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.
ePlus inc. (NASDAQ: PLUS) generates a steady flow of news as a services-led technology company focused on artificial intelligence, security, cloud and data center, networking, and collaboration solutions. Its announcements often highlight financial results, strategic transactions, technology expansions, and recognition from industry partners and organizations.
Investors following PLUS news will find regular earnings releases and related conference call information, where ePlus discusses quarterly and half-year financial performance, guidance updates, and commentary on trends across its product, professional services, and managed services segments. The company also reports on corporate actions such as the declaration of quarterly cash dividends and stock repurchase authorizations.
Company news also covers strategic moves, including the sale of its domestic financing business and acquisitions that enhance its technology capabilities. For example, ePlus disclosed the acquisition of substantially all operating assets of Realwave, Inc., adding cloud-based, AI-powered automated data analysis that can integrate with data sources such as video systems, IoT devices, sensors, and digital locks. Updates on subsidiaries like Bailiwick Services, LLC, including its selection for the National Retail Federation Big Show Innovators Showcase to spotlight digital lock technology, provide additional insight into specialized offerings within the ePlus family.
Other PLUS headlines feature partnership expansions and managed services developments, such as extended managed services and enhanced maintenance support portfolios for Juniper Networks infrastructure, as well as awards and leadership recognition in the technology channel. Governance and investor-relations items, including board appointments and annual meeting voting results, also appear in the news flow.
By reviewing the PLUS news page, readers can track how ePlus communicates its progress in AI, security, cloud, networking, and services, along with financial milestones and corporate developments. This makes the news feed a useful resource for understanding both the operational and strategic direction of ePlus over time.
ePlus inc. (NASDAQ: PLUS) has launched the AI Workflow Accelerator Bundle for Healthcare, a comprehensive technology platform designed to enhance AI implementation in healthcare organizations. This bundle includes GPU-accelerated hardware from NVIDIA or Cisco, proprietary software from John Snow Labs, and implementation services from ePlus, aimed at streamlining AI projects from conception to execution. Addressing a need identified by a KPMG survey, the bundle aims to overcome barriers to AI adoption, facilitating faster, efficient healthcare solutions.
ePlus inc. (NASDAQ: PLUS) announced a successful IT infrastructure deployment for Bryn Mawr Trust Company aimed at enhancing strategic growth and adaptability. This digital transformation project included services such as Managed Services, Professional Services, and Cisco technology integrations. Executed remotely due to COVID-19, the initiative has reportedly led to improved productivity, a stronger security posture, and significant cost savings. Bryn Mawr Trust's EVP remarked on the partnership's role in facilitating a more efficient network, allowing their technology team to focus on delivering client value.
ePlus inc. (NASDAQ: PLUS) will present at the Sidoti & Company Virtual Small Cap Investors Conference on September 22, 2021, at 11:30 A.M.. Attendance is invitation-only. ePlus, a technology solutions provider, specializes in IT consulting, focusing on security, cloud services, and networking. Founded in 1990, it employs over 1,500 associates across the U.S., Europe, and Asia-Pacific. For further details, visit www.eplus.com.
ePlus reported a solid performance for the first quarter of Fiscal 2022, with net sales increasing 17.4% to $416.6 million. The technology segment net sales saw an increase of 17.3% to $400.4 million, driven by a 16.3% rise in service revenues to $55.6 million. Consolidated net earnings surged 35.5% to $23.5 million, with diluted EPS rising 34.6% to $1.75. The company noted ongoing inventory challenges but remains optimistic about future growth, supported by strong demand and positive fiscal outlook.
ePlus inc. (NASDAQ: PLUS) announced it will release its earnings for the first quarter of fiscal year 2022 on August 4, 2021, following the market's close. The earnings call will take place at 4:30 p.m. ET, where management will discuss the financial results for the quarter ending June 30, 2021. Investors can participate in the live call or access a replay through August 11, 2021. This announcement provides key insights into ePlus's financial performance and strategic outlook.
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ePlus (NASDAQ: PLUS) will present at the Baird 2021 Global Consumer, Technology & Services Virtual Conference on June 9, 2021, at 3:45 p.m. The conference runs from June 8-10, 2021, and is hosted online. ePlus is recognized for its consultative technology solutions, assisting clients in maximizing their technology investments. Founded in 1990, the company boasts over 1,500 employees serving a global clientele across the U.S., Europe, and Asia-Pac. For more details, visit www.eplus.com.
ePlus (NASDAQ: PLUS) will present at the Stifel 2021 Cross Sector Insight Conference at 10:00 AM ET on June 8. The virtual event runs from June 8-10, 2021. ePlus is a technology solutions provider specializing in security, cloud, data center, and more, helping clients optimize their IT investments. Founded in 1990, ePlus operates across the U.S., Europe, and Asia-Pacific, with over 1,500 associates.
ePlus inc. (NASDAQ: PLUS) reported its financial results for the fourth quarter and fiscal year ending March 31, 2021. Despite a 3.8% decrease in consolidated net sales to $352.6 million, the company achieved a 6.6% increase in gross profit, reaching $97.9 million, with a record gross margin of 27.8%. Operating income surged 31.9% to $23.6 million. For the fiscal year, total net sales fell 1.3% to $1,568.3 million, yet adjusted EBITDA grew 25.7%. Earnings per share increased 17.2% to $1.16.
ePlus (NASDAQ: PLUS) will release its financial results for Q4 and the fiscal year ending March 31, 2021, on May 20, 2021. The earnings report will be published after market hours, followed by a conference call at 4:30 p.m. ET. Interested parties can join the live call or access the replay via provided links. ePlus specializes in technology solutions, transforming IT into a business enabler with services across various sectors, including security and cloud computing.