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CDW beats quarterly profit estimates on strong demand for its IT solutions
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CDW beats quarterly profit estimates on strong demand for its IT solutions
Nov 4, 2025 6:05 AM

Nov 4 (Reuters) - IT solutions provider CDW beat

Wall Street estimates for third-quarter profit on Tuesday, as

enterprise customers increased tech budgets and embraced

artificial intelligence cloud adoption.

Growing demand for AI-related cloud and infrastructure to

support intensive computing has boosted the need for CDW's IT

solutions, which include hardware, software and services for

sectors like healthcare, government and education.

CDW's chief financial officer, Albert Miralles, said strong

performance in services and cloud was a key driver of growth and

margins in the quarter.

The company, whose supply partners include Apple ( AAPL ),

Dell, IBM ( IBM ) and Cisco ( CSCO ), reported a 3%

rise in adjusted profit to $2.71 per share for the quarter,

beating the estimates of $2.62 per share, according to data

compiled by LSEG.

Net sales rose 3.8% to $5.74 billion, narrowly missing

estimates of $5.75 billion.

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