CDW Corp. engages in the provision of information technology solutions to small, medium and large business, government, education and healthcare customers in the United States, the United Kingdom and Canada. It operates through the following segments: Corporate, Small Business, and Public. The Corporate segment serves the private sector business customers. The Small Business segment also caters to the private sector businesses but with a smaller number of employees. The Public segment involves government agencies, education, and healthcare institutions. The company was founded in 1984 by Michael P. Krasny and is headquartered in Lincolnshire, IL.

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CDW reports record profitability in Q4, eyes growth in high-demand solutions

CDW's Q4 performance showcased record profitability driven by solutions and services, with a strategic shift towards high-growth offerings for 2023.
While facing challenges such as weak client device demand and seasonality, the company's strong focus on solutions and services presents growth opportunities.
With robust demand across all segments and a disciplined approach to cost management, CDW aims to maximize shareholder return and capture market share.
The company's 2023 outlook includes expectations of modest revenue growth, a shift towards cloud and security, and a focus on strategic capital allocation priorities.

CDW reports Q1 2023 earnings decline but eyes sector resilience

CDW's Q1 performance saw declines in net sales and operating income, with challenges in maintenance contracts and hardware delays. However, strengths in healthcare and government sectors, strategic investments, and AI engagement position CDW well for growth. Opportunities in client device refresh cycles and sector optimism offer potential for recovery and outperformance.

CDW reports Q2 results, anticipates outperforming U.S. IT market

CDW navigated challenges in the commercial market while capitalizing on growth opportunities in the public sector and cloud services. Strategic investments in cloud capabilities have driven profitability, with a focus on outperforming the U.S. IT market. The company remains cautious but optimistic about future prospects.

CDW reports mixed Q3 results, eyes growth through advanced solutions

CDW's Q3 performance reflects a mixed picture with revenue decline but strong profitability driven by strategic investments in cloud and SaaS solutions.
While facing challenges in commercial markets and potential federal spending uncertainties, the company aims to outperform the market and drive growth through advanced solutions.
Balancing cost management, investments, and customer assistance in decision-making present opportunities for CDW to navigate uncertainties and drive future outperformance.
With a focus on enhancing operating margins, capturing market share, and aligning capital allocation with shareholder value, CDW aims to navigate market challenges and drive growth.

CDW reports mixed 2023 performance, eyes AI solutions market

CDW's performance in 2023 reflected a mix of challenges and strengths, with a focus on software and cloud-based solutions driving growth amid declining hardware sales. Strategic investments and strong execution positioned the company well for future opportunities in the evolving AI solutions market and digital transformation space.
While facing challenges in market dynamics and optimizing costs, CDW's commitment to enhancing shareholder value through capital allocation priorities and outpacing market growth by 200 to 300 basis points in 2024 showcases a proactive growth strategy. The anticipation of a recovery in client devices and a pricing environment remaining firm present opportunities for sequential improvement and sustained growth.
Navigating uncertainties in the economy and market conditions, CDW aims to balance growth opportunities with cost optimization, leveraging its customer-centric approach and focus on as-a-service solutions. The company's strong performance in advisory and consulting services related to AI, coupled with a focus on full stack, full life cycle solutions, positions CDW for continued success and resilience in the evolving IT landscape.

CDW reports Q1 earnings decline, eyes AI opportunities for growth

CDW's Q1 2024 performance faced challenges from market conditions but highlighted strengths in AI services and growth opportunities in client devices. The company aims for modest profit growth in 2024, focusing on addressing customer priorities and capitalizing on AI spending.

CDW reports stable Q2 performance amidst market challenges

CDW's Q2 performance saw stable gross profit and a sequential increase in net sales
The company faces challenges from market dynamics and end market-specific issues
However, CDW's strategic focus on growth and value creation positions it well for the future

CDW reports Q3 decline, eyes growth amid market challenges

CDW faced challenging market conditions in Q3 2024, leading to declines in gross profit, net sales, and operating income. Despite this, the company remains confident in its ability to return to growth.
Strategic actions, such as improving seller effectiveness and growing cloud capabilities, along with capital allocation priorities, demonstrate CDW's commitment to long-term value creation.
While challenges persist, opportunities in demand drivers and strategic initiatives provide a path for CDW to navigate through uncertainties and drive future performance.

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CDW Corp. engages in the provision of information technology solutions to small, medium, and large business, government, education, and healthcare customers. It operates through the following segments: Corporate, Small Business, Public, and Other. The Public segment includes government agencies and education and healthcare institutions. The Other segment focuses on CDW UK and Canada. The company was founded in 1984 by Michael P. Krasny and is headquartered in Vernon Hills, IL.

ViaSat

LONDON--(BUSINESS WIRE)--IT solutions specialist CDW announced an agreement with the Ministry of Defence (MOD) and NATO's Allied Rapid Reaction Corps (ARRC) headquarters in Gloucester, UK, to deliver a two-year Agile technical innovation contract for a Command, Control and Communication (C3) programme named LELANTOS. ARRC is NATO's rapidly deployable headquarters that acts as a nerve centre for operations and crisis response. CDW – the world's largest IT technology enabler – and Viasat UK Ltd,

UK Government Invests in MOD and NATO with Significant Agile IT and Digital Transformation Contract for CDW and Viasat UK

CDW has shown its resiliency, with strong sequential revenue and earnings growth in the latest quarter. I see the long-term growth thesis as being intact, and it has the benefit of being a leader in a fragmented market.

CDW Corp.: More Upside For This Dividend Compounder

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One of the world's most successful hedge funds is ValueAct Capital. The firm, which managed around $16 billion at the end of 2019, has returned 14.1% per annum for investors since its inception in 2000.

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We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn't mean that they don't have occasional colossal losses; they do (like Peltz's recent General Electric losses). However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, as the current round of 13F filings has just ended, let's examine the smart money sentiment towards CDW Corporation (NASDAQ:CDW).

Was The Smart Money Right About CDW Corporation (CDW)?

CDW's (CDW) CEO Chris Leahy on Q3 2020 Results - Earnings Call Transcript

Improvement in product margin, along with lower interest expense and reduction in non-GAAP effective tax rate, boosts CDW Corp's (CDW) Q3 bottom-line results.

CDW Corp (CDW) Surpasses Q3 Earnings & Revenue Estimates

CDW (CDW) delivered earnings and revenue surprises of 22.00% and 3.90%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

CDW (CDW) Surpasses Q3 Earnings and Revenue Estimates

  Shares of CDW (NASDAQ:CDW) fell 0.7% in pre-market trading after the company reported Q3 results.

CDW: Q3 Earnings Insights

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW): (Dollars in millions, except per share amounts) Three Months Ended September 30, 2020 Three Months Ended September 30, 2019 % Chg. Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 % Chg. Net Sales $ 4,756.4   $ 4,907.7   (3.1 ) $ 13,511.3   $ 13,495.5   0.1   Average Daily Sales1 74.3   76.7   (3.1 ) 70.4   70.7   (0.4 ) Gross Profit 825.5   816.5   1.1   2,329.2   2,262.4   3.0   Operating Income 317.8

CDW Reports Third Quarter 2020 Earnings

Low IT spending as organizations are pushing back their investments in big and expensive technology products amid the COVID-19 pandemic is expected to have hurt CDW Corp's (CDW) Q3 performance.

CDW Corp (CDW) to Report Q3 Earnings: What's in Store?

CDW (CDW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CDW (CDW) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

CDW (CDW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

CDW (CDW) Upgraded to Strong Buy: Here's What You Should Know

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that it will host a webcast conference call to discuss its third quarter 2020 results on Monday, November 2, 2020, at 7:30 a.m. CT/8:30 a.m. ET. A live webcast (audio with slides) of the conference call will be accessible at investor.CDW.com. The pres

CDW to Announce Third Quarter 2020 Results on November 2

CDW Corporation (CDW) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: CDW Corp (CDW)

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (NASDAQ: CDW), a leading multi-brand technology solutions and services provider to business, government, education, and healthcare, today announced that it has been recognized as a Microsoft Azure Expert Managed Service Provider (MSP), joining some of Microsoft’s most recognized and capable global solutions partners. This recent recognition demonstrates CDW’s commitment to providing customers with best-in-class design, orchestration, and mana

CDW Recognized as Microsoft Azure Expert Managed Service Provider to Meet Evolving Customer Needs

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CDW Corporation: Left Behind By The Tech Rally With Strong Growth Potential

CDW (CDW) reported earnings 30 days ago. What's next for the stock?

CDW (CDW) Down 2.3% Since Last Earnings Report: Can It Rebound?

All You Need to Know About CDW (CDW) Rating Upgrade to Strong Buy

CDW Corporation (CDW) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Why CDW Corporation (CDW) Could Be a Top Value Stock Pick

LINCOLNSHIRE, Ill., Aug.  10, 2020  (GLOBE NEWSWIRE) -- CDW Corporation (NASDAQ: CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its wholly owned subsidiaries CDW LLC and CDW Finance Corporation (together, the “Issuers”) have priced an offering of $700 million in aggregate principal amount of 3.25% senior notes due 2029 (the “Notes”), representing an increase of $70 million in aggregate principal amount from the initially proposed offering size, in an offering registered under the Securities Act of 1933, as amended (the “Note Offering”). The Notes were priced at 100 % of par. The sale of the Notes is expected to be completed on August 13, 2020, subject to customary closing conditions.

CDW Corporation Announces Upsizing and  Pricing of Registered Offering of $700 Million of Senior Notes due 2029

LINCOLNSHIRE, Ill., Aug.  10, 2020  (GLOBE NEWSWIRE) -- CDW Corporation (NASDAQ: CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its wholly owned subsidiaries CDW LLC and CDW Finance Corporation (together, the “Issuers”) intend to offer, subject to market and other customary conditions, $630 million in aggregate principal amount of senior notes due 2029 (the “Notes”) in an offering registered under the Securities Act of 1933, as amended (the “Note Offering”).

CDW Corporation Announces Proposed Registered Offering of $630 Million of Senior Notes due 2029

Soft corporate demand due to the pandemic-induced economic and business disruptions, along with unfavorable currency-exchange rates, hurts CDW Corp's (CDW) earnings in Q2.

CDW Corp (CDW) Q2 Earnings & Revenues Top Estimates, Down Y/Y

CDW Corporation (CDW) CEO Chris Leahy on Q2 2020 Results - Earnings Call Transcript

News for CDW Stock (CDW)