Company Profile For En Pointe Technologies Inc

En Pointe Technologies Inc (ENPT.O) (Consolidated Issue listed on NASDAQ Capital Market)

sector: Technology · industry: Computer Hardware ·

As of 7 Aug 2009

2.50USD

Price Change

+0.00

Percent Change

+0.00%

Analyst Recommendations

Overview

En Pointe Technologies, Inc. (En Pointe) is a national provider of information technology products (hardware and software) with a customer base consisting primarily of large and medium-sized companies and government entities. The Company uses its drop-ship information technology products to its customers through an electronically linked network of suppliers that include distributors and certain manufacturers in the United States. This software allows it to serve as an electronic clearinghouse of computers and computer-related products without many of the risks and costs associated with maintaining significant inventory. In July 2008, the Company sold an 80.5% interest in its value-added service business, En Pointe Global Services, LLC (EPGS) to Allied Digital Services Limited (ADSL).

Quick Financial Synopsis

BRIEF: For the six months ended 31 March 2009, En Pointe Technologies, Inc.'s revenues fell 36% to $100.8M. Net income totaled $24K vs. a loss of $3M. Revenues reflect lower product income and decreased service income. Net income reflects lower cost of sales, a decrease in selling & marketing expenses, lower general & administrative expense, the presence of other income, net vs. an expense and improved gross operational margins.