Despite slightly decreased sales, PC Mall Inc. posts record profits for the third quarter.
The Torrance-based computer hardware retailer reported record third quarter net income of $1.9 million (15 cents per share), up 90 percent from $200,000 (2 cents) from the same period a year earlier. Sales for the retailer were down 1 percent to $242 million due to last spring’s spin-off of eCOST.com.
Shares in PC Mall were up 35 cents to $8.10 in early trading Monday.