VERNON HILLS, Ill. (AP) — VERNON HILLS, Ill. (AP) — CDW Corp. (CDW) on Tuesday reported third-quarter net income of $291 million.
On a per-share basis, the Vernon Hills, Illinois-based company said it had profit of $2.21. Earnings, adjusted for amortization costs and stock option expense, came to $2.71 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.62 per share.
The information technology company posted revenue of $5.74 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $5.69 billion.
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