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

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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 (PLUS) came out with quarterly earnings of $1.36 per share, missing the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.40 per share a year ago.

EPlus (PLUS) Q2 Earnings and Revenues Miss Estimates

ePlus inc. (NASDAQ:PLUS ) Q2 2025 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Kleyton Parkhurst - Senior Vice President Mark Marron - President & Chief Executive Officer Elaine Marion - Chief Financial Officer Conference Call Participants Greg Burns - Sidoti & Company Victor Santiago - Stifel Operator Good day, ladies and gentlemen. Welcome to the ePlus Earnings Results Conference Call.

ePlus inc. (PLUS) Q2 2025 Earnings Call Transcript

Second Quarter Gross Profit And Gross Margin Improved Year Over Year Second Quarter Fiscal Year 2025 •           Net sales decreased 12.3% to $515.2 million; technology business net sales decreased 13.8% to $493.3 million; service revenues increased 46.0% to $103.7 million. •           Technology business gross billings decreased 5.6% to $808.2 million.

ePlus Reports Second Quarter and First Half Financial Results Fiscal Year 2025

HERNDON, Va., Nov. 8, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that on November 12, 2024, it will release earnings and host a conference call regarding its financial results for the three and six months ended September 30, 2024. 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 Fiscal Year 2025 Earnings Release Date and Conference Call

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Here's why Plus500, CMC Markets, IG Group shares are soaring

MINNEAPOLIS--(BUSINESS WIRE)--Norwest Equity Partners (“NEP”), a leading middle market investment platform focused on building industry leaders, has sold Bailiwick (“the Company”), a provider of professionally managed technology integration and support for complex, large-scale IT infrastructures, to ePlus Technology, inc., a leading provider of technology and financing solutions. The transaction closed on August 19, 2024. Founded in 1995 and led by CEO Bob Marko and a highly experienced managem.

Norwest Equity Partners Sells IT Solutions Leader Bailiwick to ePlus

Acquisition strengthens ePlus Services portfolio across North America HERNDON, Va. , Aug. 20, 2024 /PRNewswire/ -- ePlus inc.

ePlus Acquires Bailiwick Services, LLC

HERNDON, Va. , Aug. 13, 2024 /PRNewswire/ -- ePlus Technology inc and IGXGlobal UK Limited, a wholly owned subsidiary of ePlus inc, (NASDAQ NGS: PLUS – news), today announced that both organizations have successfully achieved renewal of the Cisco Environmental Sustainability Specialization.

ePlus and IGXGlobal Earn Cisco Environmental Sustainability Specialization Renewal

ePlus inc. (NASDAQ:PLUS ) Q1 2025 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Kleyton Parkhurst - General Counsel Mark Marron - Director, President & CEO Elaine Marion - CFO Conference Call Participants Margaret Nolan - William Blair Margaret Nolan - Sidoti & Company Matthew Sheerin - Stifel Operator Good day, ladies and gentlemen. Welcome to the ePlus Earnings Results Conference Call.

ePlus inc. (PLUS) Q1 2025 Earnings Call Transcript

EPlus (PLUS) came out with quarterly earnings of $1.13 per share, missing the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.41 per share a year ago.

EPlus (PLUS) Misses Q1 Earnings and Revenue Estimates

First Quarter Fiscal Year 2025 Net sales decreased 5.2% to $544.5 million from last year's first quarter; technology business net sales decreased 5.3% to $535.5 million; services revenues increased 15.8% to $78.2 million. Technology business gross billings decreased 1.0% to $833.7 million.

ePlus Reports First Quarter Fiscal Year 2025 Financial Results

HERNDON, Va., July 30, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that on August 6, 2024, it will release earnings and host a conference call regarding its financial results for the three months ended June 30, 2024. 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 First Quarter Fiscal Year 2025 Earnings Release Date and Conference Call

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.

Analysts Estimate ePlus (PLUS) to Report a Decline in Earnings: What to Look Out for

Delivers highly-dynamic and flexible consumption model for enterprise storage complemented by first-call support and customer success resources HERNDON, Va. , July 12, 2024 /PRNewswire/ -- ePlus inc.

ePlus Announces Storage-as-a-Service Leveraging NetApp

Service Expansion to UK and Europe Follows Success in U.S. HERNDON, Va. , July 3, 2024 /PRNewswire/ -- IGXGlobal, a subsidiary of U.S.-based ePlus inc.

IGXGlobal Begins Offering Storage-as-a-Service Powered by Pure Storage

HERNDON, Va. , June 27, 2024 /PRNewswire/ -- ePlus inc.

ePlus Recognized as Juniper Networks 2023 Partner of the Year for Cloud Ready Data Center in Worldwide and Americas Categories

ePlus Disaster Recovery-as-a-Service (DRaaS) offering, powered by Azure Site Recovery, protects workloads living on-premises, in Azure, or in other clouds HERNDON, Va. , June 26, 2024 /PRNewswire/ -- ePlus inc.

ePlus Announces Azure Recover

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HERNDON, Va. , June 11, 2024 /PRNewswire/ -- ePlus inc.

ePlus Wins Lenovo U.S. Infrastructure Solutions Partner of the Year Award

Company Climbs Two Spots to Number 26 on Annual List HERNDON, Va. , May 31, 2024 /PRNewswire/ -- ePlus inc.

ePlus Earns Spot on CRN's 2024 Solution Provider 500 List

ePlus inc. (NASDAQ:PLUS ) Q4 2024 Earnings Conference Call May 22, 2024 4:30 PM ET Company Participants Kleyton Parkhurst - General Counsel Mark Marron - Director, President & CEO Elaine Marion - CFO Conference Call Participants Maggie Nolan - William Blair Matt Sheerin - Stifel Greg Burns - Sidoti & Company Operator Good day, ladies and gentlemen. Welcome to the ePlus Earnings Results Conference Call.

ePlus inc. (PLUS) Q4 2024 Earnings Call Transcript

EPlus (PLUS) came out with quarterly earnings of $0.93 per share, missing the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.36 per share a year ago.

EPlus (PLUS) Q4 Earnings Lag Estimates

- Return to Double Digit Net Sales Growth in 4Q Marked a Strong Close to The Year - HERNDON, Va. , May 22, 2024 /PRNewswire/ -- Fourth Quarter Fiscal Year 2024 Net sales increased 12.7% to $554.5 million from last year's fourth quarter; technology business net sales increased 12.6% to $544.1 million; services revenues increased 14.8% to $78.9 million.

ePlus Reports Fourth Quarter and Fiscal Year 2024 Financial Results and Announces New Share Repurchase Program

HERNDON, Va., May 15, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS) today announced that on May 22, 2024, it will release earnings and host a conference call regarding its financial results for the three months and fiscal year ended March 31, 2024. 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 Fourth Quarter and Fiscal Year 2024 Earnings Release Date and Conference Call

HERNDON, Va. , May 10, 2024 /PRNewswire/ -- ePlus inc.

News for ePlus Stock (PLUS)