CDW Corporation
CDW Corporation Reports Strong Q1 2025 Financial Results and Declares Quarterly Dividend
Summary
CDW Corporation reported strong financial results for the first quarter of 2025, with net sales increasing by 6.7% to $5.199 billion. The company also declared a quarterly cash dividend of $0.625 per share, payable on June 10, 2025, to shareholders of record as of May 26, 2025. Non-GAAP net income increased by 9.9% to $286.5 million, and net income per diluted share rose by 6.1% to $1.69. These results reflect robust growth across various segments, particularly in the public sector, driven by strong demand for technology solutions.
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About CDW Corporation
CDW Corporation is a leading provider of information technology solutions in the corporate, government, education, and healthcare sectors. Founded in 1984 and headquartered in Lincolnshire, Illinois, CDW offers a broad array of IT products and services, ranging from hardware and software to integrated technology solutions. The company has established itself as a crucial partner for organizations seeking to address complex IT challenges, enhance operational efficiency, and maintain secure infrastructures. CDW's primary function is to supply comprehensive tech solutions that encompass data center optimization, cybersecurity, cloud computing, and digital workplace innovations. With a strong focus on customer service and technical expertise, CDW collaborates closely with major technology vendors like Cisco, Apple, and Microsoft, serving as both a value-added reseller and a trusted IT advisor. Its extensive catalog of offerings enables diverse industries to stay competitive in an ever-evolving digital landscape. In the financial market, CDW's significance is underscored by its consistent revenue growth and robust market presence. As businesses increasingly rely on technology to drive transformation, CDW stands out as a pivotal player in facilitating the adoption and integration of cutting-edge IT solutions.
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