Welcome to our dedicated page for Eplus news (Ticker: PLUS), a resource for investors and traders seeking the latest updates and insights on Eplus stock.
Overview
ePlus (NASDAQ: PLUS) is a comprehensive IT holding company that engineers transformative technology solutions for visionary organizations. With a rich legacy spanning more than three decades, ePlus crafts sustainable IT roadmaps for medium and large enterprises in the United States and select international markets. By integrating advanced technology solutions with managed, professional, and consultative services, the company empowers its customers to optimize their IT environments, enhance supply chain processes, and achieve sound digital transformation.
At the heart of ePlus' approach is a commitment to delivering end‐to‐end technology solutions that encompass everything from strategic planning and system integration to complete lifecycle management. The company leverages strong relationships with top manufacturers and broad industry partnerships to stay deeply immersed in the competitive IT ecosystem. Keywords such as technology solutions, managed services, and IT roadmaps are embedded in its operations and communications, reflecting its role as a trusted advisor in an era where digital innovation is paramount.
Core Business Areas
ePlus operates through a multifaceted business model that covers:
- IT Infrastructure Optimization: Designing, deploying, and managing robust IT infrastructures that support diversified technology ecosystems.
- Managed and Professional Services: Providing end-to-end services that include consulting, integration, deployment, and ongoing management to ensure technology investments deliver measurable results.
- Lifecycle Management: Offering comprehensive lifecycle services that span from initial strategy through to flexible financing solutions and operational support.
- Digital Transformation and AI Integration: Crafting innovative strategies around emerging technologies, such as artificial intelligence and cloud computing, to help clients navigate digital disruption.
Technology Ecosystem and Industry Partnerships
With a commitment to excellence, ePlus builds deep partnerships with industry-leading manufacturers and technology providers. These alliances keep the company at the forefront of the IT ecosystem, ensuring that its service offerings remain current and highly relevant. By integrating solutions from leading authorities in security, data center infrastructure, cloud services, and networking, ePlus not only diversifies its portfolio but also reinforces its reputation as a holistic technology partner.
Service Offerings and Operational Excellence
ePlus distinguishes itself through a comprehensive suite of offerings, including:
- Consulting Services: Tailored advisory services that evaluate current IT environments and develop strategic roadmaps for improvements and innovations.
- Professional Services: Implementation expertise that drives the seamless deployment of complex technology solutions, ensuring that client-specific challenges are met with precision.
- Managed Services: Ongoing support that enables continuous optimization and maintenance, turning IT investments into lasting competitive advantages.
- Flexible Financing Solutions: Innovative financial services that simplify technology acquisition and lifecycle management, making cutting-edge solutions accessible to a broad range of customers.
These service segments are designed with the client in mind, emphasizing practical outcomes and measurable improvements in operational efficiency. The company’s focus on managed services has enabled it to build recurring revenue streams and deep customer relationships.
Competitive Differentiation
ePlus’ competitive positioning is built upon its unwavering commitment to client service, its strategic acquisitions, and its deep technical expertise. Unlike many competitors who may focus solely on product sales, ePlus integrates solution design with full-spectrum deployment and ongoing management. This holistic approach, combined with an adaptive business model that embraces digital transformation trends such as cloud computing and AI, gives ePlus a distinctive edge in the highly competitive IT services market.
Global Presence and Market Impact
Headquartered in Virginia, ePlus serves a broad client base across the United States and in international regions including the United Kingdom, the European Union, India, Singapore, and Israel. Its global footprint is underpinned by a deep understanding of local market dynamics and regulatory environments, allowing ePlus to customize its solutions to meet diverse customer needs. This international perspective enhances its ability to leverage best practices from various regions and apply them across its operations.
Commitment to Excellence and Trusted Expertise
Throughout its history, ePlus has maintained a clear focus on cultivating trust and demonstrating expertise. The company’s strategic approach is underscored by:
- Extensive Industry Experience: Decades of experience and a track record of successful IT projects empower ePlus to deliver tailored, effective solutions.
- Innovative Solution Development: Ongoing innovation in areas such as AI, cybersecurity, and cloud services ensures that customers receive forward-thinking, technically robust solutions.
- Client-Centric Methodology: A relentless focus on client outcomes, characterized by personalized service and strategic advisory, underpins every engagement.
- Integrated Service Model: By offering a full spectrum of services from strategy through deployment and ongoing management, ePlus minimizes risk and maximizes efficiency for its customers.
ePlus also demonstrates thought leadership by actively engaging in initiatives like the AI Experience Center in collaboration with Digital Realty, which helps clients explore and leverage AI-driven technology in a controlled, innovation-friendly environment. This initiative exemplifies how the company utilizes its deep industry insights to create an ecosystem where technology truly means more.
Conclusion
Overall, ePlus represents a multifaceted technology company that seamlessly integrates pioneering IT solutions with comprehensive services to drive business transformation. Its expertise is backed by decades of proven experience, a broad array of industry partnerships, and a commitment to exceptional client service. By addressing diverse client challenges through an integrated ecosystem, ePlus not only optimizes IT environments but also builds sustainable competitive advantages in an increasingly digital world.
ePlus (NASDAQ: PLUS) has been awarded F5's 2024 North America BeF5 Partner of the Year for its outstanding achievements in corporate social responsibility, community impact, and customer success. The announcement was made at F5's AppWorld 2025 conference in Las Vegas, held February 25-27.
The recognition highlights ePlus's dedication to corporate social responsibility initiatives, including support for NMDP, Habitat for Humanity, and their GRIT: Girls Re-Imagining Tomorrow® program. The company has been acknowledged for its role in helping organizations leverage technology effectively to support their stakeholders and communities.
Lisa Citron, F5's vice president of global channel sales, emphasized the important role of partners in addressing security and multicloud challenges. Lee Waskevich, ePlus's vice president of security and networking, expressed honor in receiving the award, highlighting their commitment to connecting people and communities through technology.
ePlus (NASDAQ: PLUS) has been named to CRN's 2025 Tech Elite 250 list, recognizing top solution providers in the US and Canada. The company maintains over 7,000 certifications and accreditations from leading technology providers, specializing in AI, Data Center, Cloud, Security, Enterprise and Carrier-Grade Networking and Collaboration.
This recognition highlights ePlus's commitment to maintaining high-level technical expertise and delivering comprehensive IT solutions. The company offers professional, managed, and consultative services, focusing on supporting customers through complex IT challenges and emerging technologies like AI. This marks ePlus's 12th appearance on the Tech Elite 250 list.
ePlus (NASDAQ: PLUS) has been recognized on CRN's Managed Service Provider (MSP) 500 list in the Elite 150 category for 2025, marking its 10th appearance on this prestigious list. The company offers comprehensive managed services including Storage as a Service, Cloud Managed Services, Managed Security Services, and more, helping enterprises manage their IT infrastructure while reducing operational burden.
The company maintains important compliance attestations including SSAE 18 (SOC 1 Type 2), HIPAA attestation, and SSAE 18 SOC 2 Type 2 for cloud-based services. CEO Mark Marron highlighted that amid growing AI usage and persistent staffing challenges, organizations increasingly turn to managed services providers. ePlus has been delivering managed services for over 25 years across various industries.
ePlus (NASDAQ: PLUS) has launched its 2025 GRIT: Girls Re-Imagining Tomorrow® program, a STEM initiative aimed at encouraging middle and high school girls to pursue careers in technology. The program, which began in 2017 as a joint initiative with Cisco, has expanded to include more than 100 girls from seven schools across five states.
The 2025 program focuses on exposing participants to cybersecurity, AI, and other technology areas through mentoring and learning opportunities. Since its inception, nearly 500 girls have graduated from GRIT. The initiative was created in response to the global shortage of cybersecurity professionals, particularly women, with current statistics showing women comprise less than one-third of the global technology workforce and only 35% of STEM employees in the U.S.
ePlus (NASDAQ: PLUS) reported mixed Q3 FY2025 results with modest growth in some areas but declines in others. Net sales slightly increased 0.4% to $511.0 million, while consolidated gross profit grew 5.3% to $140.9 million. The company saw significant growth in service revenues, up 52.2% to $113.6 million, driven by both organic growth and acquisitions.
However, net earnings decreased 11.5% to $24.1 million, and adjusted EBITDA fell 15.2% to $39.1 million. Diluted EPS decreased 10.8% to $0.91. The technology business segment showed mixed performance with gross billings up 6.6% to $849.5 million, but net sales slightly declining 0.2% to $493.1 million.
For FY2025, ePlus provided guidance expecting net sales between $2.07-2.11 billion and adjusted EBITDA of $165.0-171.0 million. The company maintains a strong balance sheet with $253.1 million in cash and cash equivalents as of December 31, 2024.
ePlus (NASDAQ: PLUS) has announced an expansion of its Managed Services portfolio to include proactive monitoring, management, and support for Juniper Mist wireless, wired, and SD-WAN infrastructure devices. The enhanced service integrates Juniper Marvis AI virtual network assistant capabilities for 24x7x365 performance monitoring and incident management.
As a Juniper Elite Partner, ePlus leverages Juniper Mist Premium Analytics to provide comprehensive network observability, improving end-user experiences and IT operations efficiency. The service utilizes technical knowledge gained from hundreds of customer implementations to analyze and act on data collected by Juniper Marvis AI, helping reduce mean time to resolution and prevent outages.
ePlus (NASDAQ: PLUS) has announced its upcoming earnings release and conference call schedule for the third quarter of fiscal year 2025. The company will release its financial results for the three and nine months ended December 31, 2024, after market close on February 5, 2025.
Management will host a conference call and audio webcast at 4:30 p.m. ET on the same day. The call will be accessible via toll-free domestic line at (888) 596-4144 and international line at (646) 968-2525. A replay will be available for approximately one week until February 12, 2025, through both domestic and international numbers.
ePlus has released its inaugural AI Readiness survey, revealing significant gaps between AI aspirations and implementation readiness among organizations. The survey of 200 IT professionals shows that 76% of organizations have not yet achieved AI maturity, with 42% identifying as 'AI curious' and only 24% considering themselves AI mature.
Key challenges identified include skills gaps (41.8%), cost (38.8%), and security (35.8%). While 74.8% of respondents plan to implement GenAI within 12 months, 78.2% express confidence in their ability to regulate and govern GenAI applications.
Data management emerges as a critical concern, with respondents highlighting data quality (61%), security (54.5%), and governance (52%) as primary challenges. In response, ePlus has launched the Secure GenAI Accelerator to help organizations test and implement AI solutions securely.
ePlus (NASDAQ: PLUS) has appointed Melissa Ballenger to its Board of Directors and Audit Committee. Ballenger, currently an Adjunct Professor at William & Mary's Business School, brings extensive financial leadership experience, having served as CFO at various organizations including Mosaic (2020-2023), Cross River Bank (2019-2020), and holding executive positions at State Street, Santander, and TD (2003-2019).
Ballenger's background includes roles as Principal Accounting Officer at Mastercard and experience in finance transformation at Freddie Mac. She is a CPA and NACD Certified Director, with expertise in strategic planning, capital markets, risk management, and M&A. CEO Mark Marron highlighted her financial services experience and international expertise as valuable assets for the company's growth strategy and shareholder value enhancement.
ePlus (NASDAQ: PLUS) has announced its Secure GenAI Accelerator offering, a hosted proof of concept engagement allowing organizations to test private Generative AI chatbots. The solution is part of the ePlus AI Ignite portfolio and combines ePlus services with technology from NVIDIA and AWS.
The offering features a GenAI private chatbot experience with customized assistants, powered by NVIDIA AI enterprise and NVIDIA NIM, hosted on AWS with enterprise-level security. The solution aims to help organizations convert AI use cases into actionable plans, achieve faster GenAI implementation, and enhance support operations while maintaining data security within the customer's controlled environment.
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