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CDW 00 CDW Reports First Quarter 2021 Earnings Reinforces Power of Business Model and Strategy ( Dollars in millions , except per share amounts ) Net Sales Average Daily Sales¹ Gross Profit Operating Income Net Income Non - GAAP Operating Income² Net Income per Diluted Share Non - GAAP Net Income per Diluted Share² Three Months Ended March 31 , 2021 $ $ $ Three Months Ended March 31 , 2020 4,837.5 $ 76.8 795.2 323.4 232.6 367.7 1 1.63 $ 1.74 $ 4,389.2 68.6 756.5 245.8 167.9 303.9 1.16 1.38 % Chg . 10.2 12.0 5.1 31.6 38.6 21.0 40.3 26.2 There were 63 and 64 selling days for the three months ended March 31 , 2021 and 2020 , respectively . ² Non - GAAP measures used in this release that are not based on accounting principles generally accepted in the United States of America ( " US GAAP " ) are each defined and reconciled to the most directly comparable US GAAP measure in the attached schedules . LINCOLNSHIRE , III . , May 5 , 2021 -- CDW Corporation ( Nasdaq : CDW ) , a leading multi - brand provider of information technology solutions to business , government , education and healthcare customers in the United States , the United Kingdom and Canada , today announced first quarter 2021 results . CDW also announced the approval by its Board of Directors of a quarterly cash dividend of $ 0.40 to be paid on June 10 , 2021 to all stockholders of record as of the close of business on May 25 , 2021 . " The diversity of our customer end markets and our solutions portfolio drove our record first quarter results , and reinforced confidence in our strategy . During the quarter , customers focused on remote enablement and investments for the future . Technology spend rebounded in our channels most impacted last year due to the COVID - 19 pandemic , " said Christine A. Leahy , president and chief executive officer , CDW . “ I am extremely proud of the commitment , agility and resolve of our coworkers , who continued to successfully deliver customer outcomes and capabilities across the full technology solutions stack and lifecycle . " " Strong operating results were amplified by share repurchases , delivering a 26 percent increase in Non GAAP net income per diluted share , " said Collin B. Kebo , chief financial officer , CDW . " Given this quarter's results and our expectations for the balance of the year , we now expect 2021 constant currency Non - GAAP net income per diluted share growth of low double - digits . " " We expect to exceed our previous 2021 outlook of outpacing the US IT market growth by 200 to 300 basis points on a constant currency basis . We will continue to execute our strategy , invest in the business , and be laser - focused on meeting the needs of our more than 250,000 customers in the United States , the United Kingdom and Canada and remaining the partner of choice for more than 1,000 leading and emerging technology brands as the technology market continues to evolve , " concluded Leahy .