Welcome to our dedicated page for CDW news (Ticker: CDW), a resource for investors and traders seeking the latest updates and insights on CDW stock.
Overview of CDW Corp
CDW Corp (NASDAQ: CDW) is a prominent multi-brand provider of integrated information technology (IT) solutions, serving a diverse customer base across the United States, Canada, and the United Kingdom. The company’s offerings cater to businesses of all sizes, government agencies, educational institutions, and healthcare organizations. With its extensive portfolio of hardware, software, and IT services, CDW plays a pivotal role in enabling organizations to harness technology effectively to achieve their goals.
Core Business Areas
CDW’s business model is built on delivering comprehensive IT solutions that address the complex needs of its clients. Its solutions span several key areas:
- Hybrid Infrastructure: CDW provides on-premise and cloud-based solutions, enabling organizations to create flexible and scalable IT environments.
- Digital Experience: The company focuses on enhancing user experience through cutting-edge technology, including collaboration tools and mobility solutions.
- Security: CDW offers robust cybersecurity solutions to protect organizations from evolving threats, ensuring data integrity and compliance.
- Managed Services: These services help clients optimize their IT operations by outsourcing complex tasks such as network management and cloud monitoring.
Market Segments
CDW operates through five distinct segments to address the unique needs of its diverse clientele:
- Corporate: Serving private-sector businesses in the United States, this segment generates the majority of CDW’s revenue.
- Small Business: Focused on providing tailored IT solutions for smaller organizations with unique resource constraints.
- Public: Catering to government, education, and healthcare sectors, this segment addresses the specialized compliance and operational requirements of public entities.
- CDW UK: Expanding the company’s reach to the United Kingdom, offering localized IT solutions.
- CDW Canada: Supporting Canadian organizations with a comprehensive range of IT products and services.
Competitive Position
CDW operates in a competitive landscape that includes major players such as Insight Enterprises and SHI International. Its competitive edge lies in its ability to offer a one-stop shop for IT needs, supported by a robust supply chain, deep vendor relationships, and a highly skilled workforce. By combining a broad product portfolio with specialized services, CDW provides end-to-end solutions that differentiate it from competitors.
Revenue Streams
CDW generates revenue through the sale of discrete IT products, including hardware and software, as well as through value-added services such as consulting, implementation, and managed IT solutions. Its hybrid approach allows the company to capture value across the IT lifecycle, from initial procurement to long-term management and optimization.
Industry Context
The IT solutions industry is characterized by rapid technological advancements and increasing demand for digital transformation. Organizations across all sectors are seeking ways to modernize their IT infrastructure, enhance security, and improve operational efficiency. CDW is well-positioned to capitalize on these trends, leveraging its expertise and extensive partner ecosystem to deliver innovative solutions that meet evolving market needs.
Conclusion
CDW Corp is a vital player in the IT solutions industry, offering a comprehensive range of products and services that empower organizations to navigate the complexities of modern technology. Its segmented approach, robust service offerings, and strong market presence make it a trusted partner for clients across various sectors. For investors and analysts, CDW represents a compelling opportunity to engage with a company at the forefront of IT innovation and integration.
CDW (Nasdaq: CDW), a leading multi-brand provider of IT solutions, has announced its participation in the upcoming Morgan Stanley Technology, Media & Telecom Conference in San Francisco. Albert J. Miralles, senior vice president and chief financial officer, will engage in a question and answer session on Tuesday, March 4, 2025, at 10:30 a.m. CT/8:30 a.m. PT.
The session will be accessible through a live webcast on investor.cdw.com, with the recording remaining available for 180 days after the event. CDW serves business, government, education, and healthcare customers across the United States, the United Kingdom, and Canada.
CDW (Nasdaq: CDW) announced a significant expansion of its shareholder return program, including a $750 million increase to its share repurchase authorization and a quarterly cash dividend declaration of $0.625 per share. The dividend represents a 1% increase from the previous year and will be paid on March 11, 2025, to stockholders of record as of February 25, 2025.
The new repurchase authorization adds to approximately $588 million remaining from the previous program as of December 31, 2024. Since its IPO in June 2013, CDW has returned over $7.2 billion to stockholders through dividends and share repurchases, with the dividend growing nearly fifteen-fold from its initial level.
CDW (Nasdaq:CDW) reported its Q4 and full-year 2024 results. Q4 net sales increased 3.3% to $5,186 million, while full-year sales decreased 1.8% to $20,999 million. Q4 net income declined 10.8% to $264.2 million, with earnings per diluted share at $1.97, down 9.8% from the previous year.
The company's Board approved a $750 million increase to its share repurchase authorization and declared a quarterly cash dividend of $0.625 per share, representing a 1% increase year-over-year. Despite challenging market conditions, CDW saw improvements in certain end-markets during Q4, with Healthcare customers showing particularly strong growth of 29.5%.
Gross profit margin in Q4 was 22.3%, down from 23.0% in Q4 2023, while full-year gross profit margin remained stable at 21.9%. The company maintains its target of exceeding US IT market growth by 200-300 basis points for 2025.
Medexus Pharmaceuticals announces FDA approval of GRAFAPEX (treosulfan), an alkylating agent used with fludarabine for allogeneic hematopoietic stem cell transplantation in AML or MDS patients. The drug holds Orphan Drug Designation, providing up to 7.5 years of regulatory exclusivity.
The company targets commercial launch in first half of 2025, projecting annual product-level revenue to exceed $100 million within five years. A $15 million regulatory milestone payment to medac GmbH will be made in installments: $2.5M by June 2025, $5M by October 2025, and $7.5M by January 2026.
Preliminary Q3 2025 estimates show revenue between $29.5-30.5 million (17% YoY increase), Adjusted EBITDA of $5.5-6.0 million (70% YoY increase), and operating income of $3.5-4.0 million (123% YoY increase). The company reports $8.5 million in available liquidity as of December 31, 2024.
CDW (Nasdaq: CDW), a leading multi-brand provider of information technology solutions, has announced it will host a webcast conference call to discuss its fourth quarter and full year 2024 results on Wednesday, February 5, 2025, at 7:30 a.m. CT/8:30 a.m. ET.
The live webcast, which will include audio and slides, will be accessible at investor.CDW.com. The company will post the press release and presentation slides on the website before the call. Investors are advised to register and download necessary software at least fifteen minutes before the call. A recorded replay will be available on the website after the event.
Great Hill Partners has announced the sale of Mission Cloud Services to CDW (NASDAQ: CDW). Mission Cloud Services, founded in partnership with Simon Anderson, has grown to become the largest independent AWS managed services company in the United States. The company specializes in cloud professional services, managed services, and consulting, particularly for Amazon Web Services customers. As an AWS-certified generative AI partner, Mission offers AI and Machine Learning solutions with comprehensive protection for AWS-managed environments. Great Hill Partners initially invested in Mission in 2017 and strengthened its market position through three strategic technology company acquisitions from 2017-2019.
CDW has acquired Mission Cloud Services, an AWS Premier Tier Partner specializing in cloud professional services, managed services, and consulting. The acquisition enhances CDW Digital Velocity's cloud, data, AI, and software platform engineering capabilities. Mission, founded in 2017, will become CDW's dedicated AWS practice, bringing expertise in customized solutions for small business and mid-market AWS customers. As an AWS-certified generative AI partner, Mission offers AI/ML solutions and security services for AWS environments. The merger combines their AWS expertise, with a total of 17 AWS Competencies.
CDW (Nasdaq: CDW) announced that its CEO Christine A. Leahy and CFO Albert J. Miralles will participate in a Q&A session at the UBS Global Technology and AI Conference. The event will take place at The Phoenician in Scottsdale, Arizona on December 3, 2024, at 10:35 a.m. CT. The session will be webcast live on investor.cdw.com, with the recording available for 180 days after the event. CDW is a leading multi-brand provider of IT solutions serving business, government, education, and healthcare customers across the US, UK, and Canada.
CDW Canada's new research reveals significant unauthorized use of Generative AI (GenAI) tools in Canadian workplaces. The study shows 47 percent of Canadian workers are using unregulated AI tools, with 33 percent using them weekly. Employee confidence in AI increases when organizations take the lead, with 61 percent feeling comfortable when tools are officially implemented.
The research highlights that mid and senior-level employees are the primary users of unapproved GenAI tools, with 38 percent and 37 percent respectively using them without approval. While 36 percent of organizations plan to implement AI tools, 73 percent haven't sought third-party support, putting pressure on internal IT teams.
CDW has announced a quarterly cash dividend increase of 1% to $0.625 per share, payable on December 10, 2024, to stockholders of record as of November 25, 2024. The dividend aligns with the company's target of 25% of trailing-twelve-month Non-GAAP net income through September 30, 2024. Since its IPO in 2013, CDW's dividend has grown nearly fifteen-fold with eleven consecutive years of increases. The company has returned approximately $6.9 billion to stockholders through share repurchases and dividends.
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