's also noteworthy that CDW is under investigation following claims of data theft by ransomware gang LockBit.

Cdw Corporation CDW News Analytics from Sun, 01 Oct 2023 07:00:00 GMT to Fri, 26 Jul 2024 21:02:00 GMT - Rating 0 - Innovation 2 - Information 5 - Rumor -1

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