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PCM: 2Q Earnings Snapshot

EL SEGUNDO, Calif. (AP) _ PCM Inc. (PCMI) on Thursday reported second-quarter earnings of $8.2 million.

The El Segundo, California-based company said it had profit of 62 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 87 cents per share.

The technology and consumer electronics company posted revenue of $548.3 million in the period.

PCM shares have increased 98% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $34.88, a rise of 44% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCMI at https://www.zacks.com/ap/PCMI