WSTG - WSTG STOCK NEWS

Wayside Technology Group (NASDAQ: WSTG) will host a conference call on March 3, 2022, at 8:30 a.m. Eastern time to discuss financial results for the fourth quarter and full year ending December 31, 2021. The results will be announced in a press release prior to the call, followed by a Q&A session. Participants can join via toll-free or international dial-in numbers, with registration through an operator. The call will also be broadcast live, with access on the company’s investor relations website.

Datadobi has announced that members of the NCPA can purchase its software suite through Climb Channel Solutions, enhancing its presence in the federal sector. This partnership follows Datadobi's recent award of GSA IT 70 Contract and inclusion in the SEWP vendors list. The NCPA aims to leverage its cooperative purchasing contracts to provide quality software solutions to over 90,000 public and non-profit organizations. The growing unstructured data market, projected to reach 463 exabytes by 2025, underscores the need for effective data management.

Wayside Technology Group, Inc. (NASDAQ: WSTG) reported robust third-quarter results with net sales rising 13% to $68.9 million, boosted by the integration of CDF. Adjusted gross billings surged 33% to $226.9 million, while gross profit reached a record $11.3 million, up 56%. Net income soared over 4x to $2.4 million, or $0.55 per diluted share. Adjusted EBITDA doubled to $4.2 million, driven by strong growth and operating leverage. The company declared a quarterly dividend of $0.17 per share, payable on November 19, 2021. Strong vendor relationships continue to fuel growth prospects.

Wayside Technology Group, Inc. (NASDAQ: WSTG) will host a conference call on November 4, 2021, at 8:30 a.m. Eastern time to discuss its Q3 financial results. The company will release its financial results prior to the call, and management will lead the discussion followed by a Q&A session. Participants can connect via toll-free and international dial-in numbers. The call will be broadcast live, and replay information will be available on the company’s website.

Wayside Technology Group (NASDAQ: WSTG) announced the resignation of Carol DiBattiste from its Board of Directors to pursue other interests. DiBattiste expressed gratitude for her time on the Board, particularly for her contributions to the Risk & Security Committee. Jeff Geygan, the Chairman, acknowledged her valuable input and wished her well in future endeavors. Wayside Technology Group is known for its distribution solutions for emerging technologies across various sectors including Security and Cloud, operating in the US, Canada, and Europe.

Wayside Technology Group (NASDAQ: WSTG) announced its participation in the 12th Annual Midwest IDEAS Investor Conference, scheduled for August 25-26, 2021. Management will provide a virtual presentation beginning at 8:00 a.m. Eastern on August 25, accessible via their website. The presentation will be available for a 90-day replay. CEO Dale Foster and CFO Drew Clark will hold 1x1 meetings with registered conference attendees. Wayside specializes in IT distribution and solutions across various sectors including Security, Data Management, and Cloud technologies.

Wayside Technology Group reported a strong second quarter with a 33% increase in net sales to $75.4 million. Adjusted gross billings rose 48% to $235.1 million, while gross profit reached a record $11.0 million, up 54%. Net income soared to $2.1 million or $0.49 per diluted share, a 400% increase year-over-year. Adjusted EBITDA climbed 68% to $3.5 million. The company also announced a quarterly dividend of $0.17 per share, payable August 20, 2021. Management attributes growth to successful acquisitions and operational improvements.

Wayside Technology Group (NASDAQ: WSTG) will host a conference call on August 5, 2021, at 8:30 a.m. Eastern to discuss its Q2 financial results for the period ending June 30, 2021. The results will be issued in a press release prior to the call. Interested parties can join the call via toll-free number (888) 771-4371 or internationally at (847) 585-4405. The call will include a question-and-answer session and will be available for replay on the company’s website.

Wayside Technology Group (NASDAQ: WSTG) has elected Gerri Gold to its Board of Directors during the 2021 Annual Meeting of Stockholders. Gold brings nearly 30 years of executive experience in IT and financing, currently serving as COO at HPE Financial Services, which manages $13 billion in assets globally. Her strategic planning skills and industry knowledge, especially in the European market, are expected to enhance Wayside's growth and acquisition plans. Gold expressed excitement about contributing to the company as it emerges from the pandemic and continues to innovate.