CDW Corporation is set to report its third-quarter earnings while simultaneously announcing a succession plan for its Chief Commercial and Operating Officer. Despite some underperformance compared to its competitors, CDW is focusing on international growth. However, it missed Q2 revenue and profit estimates due to weak demand for IT solutions. The corporation is making business transitions to boost growth and has commenced offers to purchase outstanding senior debt securities. In recent trading days, CDW has seen both underperformance and strong trading performance. The company announced results for Q2 and Q3, which did not meet estimates, revealing decreases in revenues Year over Year. Despite this, CDW continues to yield a quarterly cash dividend of $0.62 per share and venture into cloud maturity. Collaboration with CrowdStrike has led to over $1 billion in sales, with CDW issuing $1.2 billion in senior notes. CDW continues to prove they can handle their debt, even as their stock often underperforms the market. Interestingly, CDW has released its 2024 Cybersecurity Research Report and showed its returns on capital. Its weak performance in Q1 mirrored Q2's results mentioning challenges persisting in their earnings.
Cdw Corporation CDW News Analytics from Wed, 01 Dec 2021 02:07:39 GMT to Sat, 26 Oct 2024 00:44:04 GMT -
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- Rumor -5
