Developing in commercial zones, dead-end roads
The New Hampshire House and Senate sent three bills to Gov. Kelly Ayotte intended to enable more housing construction, overcoming opposition from the New Hampshire Municipal Association and others.
PC Connection sees 2Q increase
Earnings increased in the second quarter for Merrimack-based PC Connection, the company reported Thursday.
Net sales for the second quarter ended June 30 increased 8 percent, or $33 million, to $441.1 million, compared to the $408.1 million reported for second quarter 2006.
Net income for the quarter increased 85 percent to $5.8 million, or 21 cents per share, compared to the $3.1 million, or 12 cents per share, reported for second quarter 2006.
Net sales for the first six months of 2007 increased 6.4 percent, or $50.7 million, to $839.3 million, compared to the $788.6 million reported for the first six months of 2006.
Net income for the first six months of 2007 was $9.1 million, or 34 cents per share, compared to $4.8 million, 19 cents per share a year earlier.
Gross profit rose 6 percent to $54 million in the second quarter of 2007, compared to $50.7 million for second quarter 2006.
The company’s Public Sector Segment showed the greatest growth for the second quarter, increasing by 16.9 percent to $75.6 million. Newly awarded federal and state government contracts contributed to this growth. – TRACIE STONE
