Eplus Stock Price, News & Analysis

ePlus (NASDAQ: PLUS) has achieved Amazon Web Services (AWS) Storage Competency status, highlighting its expertise in cloud storage solutions. This designation affirms ePlus's capabilities in Backup and Recovery, Primary Storage, and Business Continuance/Disaster Recovery, demonstrating its ability to assist customers in optimizing AWS storage strategies. The recognition stems from a rigorous audit process, underscoring ePlus's commitment to ensuring critical workloads are protected and secure. As an AWS Advanced Consulting Partner, ePlus aims to enhance AWS adoption and security for its clients.

ePlus (NASDAQ: PLUS) announced the successful implementation of a cloud-based Cisco call center for Rowan University, facilitating its role as a COVID-19 vaccination center in New Jersey. This innovative solution, built through a partnership with Cisco, allows for efficient management of vaccine distribution logistics, including appointment scheduling and call handling. The center successfully distributes over 600 doses daily. ePlus is recognized as a Cisco Gold Certified Partner, emphasizing its capabilities in technology solutions.

ePlus inc. (NASDAQ: PLUS) announced the renewal of Cisco Gold Certified Partner designation for its subsidiary, IGXGlobal UK Limited. This certification highlights IGXGlobal's expertise in providing Cisco-based solutions across the UK and Europe. Additionally, IGXGlobal has achieved Advanced Cisco Certifications in various areas, reflecting its technical capabilities. ePlus also holds Cisco Gold Certification in the U.S. and has received multiple Master Specialization Certifications, solidifying its position in the technology solutions sector.

ePlus inc. (NASDAQ: PLUS) reported its financial results for the three and nine months ended December 31, 2020. Net earnings rose by 10.7% to $21.6 million on flat revenues of $427.6 million. Operating expenses decreased by 11.0% to $68.9 million, contributing to a 41% increase in operating income for the technology segment. Service revenues grew 3.3% to $52.1 million. The financing segment, however, saw a 34.5% decline in sales. Overall, ePlus aims to expand customer-facing personnel and enhance technology offerings post-acquisition of System Management Planning.

ePlus inc. (NASDAQ: PLUS) will release its financial results for the three and nine months ended December 31, 2020, on February 3, 2021, after market close. A conference call will follow at 4:30 p.m. ET, requiring pre-registration to participate. The earnings report will detail critical metrics that investors should monitor.

The replay of the conference call will be available through February 10, 2021. Investors can find additional information on ePlus services and financials by visiting their official website.

ePlus (NASDAQ: PLUS) will participate in a virtual event hosted by Harrisburg University for Data Privacy Day 2021, focusing on the growing need for data privacy amidst increased remote work. Brian Zimmer, security solutions director at ePlus, emphasized the shift towards a data-centric security approach due to changing regulations and consumer expectations. The event, featuring a panel of security professionals, will discuss future strategies in data security, taking place on January 28, 2021. ePlus aims to enhance data security through a comprehensive lifecycle management strategy.

ePlus inc. (NASDAQ: PLUS) has acquired System Management and Planning, Inc. (SMP), enhancing its regional footprint and technology offerings in collaboration and support for virtual employees. SMP, based in Rochester, NY, serves various sectors including healthcare and education and brings significant expertise and a strong customer base. The acquisition, effective December 31, 2020, is expected to create synergies and expand ePlus' capabilities in delivering diverse solutions.

ePlus inc. (NASDAQ: PLUS) announced a partnership with the Garden of Dreams Foundation and the Radio City Rockettes to host a virtual holiday event called Delivering Joy on December 22. This event includes interactive experiences such as dance classes and cooking sessions while encouraging attendees to donate toys for patients at NewYork-Presbyterian Children's Hospital. The initiative highlights ePlus's commitment to community support, with funds raised benefiting various children's charities.

ePlus inc. (NASDAQ: PLUS) has introduced a new methodology aimed at aiding Amazon Web Services (AWS) customers in adopting the recently launched AWS Gateway Load Balancer (GWLB). This service simplifies the management of third-party virtual appliances, enhancing scalability and cost-efficiency for AWS users. ePlus, an AWS Advanced Consulting Partner, provides various offerings including live demonstrations and accelerated deployment packages. This initiative is designed to improve networking and security within AWS, crucial for enterprise applications.