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 (NASDAQ: PLUS) has scheduled its fourth quarter and fiscal year 2025 earnings release and conference call for May 22, 2025. The company will release its financial results for the three months and fiscal year ended March 31, 2025, after market close. Management will host a conference call and audio webcast at 4:30 p.m. ET.
Investors can access the live call through domestic (888-596-4144) or international (646-968-2525) numbers using conference ID 5394845#. A replay will be available for approximately two hours after the call until May 29, 2025, accessible via domestic (800-770-2030) or international (609-800-9909) numbers.
ePlus (NASDAQ: PLUS) has achieved NVIDIA DGX SuperPOD Specialization Partner status, strengthening its position in AI infrastructure solutions. As an Elite Partner in the NVIDIA Partner Network and DGX-Ready Managed Service Partner, ePlus demonstrates expertise in delivering comprehensive NVIDIA DGX SuperPOD services for enterprise AI workloads.
The company's capabilities include design and deployment of DGX SuperPOD configurations, integration of NVIDIA Quantum InfiniBand networking, implementation of NVIDIA AI Enterprise software, and advanced support services. Through its AI Ignite Portfolio, ePlus offers AI-focused solutions including workshops, assessments, and the newly launched Secure GenAI Accelerator for proof of concept testing.
ePlus (NASDAQ: PLUS) has been awarded the 2024 VMware Fastest Growth Partner (Americas) by Broadcom, recognizing their exceptional year-over-year growth in subscription bookings. The company distinguished itself through its advisory services, including licensing assessments and VMware Optimization Assessments, helping customers transition to new VMware Cloud Foundation and VMware vSphere Foundation subscription models.
As a Broadcom Premier Solution Provider, ePlus leverages its technical expertise and long-standing experience with VMware solutions to assist organizations in building, securing, and managing cloud technology infrastructures. Their consulting approach and engineering expertise enable customers to implement technology effectively for improved business outcomes.
Chief Operating Officer Darren Raiguel highlighted the achievement as validation of their expertise in helping customers navigate product evolution, emphasizing their cloud and data center virtualization teams' role in helping customers optimize their investments.
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.
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