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ePlus Inc - PLUS STOCK NEWS

Welcome to our dedicated news page for ePlus (Ticker: PLUS), a resource for investors and traders seeking the latest updates and insights on ePlus.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ePlus's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ePlus's position in the market.

News
ePlus Achieves AWS Migration Competency Status
Rhea-AI Summary
ePlus, listed as PLUS on NASDAQ, has achieved AWS Migration Competency status, showcasing expertise in cloud migration and modernization on Amazon Web Services. The designation allows ePlus to offer customers participation in the AWS Migration Acceleration Program, providing tools, training, and expertise to streamline migration processes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
Tags
none
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News
ePlus Places on CRN 2024 MSP 500 Elite 150 and Tech Elite 250 Lists
Rhea-AI Summary
ePlus inc. (NASDAQ NGS: PLUS) earns places on CRN MSP 500 List and CRN Tech Elite 250 List, showcasing expertise in managed services, technology solutions, and partnerships with leading vendors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
none
-
News
ePlus Named F5 North America 2023 Strategic Solutions Partner of the Year
Rhea-AI Summary
ePlus inc. (PLUS) has been named F5's North America 2023 Strategic Solutions Partner of the Year for its work in modernizing legacy apps and updating customer infrastructure. The partnership focuses on delivering application security, performance, and automation to various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.02%
Tags
none
News
ePlus Reports Third Quarter and First Nine Months Financial Results
Rhea-AI Summary
ePlus Inc. (NASDAQ: PLUS) reported a decrease in net sales and net earnings for the third quarter of fiscal year 2024, with technology business net sales down 19.2% and net earnings down 23.6%. However, services revenues increased 10.7%, and the company achieved a significant improvement in consolidated gross margin. For the first nine months of fiscal year 2024, net sales increased 6.0% to $1,670.8 million, with technology business net sales up 6.5% to $1,631.8 million. The company also provided guidance for fiscal year 2024, expecting to achieve the low end of its revenue and adjusted EBITDA guidance ranges. ePlus has attributed its strong financial performance to the successful execution of its growth strategy and focus on providing value-added solutions to customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13%
Tags
earnings
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News
ePlus Announces AI Ignite: Artificial Intelligence Assessment, Enablement and Implementation Offerings
Rhea-AI Summary
ePlus inc. (NASDAQ NGS: PLUS) announces the availability of AI Ignite, a suite of AI Solutions and Services designed to help organizations at any stage of their AI Journey. The suite includes offerings supporting different customer needs across various stages of readiness, including design and implementation services, advanced support services for AI infrastructure solutions, storage-as-a-service for AI workloads, and data modernization services. ePlus is also building a state-of-the-art AI innovation lab to facilitate customer proofs-of-concept, deliver workshops and trainings, and support internal development of GenAI applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
Tags
AI
-
News
ePlus Announces Third Quarter and Nine Month Fiscal Year 2024 Earnings Release Date and Conference Call
Rhea-AI Summary
ePlus inc. (NASDAQ NGS: PLUS) is set to release its financial results for the three and nine months ended December 31, 2023, on February 6, 2024. The company will also host a conference call and audio webcast at 4:30 p.m. ET on the same day. Earnings will be released after the market closes, and the management will discuss the results during the call. The conference call can be accessed via toll-free and international numbers, and the audio webcast will be available for live and replay viewing. A replay of the call will be available for approximately one week after the initial broadcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
earnings
News
ePlus Acquires PEAK Resources, Inc.
Rhea-AI Summary
ePlus Inc. has acquired certain assets of PEAK Resources, Inc., a top IT Solution Provider in Denver, CO, to strengthen its market presence in the mountain west region. The acquisition aims to drive additional growth with enhanced engineering, sales, and services delivery capabilities, benefiting from PEAK's customer-centric approach and solid customer base. The acquisition closed on January 26, 2024, with undisclosed terms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
acquisition
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News
ePlus Joins U.S. Chamber of Commerce
Rhea-AI Summary
ePlus inc. (NASDAQ NGS: PLUS) has announced its membership in the U.S. Chamber of Commerce and its participation in the Chamber's AI, Cybersecurity, and SEC/corporate governance priorities. The company aims to contribute its technological expertise to advance technology-related issues and agendas, including responsible AI development, cybersecurity and data privacy legislation, and shaping the Chamber's response to the SEC's regulatory agenda.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
none
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News
ePlus Welcomes New Class of GRIT -- Girls Re-Imagining Tomorrow -- Participants
Rhea-AI Summary
ePlus Inc. launches its 2024 GRIT program to provide middle and high school girls with consistent education, exposure, and opportunities across the technology industry. The program, in collaboration with Cisco, is aimed at addressing the shortage of cybersecurity professionals, particularly women. It has expanded to include 10 schools across California, Minnesota, New Jersey, North Carolina, Texas, and Virginia. The CEO, Mark Marron, emphasizes the importance of diversity in organizations and the need to bridge the gender gap in STEM classes. The program has seen over 350 graduates and will host a record 134 participants this year. Women's enrollment in STEM courses has been dropping, and only accounts for 18% of new computer science degrees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.85%
Tags
none
News
ePlus Achieves the AWS Resilience Competency
Rhea-AI Summary
ePlus inc. (NASDAQ NGS: PLUS) achieved the AWS Resilience Competency in the Resilience Recovery category, demonstrating technical proficiency and proven customer success supporting organizations' resilience goals. The company provides tailored guidance and solutions to achieve the highest system uptime needs, helping customers improve their critical systems availability and resilience posture. ePlus offers professional consulting and engineering services validated by AWS experts, instilling confidence in the ability to recover workloads successfully in AWS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
none
Stock PLUS logo
ePlus Inc

Nasdaq:PLUS

PLUS Rankings

#1832 Ranked by Market Cap
#764 Ranked by Stock Gains
N/A Ranked by Dividends

PLUS Stock Data

2.08B
26.07M
2.19%
100.7%
3.43%
Business to Business Electronic Markets
Wholesale Trade
Link
US
Herndon

About PLUS

eplus engineers transformative technology solutions for the most visionary organizations in the world. through our master architects, engineers, and consultants, we see our clients’ horizons and craft sustainable it roadmaps to get them there. then we make it happen. this takes imagination, relentless client service, and the tenacity to enable our clients to achieve their visions. our deep partnerships with top manufacturers—many who look to us for their own technology needs—keep us immersed across the it ecosystem. from strategy to fulfillment to managed services, we enable our clients to realize what it means for technology to do more.