PCMI Q1 revenues may have been slightly below what they were tracking for, but more importantly margins were stronger, hence the bottom line came in above expectations ..... I think the stock is still rather cheap at $11.
hweb, PCMI, see my prior post to a partial explanation given in the conf call for why sales growth was lower than guided for and margins were higher than expectations (in spite of only having a three or four weeks left in the quarter).