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0.0173395610723655 0.0173395610723655 0.0525305521786423 0.0461577836073966 0.0493249728069616 0.0579371680849704 0.0723654744385439 0.0680145882654041
Stock impact report

Wayside Technology Group Reports Fourth Quarter and Record Full Year 2019 Results

Wayside Technology Group, Inc. (WSTG) 
US:NASDAQ Investor Relations: waysidetechnology.com
Company Research Source: GlobeNewswire
- Record Annual Net Sales of $208.8 Million and Net Income of $6.8 Million - - Annual Adjusted EBITDA (a non-GAAP financial measure defined below) of $10.5 Million and Return on Invested Capital (see calculation defined below) of 24.5% - - Returned $3.1 Million of Capital to Shareholders in 2019 via Dividends - EATONTOWN, N.J., Feb. 19, 2020 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), an IT channel company providing innovative sales and distribution solutions, is reporting results for the fourth quarter and full year ended December 31, 2019, and is declaring a quarterly dividend of $0.17 per share. Fourth Quarter 2019 Highlights vs. Same Year-Ago Quarter Net sales increased 24% to $60.9 million.Gross profit increased 9% to $7.9 million.Net income increased 16% to $2.0 million or $0.45 per share.Adjusted EBITDA (a non-GAAP financial measure defined below) increased 11% to $2.9 million. Full Year 2019 Highlights vs. 2018 Net Show less Read more
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