CDW Corporation (CDW) has been going through a period of underperformance as compared to its competitors, exemplifying
challenging demand and headwinds among other factors. The corporation had
missed both its Q2 revenue and profit estimates, with a trend of decreasing revenues Year on Year (Y/Y) due to weak demand in the IT solutions sector. CDW has been attempting to manage its
debt and manoeuvre turbulent IT sector waters, making strategic moves to
purchase certain outstanding senior debt securities. The company has been
attending global conferences and has made announcements about upcoming
quarterly earnings information. CDW has also marked its presence in the cloud computing research sector, reporting results, and offering dividends. The company's founder,
Michael Krasny, has made a significant property investment. CDW has had its share of executive sales and legal troubles as well, leading to
layoffs. On a brighter note, the company's partnership with
CrowdStrike has tipped over $1 billion in sales, showing some potential for growth in the midst of troubles. However, it's notable that CDW has been sued by a rival over Cisco sales, and also has been dealing with ransomware attacks threatening to leak company data.
Cdw Corporation CDW News Analytics from Mon, 17 Sep 2018 18:46:22 GMT to Tue, 01 Oct 2024 21:03:00 GMT -
Rating -4
- Innovation -2
- Information 4
- Rumor -5
