CDW posts strong AI-driven revenue but faces margin strain
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CDW reported a 9.2% year-over-year revenue increase to $5.68 billion in Q1, exceeding analyst expectations by 3.8%, driven by AI and infrastructure demand. However, operating margins remained flat at 6.6% due to a shift towards hardware sales and supply chain issues affecting higher-margin services. Analysts are seeking insights on AI deal profitability and the sustainability of financial services growth during the earnings call.
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