PC Mall Reports Q4 EPS of $0.32 vs. $0.29

PC Mall, Inc. MALL today reported financial results for the fourth quarter of 2010. Consolidated net sales for Q4 2010 were a record $425.4 million, an increase of 26%, from $337.0 million in Q4 2009. Consolidated gross profit for Q4 2010 increased 22% to $49.5 million from $40.5 million in Q4 2009. Consolidated gross profit margin was 11.6% in Q4 2010 compared to 12.0% in Q4 2009. Consolidated operating profit for Q4 2010 increased 891% to $6.8 million compared to consolidated operating profit of $0.7 million for Q4 2009. Operating margin for the fourth quarter was 1.6%, compared to operating margin of 0.2% in Q4 2009. Consolidated net income for Q4 2010 increased to $3.9 million compared to consolidated net income of $0.1 million for Q4 2009. Diluted EPS for Q4 2010 was $0.32 compared to diluted EPS of $0.01 for Q4 2009. Adjusted EBITDA for Q4 2010 increased 251% to $9.6 million from $2.7 million in Q4 2009.