Nov 5, 4:25 PM ET
ePlus reported second-quarter fiscal 2027 results with net sales up 9.7% to $667.9 million and GAAP diluted earnings per share up 7.6% to $1.56, and raised its full-year fiscal 2027 guidance. Services revenue fell 2.4%, and the company also declared a $0.27 quarterly dividend and announced that General Counsel Erica Stoecker will retire, with Amanda Dupree succeeding her.
- Net sales rose 9.7% to $667.9 million, while services revenues fell 2.4% to $120.8 million
- GAAP diluted EPS rose 7.6% to $1.56; non-GAAP diluted EPS rose 19.0% to $1.82
- Guidance raised to upper single-digit growth in net sales and gross profit and low double-digit growth in adjusted EBITDA for fiscal 2027
- Quarterly dividend of $0.27 per share payable December 16, 2026, to holders of record on November 24, 2026
Read the filing on SEC.gov ↗
Aug 4, 5:29 PM ET
ePlus reported first-quarter fiscal 2027 results with net sales up 1.0% to $649.1 million, while net earnings from continuing operations fell 5.4% to $30.3 million and diluted EPS fell 4.1% to $1.16. The company reiterated its fiscal 2027 guidance and announced a $0.27 quarterly dividend and a new repurchase authorization of up to 1,500,000 shares.
- Net sales rose 1.0% to $649.1 million, but gross profit fell 1.5% to $151.3 million and gross margin was 23.3% versus 23.9% a year earlier.
- Net earnings from continuing operations fell 5.4% to $30.3 million; diluted EPS was $1.16 versus $1.21, and non-GAAP diluted EPS was $1.28 versus $1.41.
- Fiscal 2027 guidance reiterated for year-over-year growth in the mid-single digits for net sales, gross profit and adjusted EBITDA.
- Quarterly dividend of $0.27 per share, payable September 16, 2026 to holders of record on August 25, 2026; new buyback of up to 1,500,000 shares over 12 months starting August 11, 2026.
Read the filing on SEC.gov ↗
Jul 6, 4:41 PM ET
ePlus inc. increased its Board from eight to nine directors and appointed John M. Lutz, 64, to fill the new seat, effective July 6, 2026. Mr. Lutz was also named to the Audit and Compensation Committees and is considered independent under Nasdaq rules, which adds a new independent director to oversight committees.
- John M. Lutz, 64, appointed to the Board on July 6, 2026, filling a newly created vacancy
- Board size increased from eight to nine directors
- Mr. Lutz joins the Audit Committee and the Compensation Committee
- Compensation includes a pro-rata restricted stock grant under the ePlus 2024 Non-Employee Director Long-Term Incentive Plan
Read the filing on SEC.gov ↗
May 28, 4:25 PM ET
ePlus reported fourth-quarter fiscal 2026 net sales of $576.2 million, up 20.6%, and diluted earnings per share from continuing operations of $0.78, up 52.9%. Full-year net sales rose 22.1% to $2,442.5 million, and the company initiated fiscal 2027 guidance for mid-single-digit percentage growth in net sales, gross profit and adjusted EBITDA. The board also declared a quarterly dividend of $0.27 per share, an 8% increase, while gross margin fell to 24.6% from 26.5% in the fourth quarter.
- Q4 net sales $576.2 million, up 20.6%; Q4 diluted EPS from continuing operations $0.78 vs. $0.51
- Fiscal 2026 net sales $2,442.5 million, up 22.1%; net earnings from continuing operations $124.1 million, up 62.4%
- Fiscal 2027 guidance: mid-single-digit percentage growth for net sales, gross profit and adjusted EBITDA
- Quarterly dividend of $0.27 per share, payable June 30, 2026, to holders of record as of June 17, 2026
Read the filing on SEC.gov ↗
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