Channel News and Analysis - Channel Insider
Empowering the next generation Channel
 

Bull’s Eye Awards
Nominations Open for Channel Insider 2009 Bull’s Eye Awards
Nominations are now open for the Channel Insider 2009 Bull’s Eye Awards, which recognize excellence in customer service, technology prowess, business acumen, channel leadership, communications and community building, and innovation among vendors, solution providers, distributors and channel services companies.



Sponsored Links
  • Control VM Sprawl, What You Don’t Know Can Hurt You
  • FREE Sophos Encryption Tool: Encrypt, compress and share files easily
  • LSI 6Gb/s Portfolio Expands to Include SATA+SAS HBAs
  • Reduce the cost of managing your mobile workers.
  • Find out 7 Ways to Drive Data Center Efficiency
  • SonicWALL breaks through network and email gridlock
  • Save up to 40% on calling costs with Avaya Aura™



  •  

    Now-Private CDW Offers a Peek at Financials

    in Channel News and Analysis


    Article Rating:starstarstarstarstar / 6
    Article Views: 1542

    Rate This Article:
    Add This Article To:
    The reseller giant went private in 2007, but offered a look at its annual andQ4 results; full-year sales climbed 20 percent and Q4 sales grew by 17 percent year over year.

    Privately held CDW Corp. reported that its full-year 2007 sales grew by 20 percent year over year and its fourth-quarter sales climbed by 17 percent year over year.

    Formerly publicly held, CDW reported these results eight months after the company announced its intention to go private through an acquisition by a private equity firm.

    The Vernon Hills, Ill., company said sales for the full-year 2007 totalled $8.14 billion compared with $6.78 billion in 2006.  Average daily sales for 2007 were $32.06 million compared with $26.71 million in 2006, also representing a 20 percent increase.
    Resource Library:

    Sales for the fourth quarter totalled $2.13 billion, compared with $1.82 billion for the same quarter a year ago.  Average daily sales in the fourth quarter were $33.86 million compared with $28.95 million during the fourth quarter last year.

    Sales results for 2007 include revenues from Berbee Information Networks, acquired by CDW on Oct. 11, 2006.  Sales for 2006 and the fourth-quarter 2006 do not include any revenues from Berbee.

    CDW announced in May 2007 that it had agreed to be acquired by Madison Dearborn Partners and Providence Equity Partners.





    Discuss Now-Private CDW Offers a Peek at Financials
     
    >>> Be the FIRST to comment on this article!
     

     
     
    >>> More Channel News and Analysis Articles          >>> More By Jessica Davis
     



     


    [ci] feeds
    XML
    Add Channel News, Product Reviews, Trends and Analysis to your RSS newsreader or My Yahoo!


    HTML PLAIN TEXT

    Keep on top of news for VARs and Resellers with CI's Weekly Newsletter and Alerts.

     


    CHANNEL RESOURCE CENTER
     
     
    Enterprise Mobility Zone
    The Enterprise Mobility Zone (EMZ) blog is a tool designed to help senior IT executives discuss, create and deploy next-generation mobile strategies in their organizations.
    Go beyond yesterday's tactical approach to mobility!
     
    Build A More Efficient Data Center
    Demands are growing but budgets are not. Solve your pressing IT issues using the resources you already have. Determine which technologies can help you drive efficiencies and how they are applied. Gain a quick ROI on new initiatives
    Find out how
    Let Enterprise TechBrief do the work for you. Aggregated content, tech news, product reviews, vendor updates, how-to’s—all you need to boost your efficiencies and cut costs, all from one place.
    enterprisetechbrief.com