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PC Mall Down Nearly 12%, Q4 Earnings Drop vs Yr Ago

  • by MidnightTrader.com
    February 25, 2010 - 10:26 am EST
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10:26 AM Eastern Standard Time, 02/25/2010 (MidnightTrader) — PC Mall (MALL) has tumbled in morning trading, down more than 11%, after reporting late Wednesday that it earned $83,000, or a penny per share, in the last three months of 2009, compared with $984,000, or 7 cents per share, in the year-ago quarter.

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Revenue rose 1% to $337 million.

The results are preliminary because a goodwill impairment analysis is still underway. The results could lower earnings, the company said.

Price: 4.67, Change: -0.62 , Percent Change: -11.72

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