Preview Of Wayside Technology Group, Inc. ($WSTG) 2Q20 Earnings

Wayside Technology Group, Inc. (NASDAQ:WSTG) is reporting second quarter financial results on Wednesday 12th August 2020, after market close.

Previous Quarter Performance

Wayside Technology Group, Inc. disclosed income for the first quarter of $ 0.48 per share, from the revenue of $ 62.62 million. The quarterly earnings expanded 69.23 percent while revenues compared with the same quarter last year. Street analysts expected . The top line results analysts by $ 4.36 million or .

Historical Earnings Performance
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Click Here For More Historical Earnings Of Wayside Technology Group, Inc.

Stock Performance

According to the previous trading day, closing price of WSTG was $ 26.00, representing a 173.11 % increase from the 52 week low of $ 9.52 and a 1.1 % decrease over the 52 week high of $ 26.29.

The company has a market capital of $ 113.14 million and is part of the Technology sector and Computer Distribution industry.

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Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.17 per share on May 7, 2020. The dividend were payable on May 22, 2020 to holders of record as of the close of business on May 18, 2020 and ex-dividend date on May 15, 2020.

Conference Call

Wayside Technology Group, Inc. will be hosting a conference call at 5:00 PM eastern time on 12th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.waysidetechnology.com

Wayside Technology Group, Inc. operates as an information technology channel company worldwide. It operates in two segments, Lifeboat Distribution and TechXtend.

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