EL SEGUNDO, Calif., July 06, 2017 (GLOBE NEWSWIRE) -- PCM, Inc. (NASDAQ:PCMI), a leading technology solutions provider, today announced the company's debut on the FORTUNE 1000 list, the annual ranking by FORTUNE Magazine of the 1,000 largest U.S. companies, listed in order of reported revenue. With 2016 net sales of $2.25 billion, PCM, Inc. joins the ranking for the first time at #877.
The company's announcement of the Fortune 1000 debut follows its inclusion in the Russell 3000® Index, an index of the 4,000 largest U.S. stocks as determined by FTSE Russell, based primarily on market-capitalization rankings and style attributes.
Frank Khulusi, Chairman and CEO of PCM, Inc., commented, "Being added to the FORTUNE 1000 is a strong testament to the tremendous growth and success we have achieved by delivering leading-edge technology solutions to our customers. Our position on this distinguished list of leading multi-national corporations further validates the investments we have made in becoming a leading technology solutions provider serving customers IT needs on a global basis."
The FORTUNE 1000 is FORTUNE magazine's list of the largest U.S. companies ranked by revenue and is one of the most widely-quoted and highly-recognized business lists. For more information on the FORTUNE 1000, go to www.fortune.com/500.
About PCM, Inc.
PCM, Inc., through its wholly-owned subsidiaries, is a leading technology solutions provider to small and medium sized businesses, mid-market and enterprise customers, government and educational institutions and individual consumers across the United States and Canada.
We generated net sales of $2.3 billion in the twelve months ended March 31, 2017. For more information, please visit investor.pcm.com or call (310) 354-5600.
Source: PCM, Inc.
News Provided by Acquire Media