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2morrowsGains

08/05/21 10:18 AM

#89653 RE: 2morrowsGains #89650

PLUS...Summary and Outlook...

"The strength of our first quarter results, coupled with strong backlog for our service offerings, reinforces our confidence in our fiscal 2022 prospects. With worldwide IT spending poised to accelerate this year, we are experiencing solid demand across our suite of managed and annuity services offerings, particularly those that address cybersecurity risks, as well as for our financing solutions. The financing segment closed several outsized transactions in July 2021, which we estimate will contribute $0.32 to $0.37 per diluted share to our second quarter. Against this favorable backdrop, we are cognizant of potential headwinds that may result from more limited product availability. To date, our deep roster of vendors and distributors has enabled us to deliver for our customers."