Ultime notizie per ePlus (NASDAQ:PLUS) Azioni

ePlus

ePlus Inc is a holding company. ePlus through its subsidiaries provides information technology solutions. The company's technology solutions enable organizations to optimize their IT environment and supply chain processes. It also provides consulting, professional and managed services, and complete lifecycle management services including flexible financing solutions. ePlus focuses on selling to medium and large enterprises in the United States and to customers in select international markets including the United Kingdom, the European Union, India, Singapore and Israel.

ePlus Inc

Plus Therapeutics Inc

Plus500 Ltd

WIIM

PLUS

ePlus shares are trading lower after the company reported worse-than-expected Q2 financial results.

Fiscal Year Guidance
Fiscal year 2025 net sales are now expected to be similar to fiscal year 2024. The adjusted EBITDA range is now expected to be $195 million to $205 million.&nbsp;ePlus cannot predict with reasonable certainty and without unreasonable effort, the ultimate outcome of unusual gains and losses, the occurrence of matters creating GAAP tax impacts, fluctuations in interest expense or interest income and share-based compensation, and acquisition-related expenses. These items are uncertain, depend on various factors, and could be material to the ePlus' results computed in accordance with GAAP.&nbsp; Accordingly, ePlus is unable to provide a reconciliation of GAAP net earnings to adjusted EBITDA for the full year 2025 forecast.
Summary and Outlook&nbsp;
"While we've seen some softening in enterprise demand due to prior absorption of purchases and global economic uncertainty, our outlook continues to reflect our prioritized investments in key high-growth categories such as AI, security and related software and services to drive long-term sustainable growth. &nbsp;Our customer relationships are strong and their feedback for our AI Ignite offering reinforces our view that clients are at the early stage of adoption for these solutions. We are well positioned to serve this emerging demand, and over the longer term, our strong balance sheet supports our ability to build on the success that we have achieved over the past several years," concluded Mr. Marron.

News

Guidance

ePlus Sees FY25 Net Sales Are Now Expected To Be Similar To Fiscal Year 2024; Adjusted EBITDA Range Is Now Expected To Be $195M-$205M

ePlus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUS#NASDAQ">PLUS</a>) reported quarterly earnings of $1.36 per share which missed the analyst consensus estimate of $1.39 by 2.16 percent. This is a 2.86 percent decrease over earnings of $1.40 per share from the same period last year. The company reported quarterly sales of $515.17 million which missed the analyst consensus estimate of $576.50 million by 10.64 percent. This is a 12.33 percent decrease over sales of $587.61 million the same period last year.

Earnings

Earnings Misses

ePlus Q2 Adj $1.36 Misses $1.39 Estimate, Sales $515.17M Miss $576.50M Estimate

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Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

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The Beachbody Company, Inc. Class A Common Stock

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Earnings Scheduled For November 12, 2024

ePlus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUS#NASDAQ">PLUS</a>) will release its quarterly earnings report on Tuesday, 2024-11-12. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate ePlus to report an earnings per share (EPS) of $1.39.
Anticipation surrounds ePlus's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Performance in Previous Earnings</h3>
During the last quarter, the company reported an EPS missed by $0.04, leading to a 6.11% increase in the share price on the subsequent day.
Here's a look at ePlus's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.17</td>
<td>1.17</td>
<td>1.38</td>
<td>1.34</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.13</td>
<td>0.93</td>
<td>1.18</td>
<td>1.40</td>
</tr>
<tr>
<td>Price Change %</td>
<td>6.0%</td>
<td>-0.0%</td>
<td>-13.0%</td>
<td>-9.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1731341059_0.png" alt="eps graph" />
<h3>Tracking ePlus's Stock Performance</h3>
Shares of ePlus were trading at $98.5 as of November 08. Over the last 52-week period, shares are up 56.74%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/PLUS/earnings">To track all earnings releases for ePlus visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Uncovering Potential: ePlus's Earnings Preview

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Shares of companies within the broader technology sector are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

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Core Scientific, Inc. - Class A Common Stock

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Shares of companies within the broader tech sector are trading lower amid overall market weakness. Weakness may be due to August's ISM Manufacturing PMI data indicating an economic contraction.

Acquisition strengthens ePlus Services portfolio across North America
HERNDON, Va., Aug. 20, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS&nbsp;– <a href="http://www.nasdaq.com/symbol/plus/news-headlines">news</a>)&nbsp;today announced that its subsidiary, ePlus Technology, inc., has acquired Bailiwick Services, LLC (Bailiwick). Based near Minneapolis, Bailiwick is a highly-skilled provider of professional and managed services with nearly 30 years in the business. Bailiwick specializes in serving enterprise customers that operate large store, branch, and campus footprints predominantly in the retail, financial services, restaurant, and hospitality vertical markets.
As one of the largest providers of outsourced IT integration and deployment services across North America, Bailiwick's expertise helps organizations enhance operations and end-user experiences across their operations, including through edge computing, physical security, AV, logistics, and other transformative digital experiences.&nbsp;&nbsp;

ePlus Acquires Bailiwick Services; Terms Of The Transaction Were Not Disclosed

ePlus shares are trading higher. The company reported Q1 financial results.

ePlus Maintains FY25 Guidance For Net Sales Growth Of 3% - 6%, And Adjusted EBITDA Range Of $200M -$215M

ePlus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUS#NASDAQ">PLUS</a>) reported quarterly earnings of $1.13 per share which missed the analyst consensus estimate of $1.17 by 3.42 percent. The company reported quarterly sales of $544.538 million which missed the analyst consensus estimate of $555.233 million by 1.93 percent. This is a 5.16 percent decrease over sales of $574.175 million the same period last year.

ePlus Q1 2025 Adj. EPS $1.13 Misses $1.17 Estimate, Sales $544.538M Miss $555.233M Estimate

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Shares of companies in the broader technology sector are trading lower amid an overall market selloff following weak US jobs data. Weakness in Amazon and Intel has also weighed on the tech sector.

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. (NASDAQ NGS:&nbsp;<a href="http://www.nasdaq.com/symbol/plus">PLUS</a>) (<a href="http://www.nasdaq.com/symbol/plus/news-headlines">news</a>), today announced that it will begin offering its unique, customized Storage-as-a-Service (STaaS) powered by Pure Storage Evergreen//One&#x2122; to customer organizations across the UK and Europe.
IGX's STaaS offering combines flexible subscription models for storage consumption of Pure Storage Evergreen//One with IGX technical support and customer success resources.
Expansion of the Service into the UK and Europe will enable European organizations to leverage the many benefits from IGX, including:
<ul>
<li>Expedited time to issue resolution</li>
<li>First-call technical support</li>
<li>Customer success resources</li>
<li>Greater insights into storage capacity planning, billing, and forecasting</li>
<li>A consumption-based utility model</li>
<li>On-demand burst capacity to facilitate agility and growth</li>
</ul>

ePlus' IGXGlobal Begins Offering Storage-As-A-Service Powered By Pure Storage Evergreen//One To Customer Organizations Across The UK And Europe

Stifel analyst Matthew Sheerin maintains ePlus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUS#NASDAQ">PLUS</a>) with a Hold and raises the price target from $80 to $90.

Price Target

Stifel Maintains Hold on ePlus, Raises Price Target to $90

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