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Channel Financials: 9 Channel Companies Reported Mixed Late-Year Results

Seven publicly-listed solution providers and two distributors last week reported financials, but all things were not equal as several reported flat or decreasing year-over-year revenue or earnings.

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Highlighting Channel Strengths, Weaknesses

The week of Feb. 4 was a busy week for channel financials, as nine channel companies, including seven solution providers and two distributors, reported their quarterly or yearly revenue and earnings. For these companies, it was busy in other respects as one solution provider, Cognizant, introduced a new CEO, while another, DXC Technologies, saw its CEO get slapped with a lawsuit from a former executive who at one time was expected to someday become CEO himself.

It was a week of mixed results, with one distributor and two solution providers reporting strong revenue and earnings growth, two solution providers reporting flat or falling revenue with falling earnings, and the rest reporting moderate growth. However, year-over-year comparisons got trickier than normal thanks to accounting rules changes that is making simple GAAP and non-GAAP comparisons more difficult than before.

For a look at how these nine leading channel companies fared, turn the page.

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