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Wayside Technology ( NASDAQ: WSTG ) said Thursday it acquired UK-based IT channel distributor Spinnakar for $11.8M (£9.8M) payable at closing, plus a potential post-closing earn-out. WSTG funded the acquisition with cash from its balance sheet. The deal is expecte...
Acquisition Expands Wayside’s Reach in EMEA and Strengthens Product Offerings in Storage, Cloud, Security and Data Management Transaction Expected to be Accretive to Gross Margin and EPS Spinnakar Founder and CEO Gerard Brophy to Join Company as a Managing Directo...
2Q22 EPS of $0.63, up 54% YoY; adjusted EBITDA up 27%. Relatively inexpensive ex-cash P/E of 10.1x for 2022. 6.6% 2022 FCF yield, 7.3% FCF yield for 2023, 2.3% dividend yield. 20% net cash to market cap currently. Stock is up 113% since our initiation in June 2020, we stil...
Wayside Technology Group, Inc. (WSTG) Q2 2022 Earnings Conference Call August 04, 2022 08:30 A.M. ET Company Participants Sean Mansouri - Elevate IR Andrew Clark - VP & CFO Dale Foster - President & CEO Conference Call Participants Unidentifie...
Wayside Technology press release ( NASDAQ: WSTG ): Q2 GAAP EPS of $0.63. Revenue of $67.86M (-9.9% Y/Y). For further details see: Wayside Technology GAAP EPS of $0.63, revenue of $67.86M
Net Income Up 56% to $2.8 Million or $0.63 per Share, with Adjusted EBITDA (non-GAAP) up 27% to $4.5 Million Fifth Consecutive Quarter of Double-Digit Profitability Improvements EATONTOWN, N.J., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) ...
EATONTOWN, N.J., July 26, 2022 (GLOBE NEWSWIRE) -- Climb Channel Solutions , an international specialty technology distributor and wholly-owned subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG) was named preferred distributor with HUMAN’s enterprise defense platform...
EATONTOWN, N.J., July 25, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, will host...
EATONTOWN, N.J., June 16, 2022 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly-owned subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), promoted Tim Popovich from Executive Vice President of Sales and Operations to Presiden...
EATONTOWN, N.J., June 15, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, announced...
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EATONTOWN, N.J., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, is announ...
EATONTOWN, N.J., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Climb Channel Solutions , an international specialty technology distributor and wholly-owned subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), is partnering with storage and server market leader Viking Enterprise Solutions ...
EATONTOWN, N.J., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, will host...