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ePlus inc. Message Board

  • plus_fan plus_fan Aug 14, 2003 6:38 AM Flag

    Earnings Synopsis

    Fully Diluted EPS Increases 26% to $0.24

    For the quarter, as compared to the same period the prior fiscal year, total revenues increased 11% to $79.9 million from $72.2 million, net earnings increased 17% to $2.3 million from $2.0 million.

    Phillip G. Norton, chairman, president and CEO of ePlus, stated, "we completed the integration of our three technology sales companies into a single, more efficient operating unit. We've reduced overhead costs and we've optimized our internal supply chain using our proprietary software. We believe this will result in higher margins, better controls, visibility, and financial reporting.
    Our pipeline of new opportunities remains strong."

    Sounds good to me!

    Hopefully we will have some new customers announced at the conference call Friday.

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