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ePlus inc. Message Board

  • rrtzrealmd rrtzrealmd Jun 11, 2013 11:20 AM Flag

    About time!

    I was beginning to wonder whether anyone even noticed the earnings report!

    Sentiment: Buy

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    • DId you listen to the conference call? There were multiple questions from analysts and large investors. When a company shows such dramatic growth in earnings it attracts attention. Note the following disclosure in the 10k: "Sales to Verizon Communications for the year ended March 31, 2013, represented approximately 14% of our total revenues." Verizon, a Fortune 100 client, is the type of client that ePlus needs to grow. As the CEO said on the conference call, "Our sales and engineering staff is competitive with anybody," and we are "taking market share from competitors." You don't need to be Peter Lynch to know that profits are made by investors as a company transforms from regional to national. Per the CEO on the conference call: "getting pretty close to having a national footprint."

      Sentiment: Strong Buy

 
PLUS
69.01+0.200(+0.29%)Jan 26 4:00 PMEST

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