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PCM posts 1Q profit

EL SEGUNDO, Calif. (AP) _ PCM Inc. (PCMI) on Thursday reported first-quarter profit of $4 million.

On a per-share basis, the El Segundo, California-based company said it had profit of 30 cents.

The technology and consumer electronics company posted revenue of $524.4 million in the period.

PCM shares have climbed 34 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $30.15, more than tripling 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


Keywords: PCM, Earnings Report