Ups And Downs In Channel Company Stocks For Q1 2017

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PCM

CEO: Frank Khulusi

Dec. 30, 2016: $22.50

March 31, 2017: $28.05

Change: +24.67%

On Jan. 2, 2017, PCM acquired $4.1 million Microsoft Gold Partner Stratiform to boost its service capabilities around Azure, Office 365 and the Enterprise Mobility Suite.

PCM, No. 28 on the CRN Solution Provider 500, reported in February that net sales in 2016 hit $2.25 billion, up 35 percent from $1.66 billion in 2015. Net income for the year was $17.6 million compared to a $18.3 million net loss in 2015.

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