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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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.

Here is how ePlus (PLUS) and Sanmina (SANM) have performed compared to their sector so far this year.

Has ePlus (PLUS) Outpaced Other Computer and Technology Stocks This Year?

HERNDON, Va. , June 7, 2022 /PRNewswire/ -- ePlus inc.

ePlus Awarded North America Channel Services Delivery Excellence Partner of the Year and Server Excellence Partner of the Year

Company Climbs to Number 30 on Annual List HERNDON, Va. , June 6, 2022 /PRNewswire/ -- ePlus inc.

ePlus Recognized on CRN's 2022 Solution Provider 500 List

ePlus' (PLUS) fourth-quarter fiscal 2022 results reflect growth in technology and financing segments.

ePlus (PLUS) Q4 Earnings Beat Estimates, Revenues Up Y/Y

ePlus Inc. (NASDAQ:PLUS ) Q4 2022 Earnings Conference Call May 25, 2022 4:30 PM ET Company Participants Kley Parkhurst - SVP of Corporate Development and Assistant Secretary Mark Marron - CEO, President and Director Elaine Marion - CFO Darren Raiguel - COO Erica Stoecker - General Counsel Conference Call Participants Maggie Nolan - William Blair Greg Burns - Sidoti & Company Matt Sheerin - Stifel Operator Good day, ladies and gentlemen. Welcome to the ePlus Earnings Results Conference Call.

ePlus Inc. (PLUS) CEO Mark Marron on Q4 2022 Results - Earnings Call Transcript

ePlus (PLUS) delivered earnings and revenue surprises of 48.53% and 10.78%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

EPlus (PLUS) Beats Q4 Earnings and Revenue Estimates

--Robust Sales Growth Drives Significant Gains in Operating Income and Earnings-- HERNDON, Va. , May 25, 2022 /PRNewswire/ --  Fourth Quarter Fiscal Year 2022 Net sales increased 28.1% to $451.5 million; technology segment net sales increased 26.4% to $419.4 million; service revenues increased 16.6% to $61.6 million.

ePlus Reports Fourth Quarter and Fiscal Year 2022 Financial Results

ePlus (PLUS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

ePlus (PLUS) Shows Fast-paced Momentum But Is Still a Bargain Stock

Extends Monitoring and Management Capabilities of Fortinet Solutions HERNDON, Va., March 31, 2022 /PRNewswire/ -- ePlus inc.

ePlus Enhances Its Managed Security Services Portfolio with Addition of Fortinet Solutions

HERNDON, Va. , March 29, 2022 /PRNewswire/ -- ePlus inc.

ePlus Successfully Achieves Type 2 SSAE 18, HIPAA, PCI and ISO 9001 Attestations

HERNDON, Va. , March 24, 2022 /PRNewswire/ -- ePlus inc.

ePlus Announces Stock Repurchase Program

HERNDON, Va., March 22, 2022 /PRNewswire/ -- ePlus inc.

ePlus Achieves Inclusion on CRN Tech Elite 250 List for Ninth Year

HERNDON, Va , March 17, 2022 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it will present at the Sidoti & Company March 2022 Small Cap Virtual Conference.

ePlus to Present at the Sidoti & Company March 2022 Small Cap Virtual Conference

HERNDON, Va., March 11, 2022 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that its 2022 GRIT: Girls Re-Imagining Tomorrow® program has kicked off at six schools across the country. For the past five years, GRIT creators ePlus and Cisco have introduced school-aged girls to technology-based careers and positions available to them, with an emphasis on cybersecurity and artificial intelligence (AI).

ePlus Commences 2022 Girls Re-Imagining Tomorrow Program

HERNDON, Va., Feb. 14, 2022 /PRNewswire/ -- ePlus inc.

ePlus Recognized on CRN's 2022 Managed Service Provider 500 List in Elite 150 Category

ePlus Inc. (PLUS) CEO Mark Marron on Q3 2022 Results - Earnings Call Transcript

ePlus (PLUS) delivered earnings and revenue surprises of 18.28% and 8.92%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

EPlus (PLUS) Q3 Earnings and Revenues Top Estimates

HERNDON, Va., Jan. 27, 2022 /PRNewswire/ -- ePlus inc.

ePlus Announces Third Quarter and Nine Month Fiscal Year 2022 Earnings Release Date and Conference Call

EPlus (PLUS) possesses 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: What to Know Ahead of Q3 Release

ePlus (PLUS) has been struggling lately, but the selling pressure may be coming to an end soon.

ePlus (PLUS) Sees Hammer Chart Pattern: Time to Buy?

HERNDON, Va., Dec. 2, 2021 /PRNewswire/ -- ePlus inc.

ePlus Honored with Social Impact Partner of the Year Award for the Americas at Cisco Partner Summit 2021

HERNDON, Va., Dec. 1, 2021 /PRNewswire/ -- ePlus inc.

ePlus Launches READI Networking Strategy to Help Organizations Enable and Drive Digital Transformation

ePlus inc. stock (NASDAQ: PLUS) has lost around 1% in the last one week, underperforming the S&P 500 (up 0.03%). But, if you look at the change over the last one month (21 trading days), the stock has increased 8.5% vs a 3.2% rise in the S&P500.

What To Expect From EPlus Stock Over The Next One Month?

ePlus (PLUS) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

ePlus (PLUS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

HERNDON, Va., Nov. 18, 2021 /PRNewswire/ -- ePlus inc.

News for ePlus Stock (PLUS)