The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On August 5, CDW reported second-quarter gross profit margins that fell below Wall Street estimates. Consequently, shares of the IT solutions provider plunged 14% in premarket trading. Although the company achieved stronger-than-expected revenue, the positive results were offset by the disappointing margin performance.