Recent articles here at Seeking Alpha have chronicled an ongoing battle with respect to just exactly who is the legal owner of some of the internet’s most valuable patented intellectual property related to targeted online advertising. This foundational patented technology appears to be a cornerstone of some of the Internet’s biggest household names and their ad platforms and online advertising strategies, thereby playing an integral role in the monetization process.
ePlus, Inc. (PLUS $14.10) sells IT equipment, services and third-party & proprietary software, and provides leased equipment to customers.
Their growth has been excellent – over the past 5 fiscal years revenue has grown 183% and earnings per share have jumped 112%. A cursory look at their financials will lead you to believe that earnings are lumpy, but that is mostly due to the legal costs of fighting 2 infringement suits and the resulting settlements. The above figures do not include either.
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What AOL May Not Be Telling Its Advertisers
ePlus – A Model in Deep Value
ePlus, Inc. (PLUS $14.10) sells IT equipment, services and third-party & proprietary software, and provides leased equipment to customers.