PC Mall Reports Third Quarter EPS of $.17

PC Mall, Inc. MALL today reported financial results for the third quarter of 2010. Consolidated net sales for Q3 2010 were $336.1 million, an increase of 20% from $280.3 million in Q3 2009. Consolidated gross profit increased to $43.2 million in Q3 2010 compared to $39.2 million in Q3 2009. Consolidated gross profit margin was 12.9% in Q3 2010 compared to 14.0% in Q3 2009. Consolidated operating profit for Q3 2010 increased 33% to $4.0 million compared to consolidated operating profit of $3.0 million for Q3 2009. Q3 2010 results over Q3 2009 included a $0.7 million increase in depreciation expense and a $0.2 million increase in costs due to an appreciation of the Canadian dollar relative to the United States dollar. The total of these items was $0.9 million. Consolidated net income for Q3 2010 increased 46% to $2.1 million compared to consolidated net income of $1.4 million for Q3 2009. Diluted EPS for Q3 2010 was $0.17 compared to diluted EPS of $0.11 for Q3 2009. Adjusted EBITDA (as defined below) for Q3 2010 increased 43% to $6.9 million from $4.8 million in Q3 2009. Information about our use of non-GAAP financial information is provided below under “Non-GAAP Measures.”