The company said Net sales for Q3 2024 were $5,517 million, down 2.0% from $5,628 million a year earlier. It had 64 and 63 selling days, so on an average daily sales basis, sales fell 3.5%.

1. 01

   The company said Net sales for Q3 2024 were $5,517 million, down 2.0% from $5,628 million a year earlier. It had 64 and 63 selling days, so on an average daily sales basis, sales fell 3.5%.

2. 02

   CDW said its gross profit margin for Q3 2024 was 21.8%, the same as a year earlier. Operating income rose 0.7% to $482 million, and net income was $316 million, unchanged from the prior-year quarter.

3. 03

   The company said Non-GAAP operating income for Q3 2024 was $534 million, down 4.0% from $556 million in the same quarter a year earlier, and Non-GAAP net income was $355 million, down 3.9%.

4. 04

   CDW reported net cash provided by operating activities of $932.0 million and free cash flow of $838.0 million for the 9 months through September 30, 2024. Its board declared a quarterly cash dividend of $0.625 per share, payable on December 10, 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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