Wayside Technology Group, Inc. To Announce Third Quarter 2009 Results October 29, 2009

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WAYSIDE TECHNOLOGY GROUP, INC. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following Management's Discussion and Analysis of Financial Condition and Results of Operations contains, in addition to historical information, forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors, including those set forth under the heading "Certain Factors Affecting Operating Results" and elsewhere in this report and those set forth in "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2008, filed with the Securities and Exchange Commission. The following discussion should be read in conjunction with the accompanying unaudited condensed consolidated financial statements and related notes and the consolidated financial statements and related notes included in our 2008 Annual Report on Form 10-K. Overview The Company is organized into two reportable operating segments - the "Programmer's Paradise" segment, which sells technical software, hardware and services directly to end-users (such as individual programmers, corporations, government agencies, and educational institutions) and the "Lifeboat" segment, which distributes technical software to end-users through corporate resellers, VARs, consultants and systems integrators. The Company's sales, gross profit and results of operations have fluctuated and are expected to continue to fluctuate on a quarterly basis as a result of a number of factors, including: the loss of any major vendor, condition of the software industry in general; shifts in demand for software products; industry shipments of new software products or upgrades; the timing of new merchandise and catalog offerings; fluctuations in response rates; fluctuations in postage, paper, shipping and printing costs and in merchandise retur...
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Wayside Technology Group, Inc. Earnings Call scheduled for 10:00 am ET today

Call DetailsWayside Technology Group, Inc. Earnings Conference Call (Q2 2009)Fri, Jul 31, 2009, 10:00 am EasternAbout Wayside Technology Group, Inc. (NasdaqGM:WSTG)Other Calls Wayside Technology Group, Inc. markets software to software development and information technology professionals in the United States and Canada. It operates in two segments, Programmer's Paradise and Lifeboat. The Programmer's Paradise segment sells technical software, hardware, and services for microcomputers, servers, and networks to individual programmers, corporations, government agencies, and educational institutions. This segment also provides technical and general business application software solutions from various publishers and manufacturers. In addition, its catalogs offer collections of microcomputer technical software, including programming languages, tools, utilities, libraries, development systems, interfaces, and communication products. This segment markets its products through catalogs, direct mail programs, and advertisements in trade magazines, as well as through Internet and email promotions. The Lifeboat segment distributes technical software to corporate and value-added resellers, consultants, and systems integrators. Wayside Technology Group, Inc. was formerly known as Programmer's Paradise, Inc. and changed its name to Wayside Technology Group, Inc. in August 2006. The company was founded in 1982 and is headquartered in Shrewsbury, New Jersey.More Info:Quote |Profile |Reports |Research |Ins...
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Q3 2009 Wayside Technology Group, Inc. Earnings Release - After Market Close

Earnings Announcements for Thursday, October 29CompanySymbolTimeConferenceCall3PAR Inc.PARAfter Market CloseListenABBABB01:00 am ETABG SUN COL HLDGASC.OLTime Not SuppliedAccuray IncorporatedARAYAfter Market CloseListenACHENG RELAY000922.SZTime Not SuppliedAcme Packet, Inc.APKTAfter Market CloseListenAcme UnitedACU09:00 am ETListenACS, Actividades de Construcción y Servicios, S.A.ACS.MCAfter Market CloseACTELIOSACT.MI10:00 am ETActuate CorporationACTUAfter Market CloseListenAdaptec, Inc.ADPTTime Not SuppliedListenAdolor CorporationADLRTime Not SuppliedListenADVA Optical NetworkingADV.FTime Not SuppliedListenAetna Inc.AETBefore Market OpenListenAGL ResourcesAGLBefore Market OpenListenAgree Realty...
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Livedrive Partners With Lifeboat Distribution to Bring Web-Based Storage, Back-Up and File Sharing Service to the United States

SAN FRANCISCO, CA--(Marketwire - 10/27/09) - Livedrive, an online storage, back-up and file-sharing service located in the U.K., today announced its official entry into the U.S. marketplace via a distribution agreement with Lifeboat Distribution, an international specialty software distributor for security, application lifecycle, and virtualization and network infrastructure products. Lifeboat will offer the product through its network of value added resellers and solution providers. Livedrive plans to open an office in the U.S. within 12 months. Livedrive provides unlimited online storage, cross network sync, one-click backup, and the ability to easily share and access files from any device. With local caching functionality, users have the option of automatically storing their data both online and offline for better peace of mind. Serving the needs of both small businesses and consumers alike, Livedrive counts more than 300,000 paying customers globally."With companies such as Mozy and Dropbox, and even big players like Google and Microsoft offering backup products, we understand we're in a competitive space," said Andrew Michael, CEO of Livedrive. "What sets Livedrive apart is the advanced functionality and tightly embedded applications. Livedrive users can simultaneously edit documents, play videos, stream music and share files all within the web browser. It essentially turns online storage and backup into a social network and online operating system."Livedrive is accessible from any device connected to the Internet, including the iPhone and BlackBerry. Livedrive also has Facebook, Flickr, and SmugMug integration, so users can just drag and drop photos from and to their Livedrive easily, eliminating the need to upload photos separately."We're excited to partner with Livedrive to distribute their online storage and back-up servic...
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Wayside Technology Group, Inc. Reports 2009 Third Quarter Results and Declares Quarterly Dividend

SHREWSBURY, NJ--(Marketwire - 10/29/09) - Wayside Technology Group, Inc. (NASDAQ:WSTG - News) today reported financial results for the third quarter ended September 30, 2009. The results will be discussed in a conference call to be held on Friday, October 30, 2009 at 10:00 AM Eastern time. The dial-in telephone number is (866) 238-0637 and the pass code is "WSTG." This conference call will be available via live webcast -- in listen-mode only -- at www.earnings.com. A replay will be available on the company's website at www.waysidetechnology.com.Net income for the third quarter of 2009 amounted to $598,000 or 1.7% of net sales as compared to $811,000 or 1.8% for the same period in 2008.Cash and marketable securities amount to $14.1 million, representing 57% of equity as of September 30, 2009. The company has no debt.Total net sales for the third quarter of 2009 amounted to $35.3 million, compared to $45.4 million for the same period in 2008. Sales for the third quarter of 2009 for the Lifeboat segment were $23.8 million compared to $30.1 million in the third quarter of 2008. Excluding VMware, Lifeboat's sales inc...
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WAYSIDE TECHNOLOGY GROUP, INC. Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue35,310  37,032  31,750  40,031  Cost of Revenue31,616  32,951  28,283  35,530  Gross Profit3,694  4,081  3,467  4,501  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative2,741  2,911  2,651  3,148  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss953  1,170  816  1,353  Income from Continuing OperationsTotal Other Income/Expenses Net129  126  147  189  Earnings Before Interest And Taxes1,082  1,296  963  1,542  Interest Expense -   -   -   -  Income Before Tax1,082  1,296  963  1,542  Income Tax Expense483  506  385  639  Minority Interest -   -   -   -  Net Income From Continuing Ops599  790  578  903  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   ...
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WAYSIDE TECHNOLOGY GROUP, INC. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following Management's Discussion and Analysis of Financial Condition and Results of Operations contains, in addition to historical information, forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of risk and uncertainties, including those set forth under the heading "Certain Factors Affecting Results of Operations and Stock Price" and elsewhere in this report and those set forth in "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2008, filed with the Securities and Exchange Commission. The following discussion should be read in conjunction with the accompanying unaudited condensed consolidated financial statements and related notes included in this report and the consolidated financial statements and related notes included in our 2008 Annual Report on Form 10-K. Overview The Company is organized into two reportable operating segments - the "Programmer's Paradise" segment, which sells technical software, hardware and services directly to end-users (such as individual programmers, corporations, government agencies, and educational institutions) and the "Lifeboat" segment, which distributes technical software to end-users through corporate resellers, VARs, consultants and systems integrators. The ongoing general economic downturn is causing our current and potential customers to delay or reduce technology purchases and results in longer sales cycles, slower adoption of new technologies and increased price competition. We have taken steps to reduce our costs of operations. While we have reduced our cost of sales as a percentage of net sales for both the nine and the three months ended September 30, 2009 compared to the corresponding prior-year periods, this was p...
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Wayside Technology Group, Inc. Earnings Call scheduled for 10:00 am ET today

Call DetailsWayside Technology Group, Inc. Earnings Conference Call (Q3 2009)Fri, Oct 30, 2009, 10:00 am EasternAbout Wayside Technology Group, Inc. (NasdaqGM:WSTG)Wayside Technology Group, Inc. markets software to software development and information technology professionals in the United States and Canada. It operates in two segments, Programmer's Paradise and Lifeboat. The Programmer's Paradise segment sells technical software, hardware, and services for microcomputers, servers, and networks to individual programmers, corporations, government agencies, and educational institutions. This segment also provides technical and general business application software solutions from various publishers and manufacturers. In addition, its catalogs offer collections of microcomputer technical software, including programming languages, tools, utilities, libraries, development systems, interfaces, and communication products. This segment markets its products through catalogs, direct mail programs, and advertisements in trade magazines, as well as through Internet and email promotions. The Lifeboat segment distributes technical software to corporate and value-added resellers, consultants, and systems integrators. Wayside Technology Group, Inc. was formerly known as Programmer's Paradise, Inc. and changed its name to Wayside Technology Group, Inc. in August 2006. The company was founded in 1982 and is headquartered in Shrewsbury, New Jersey.More Info:Quote |Profile |Reports |Research |Insider | ...
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WAYSIDE TECHNOLOGY GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement

Show all filings for WAYSIDE TECHNOLOGY GROUP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for WAYSIDE TECHNOLOGY GROUP, INC. 30-Oct-2009Results of Operations and Financial Condition, Financial Statement Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...
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