Systemax: 1Q Earnings Snapshot

The technology products marketer posted revenue of $232.2 million in the period.

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Systemax Inc. on Tuesday reported first-quarter profit of $9.7 million.

On a per-share basis, the Port Washington, New York-based company said it had net income of 25 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 29 cents per share.

The technology products marketer posted revenue of $232.2 million in the period.

Systemax shares have dropped nearly 5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.74, a decrease of 28 percent in the last 12 months.

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