Revenue Update on CDW Corp(NASDAQ:CDW)

CDW Corp(NASDAQ:CDW) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $3.67B. Analysts estimated a revenue of $3.65B. Earnings per share were $0.93. Analysts had estimated an EPS of $0.85.

CDW Corp (CDW) shares turned negative on Fridays trading session with the shares closing down -0.23 points or -0.51% at a volume of 5,67,451. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $45.615. The peak price level was also seen at $45.615 while the days lowest was $45.1. Finally the shares closed at $45.29. The 52-week high of the shares is $46.92 while the 52-week low is $30.4. According to the latest information available, the market cap of the company is $7,396 M.

Several Insider Transactions has been reported to the SEC. On Mar 11, 2016, Neil B Fairfield (VICE PRESIDENT & CONTROLLER) sold 2,791 shares at $40.44 per share price.Also, On Dec 11, 2015, Paul J Finnegan (director) sold 636,892 shares at $44.05 per share price.On Dec 11, 2015, Glenn M Creamer (director) sold 563,108 shares at $44.05 per share price, according to the Form-4 filing with the securities and exchange commission.

CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. Its offerings include mobility security data center optimization cloud computing virtualization and collaboration. The Company offers products for Corporate and Public. Corporate offerings are offered for private sector business customers. Public customers include Government agencies and education and healthcare institutions. CDW has three segments CDW Advanced Services Canada and Kelway TopCo Limited (Kelway). The Company is a sales channel partner for many original equipment manufacturers (OEMs) and software publishers (collectively its vendor partners) whose products it sells or include in the solutions CDW offers. The Company helps its customer base of more than 250000 small medium and large business government education and healthcare customers by delivering solutions to their IT needs.

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