ePlus

ePlus, Inc. provides information technology solutions that enable organizations to optimize their information technology (IT) environment and supply chain processes in the United States. It operates in two segments: Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally-provided and outsourced services, and advanced professional and managed services, including ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services. The Financing segment specializes in arrangements, such as direct financing, sales-type, and operating leases, loans and consumption-based financing arrangements, and underwriting and management of IT equipment and assets. Its financing operations consist of sales, pricing, credit, contracts, accounting, risk management, and asset management. This segment primarily finances IT equipment, communication-related equipment, and medical equipment, and industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment directly, as well as through vendors. ePlus serves commercial entities, state and local governments, government contractors, and educational institutions The company was founded by Bruce M. Bowen in 1990 and is headquartered in Herndon, VA.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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ePlus reports strong Q1 2023 earnings, eyes telecom market and AI for growth

ePlus delivered strong financial results, driven by growth in net sales, gross billings, and gross profit. The company's expansion into the telecom market and the introduction of cost-effective solutions position it well for future growth. However, challenges related to supply chain impact and demand trends were highlighted, while opportunities for growth through expansion and AI capabilities were emphasized.

ePlus reports strong Q1 performance driven by acquisitions and market demand

ePlus delivered a robust performance in Q1 2024, driven by strong sales growth and successful acquisitions. While facing challenges related to acquisitions and pricing pressures, the company is well-positioned to capitalize on opportunities presented by market outlook and customer demand trends.

ePlus reports strong Q3 earnings, eyes growth amid market challenges

ePlus delivered a robust performance in Q3 2023, showcasing strong financial results and highlighting growth opportunities in the Technology segment and managed services business.
Despite challenges such as supply chain constraints and margin pressures, ePlus remains well-positioned with a strong balance sheet and financial flexibility for potential acquisitions.
The company's focus on long-term growth prospects, competitive position, and revenue diversification underscores its resilience and strategic approach to navigating market dynamics.

ePlus reports robust Q4 earnings, eyes cybersecurity and telecom growth

ePlus' Q4 2023 performance reflects a solid financial trajectory with notable growth in key metrics and strategic business segments.
The company's strengths lie in its focus on innovative solutions, managed services, and strategic acquisitions, positioning it well for future growth.
While facing challenges in sustaining rapid growth and managing acquisitions, ePlus has opportunities to leverage cybersecurity demand, IT spending trends, and market expansion for continued success.

ePlus reports strong Q2 performance, affirms guidance amid growth

ePlus delivered a robust performance in Q2 2024, showcasing strong sales growth, improved earnings, and a focus on key technology solutions.
Despite challenges like extended sales cycles, the company remains confident in meeting its fiscal 2024 guidance and sustaining growth momentum.
With a strategic focus on key strengths like security solutions and managed services, ePlus is well-positioned to capitalize on growth opportunities and navigate market challenges.

ePlus reports solid performance in Q3 amidst challenges and opportunities

ePlus reported solid year-to-date performance with growth in net sales driven by digital transformation technologies and AI support.
Despite a decline in Q3 net sales, the company maintained strong service revenue growth and improved services gross margin.
Challenges include lower net income for the quarter due to decreased product sales and higher expenses, impacting profitability.
ePlus remains confident in growth prospects, especially in AI, and aims to achieve the lower end of its 2024 financial guidance.

ePlus reports strong Q4 earnings, sets optimistic outlook for 2025

ePlus demonstrated solid revenue growth in Q4 2024 driven by technology business and service revenue.
Despite challenges in gross margin and net earnings, the company's strong cash position and share repurchase authorization signal financial stability.
Guidance for fiscal year 2025 indicates a positive trajectory with expected sales growth and EBITDA range.

ePlus reports Q1 earnings decline, focuses on services growth

ePlus showcased strength in managed services and the Finance Segment, despite a decline in net sales.
Challenges in product sales and tough year-over-year comparisons were highlighted for the upcoming quarters.
Opportunities lie in the company's strategic focus areas and potential for recovery in net sales growth.

ePlus reports mixed Q2 results, focuses on services and AI

ePlus navigated challenges in product sales through strong growth in services and the acquisition of Bailiwick.
The company's focus on AI solutions, security services, and EBITDA growth highlights strategic initiatives for future success.
While facing market transformations, ePlus remains agile in adapting its offerings and expanding its customer base.

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ePlus, Inc. engages in the provision of information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States. It operates through the Technology and Financing segments. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services, and advanced professional and managed services, including ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services. The Financing segment specializes in arrangements, such as direct financing, sales-type, and operating leases, loans and consumption-based financing arrangements, and underwriting and management of IT equipment and assets. Its financing operations consist of sales, pricing, credit, contracts, accounting, risk management, and asset management. This segment primarily finances IT equipment, communication-related equipment, and medical equipment, and industrial machinery equipment, office furniture and general office equipment, transportation equipment, and other general business equipment directly, as well as through vendors. The company was founded by Bruce M. Bowen in 1990 and is headquartered in Herndon, VA.

ePlus inc. (PLUS) CEO Mark Marron on Q2 2022 Results - Earnings Call Transcript

HERNDON, Va., Nov. 9, 2021 /PRNewswire/ --  Second Quarter Fiscal Year 2022 Net sales increased 5.8% to $458.0 million; technology segment net sales increased 4.0% to $436.3 million; service revenues increased 23.1% to $60.9 million.

ePlus Reports Second Quarter and First Half Financial Results and Announces 2-for-1 Stock Split

EPlus (PLUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

EPlus (PLUS) Earnings Expected to Grow: Should You Buy?

HERNDON, Va., Oct. 28, 2021 /PRNewswire/ -- ePlus inc.

ePlus Joins Forces with Houston Habitat for Humanity to Build Two Homes

HERNDON, Va., Oct. 26, 2021 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that on November 9, 2021, it will release earnings and host a conference call regarding its financial results for the three and six months ended September 30, 2021. Earnings will be released after the market closes, and management will hold a conference call and audio webcast at 4:30 p.m. ET.

ePlus Announces Second Quarter and Six Month Fiscal Year 2022 Earnings Release Date and Conference Call

HERNDON, Va., Oct. 26, 2021 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that its London-based subsidiary, IGXGlobal UK Limited, has expanded its Security Services portfolio to include a new Managed Detection and Response (MDR) offering that will help customers across Europe defend against growing cyber-threats.

IGXGlobal to Provide Managed Detection and Response Security Services to Customers Across Europe

Launched during National Cyber Security Awareness Month, this new suite of offerings enhances awareness around ransomware attacks and heightened insurance coverage standards

ePlus Launches Suite of Security Services to Address Cyber Insurance Requirement Concerns

HERNDON, Va., Oct. 19, 2021 /PRNewswire/ -- ePlus inc.

ePlus Announces New Credit Facility

HERNDON, Va., Oct. 18, 2021 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has achieved Amazon Web Services (AWS) Networking Competency status for AWS Consulting Partners.

ePlus Achieves AWS Networking Competency Status

ePlus' AI Bundle combines hardware, software and implementation services in partnership with leaders SFL Scientific and John Snow Labs to improve AI development in healthcare organizations from concept to production

ePlus Launches Turn-Key Technology Bundle to Facilitate Adoption of Artificial Intelligence by Healthcare Organizations

HERNDON, Va., Sept. 16, 2021 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it facilitated a largescale IT infrastructure deployment that will help Bryn Mawr Trust Company leverage technology to achieve its strategic growth objectives and adapt more quickly to changing business conditions.

ePlus Partners with Bryn Mawr Trust to Support Digital Business Transformation Initiative

HERNDON, Va., Sept. 15, 2021 /PRNewswire/ -- ePlus inc.

ePlus to Present at the Sidoti & Company Virtual Small Cap Investors Conference

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ePlus (PLUS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

ePlus (PLUS) Hits Fresh High: Is There Still Room to Run?

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Should You Buy ePlus (PLUS) After Golden Cross?

ePlus, Inc. (PLUS) CEO Mark Marron on Q1 2022 Results - Earnings Call Transcript

ePlus (PLUS) delivered earnings and revenue surprises of 26.45% and 5.96%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

EPlus (PLUS) Q1 Earnings and Revenues Surpass Estimates

HERNDON, Va., July 28, 2021 /PRNewswire/ -- ePlus inc.

ePlus Announces First Quarter Fiscal Year 2022 Earnings Release Date and Conference Call

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HERNDON, Va.--(BUSINESS WIRE)---- $PLUS #CRN--ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has ranked in the top 10 percent of North American IT Channel Partners in the 2021 Solution Provider 500 list published by CRN®, a brand of The Channel Company. CRN announces its top 500 solution providers list each year, ranking the leading IT channel partner organizations across North America by revenue. ePlus brings deep expertise that spans the entire IT lifecycle and every critical discipline along

ePlus Ranked in Top 10% of North American IT Channel Partners in CRN's 2021 Solution Provider 500 List

HERNDON, Va.--(BUSINESS WIRE)---- $PLUS #Baird--ePlus inc. will present at the Baird 2021 Global Consumer, Technology & Services Virtual Conference at 3:45 p.m. on Wednesday, June 9, 2021.

ePlus to Present at the Baird 2021 Global Consumer, Technology & Services Virtual Conference

HERNDON, Va.--(BUSINESS WIRE)---- $PLUS #Investors--ePlus inc. will present at 10:00 AM ET on Tuesday, June 8, at the Stifel 2021 Cross Sector Insight Conference.

ePlus to Present at the Stifel 2021 Cross Sector Insight Conference

ePlus, Inc. (PLUS) CEO Mark Marron on Q4 2021 Results - Earnings Call Transcript

ePlus (PLUS) delivered earnings and revenue surprises of 17.50% and -8.98%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

EPlus (PLUS) Tops Q4 Earnings Estimates

Shares of ePlus (NASDAQ:PLUS) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 13.71% year over year to $1.41, which beat the estimate of $1.19.

News for ePlus Stock (PLUS)