{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-10T17:11:22.168303+00:00","company":{"ticker":"PLUS","cik":1022408,"company_name":"EPLUS INC"},"pagination":{"limit":100,"returned":23,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"various lenders and Wells Fargo Commercial Distribution Finance, LLC","detail":"credit_facility","count":1,"first_seen":"2023-03-14T23:59:59+00:00","last_seen":"2023-03-14T23:59:59+00:00","evidence_fact_ids":[171872]}],"lender":[{"display_name":"Wells Fargo Commercial Distribution Finance, LLC","detail":"credit_facility","count":2,"first_seen":"2023-03-14T23:59:59+00:00","last_seen":"2023-03-14T23:59:59+00:00","evidence_fact_ids":[171875,171876]}]},"facts":[{"fact_type":"executive_change","fact_key":"15fdbe27af","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2026-07-06T20:41:34+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2026-07-06","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"John M. Lutz was appointed as Director at EPLUS INC.","evidence_excerpt":"appointed John M. Lutz, 64, to the Board, filling the vacancy.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001022408-26-000064","anchor_url":"https://secwatch.observer/filing/0001022408-26-000064#claim-15fdbe27af","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240826000064/0001022408-26-000064-index.htm"},{"fact_type":"earnings_release","fact_key":"4ff72d9e4083cb88aad9ef5cb8925c96ce60edb3","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2026-05-28T20:25:39+00:00","payload":{"eps_text":"Net earnings from continuing operations per common share- diluted increased 52.9% to $0.78","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"Net earnings from continuing operations increased 51.7% to $20.5 million","period_text":"fourth quarter and fiscal year ended March 31, 2026","report_date":"2026-05-28","result_type":"reported_results","revenue_text":"Net sales increased 20.6% to $576.2 million"},"claim":"EPLUS INC reported fourth quarter and fiscal year ended March 31, 2026 results: revenue Net sales increased 20.6% to $576.2 million, net income Net earnings from continuing operations increased 51.7% to $20.5 million, EPS Net earnings from continuing operations per common share- diluted increased 52.9% to $0.78.","evidence_excerpt":"Earnings Per Share ~ Initiates Fiscal 2027 Guidance and Announces Increased Common Stock Dividend of $0.27 Per Share ~ Fourth Quarter of Fiscal Year 2026 • Net sales increased 20.6% to $576.2 million; services revenues increased 4.9% to $110.0 million. • Gross billings increased 11.7% to $881.0 million. • Gross profit increased 11.6% to $141.6 million. •","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-26-023148","anchor_url":"https://secwatch.observer/filing/0001140361-26-023148#claim-4ff72d9e4083cb88aad9ef5cb8925c96ce60edb3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000114036126023148/0001140361-26-023148-index.htm"},{"fact_type":"governance_change","fact_key":"45f87b9f59590acd73aeb51ed04be2a784f170e1","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2026-02-17T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2026-02-17","item_codes_triggered":["5.03"],"summary_text":"Amended and restated Bylaws with changes to stockholder director nomination cure, dividend authority, inspector of elections, and administrative updates."},"claim":"EPLUS INC: Amended and restated Bylaws with changes to stockholder director nomination cure, dividend authority, inspector of elections, and administrative updates (effective 2026-02-17).","evidence_excerpt":"On February 17, 2026, the Board of Directors of ePlus inc. (the “Company”) approved the amendment and restatement of the Company’s Amended and Restated Bylaws (the “Bylaws”), which became effective the same day.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-26-000021","anchor_url":"https://secwatch.observer/filing/0001022408-26-000021#claim-45f87b9f59590acd73aeb51ed04be2a784f170e1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240826000021/0001022408-26-000021-index.htm"},{"fact_type":"executive_change","fact_key":"af55bb8fc1","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2025-01-07T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-01-03","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Melissa J. Ballenger was appointed as Director at EPLUS INC.","evidence_excerpt":"appointed Melissa J. Ballenger, 54, to the Board, filling the vacancy.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001022408-25-000009","anchor_url":"https://secwatch.observer/filing/0001022408-25-000009#claim-af55bb8fc1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240825000009/0001022408-25-000009-index.htm"},{"fact_type":"governance_change","fact_key":"3c1bd4842b852c3c9cc176b33e946fd4f09da9c1","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2024-03-28T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2024-03-26","item_codes_triggered":["5.03"],"summary_text":"Amended and restated bylaws to comply with universal proxy rules and make other updates"},"claim":"EPLUS INC: Amended and restated bylaws to comply with universal proxy rules and make other updates (effective 2024-03-26).","evidence_excerpt":"On March 26, 2024, the Board of Directors of ePlus inc. (the “Company”) approved the amendment and restatement of the Company’s Amended and Restated Bylaws (the “Bylaws”), which became effective the same day.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-24-000022","anchor_url":"https://secwatch.observer/filing/0001022408-24-000022#claim-3c1bd4842b852c3c9cc176b33e946fd4f09da9c1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240824000022/0001022408-24-000022-index.htm"},{"fact_type":"executive_change","fact_key":"4b7487ef4c","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2024-02-20T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2024-02-20","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Eric Hovde resigned as Director at EPLUS INC.","evidence_excerpt":"Mr. Eric Hovde, a Director of ePlus inc. (the “Company”), notified the Board of Directors (the \"Board”) of the Company of his resignation from the Board, effective Tuesday, February 20, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001022408-24-000012","anchor_url":"https://secwatch.observer/filing/0001022408-24-000012#claim-4b7487ef4c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240824000012/0001022408-24-000012-index.htm"},{"fact_type":"earnings_release","fact_key":"dc9f42219760a05cf30a2581ab5cac09a30ddd71","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-11-09T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"three and six months ended September 30, 2023","report_date":"2023-11-07","result_type":"reported_results","revenue_text":null},"claim":"EPLUS INC reported financial results for three and six months ended September 30, 2023.","evidence_excerpt":"On November 7, 2023, ePlus inc. announced by press release its results of operations for its three and six months ended September 30, 2023 . A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference .","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001022408-23-000113","anchor_url":"https://secwatch.observer/filing/0001022408-23-000113#claim-dc9f42219760a05cf30a2581ab5cac09a30ddd71","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000113/0001022408-23-000113-index.htm"},{"fact_type":"governance_change","fact_key":"8db82dc911ae4d00c736a0a32bbcea0d61e63a8f","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-09-19T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2023-09-18","item_codes_triggered":["5.03"],"summary_text":"Amendment to Amended and Restated Certificate of Incorporation to limit personal liability of certain officers of ePlus as permitted by recent amendments to the General Corporation Law of the State of Delaware."},"claim":"EPLUS INC: Amendment to Amended and Restated Certificate of Incorporation to limit personal liability of certain officers of ePlus as permitted by recent amendments to the General Corporation Law of the State of Delaware (effective 2023-09-18).","evidence_excerpt":"On September 14, 2023, e Plus inc. (“ e Plus”) held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”), as further described in Item 5.07 below, at which e Plus’ stockholders approved an amendment to e Plus’ Amended and Restated Certificate of Incorporation to limit the personal liability of certain officers of ePlus as permitted by recent amendments to the General Corporation Law of the State of Delaware (the “Amendment”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000091","anchor_url":"https://secwatch.observer/filing/0001022408-23-000091#claim-8db82dc911ae4d00c736a0a32bbcea0d61e63a8f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000091/0001022408-23-000091-index.htm"},{"fact_type":"shareholder_vote","fact_key":"ed5bd5c53e645d97f9ce47e6d6dc6a6eb0b62e58","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-09-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-14","outcome":"passed","proposal_text":"Approval to amend Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation","proposal_type":"charter_amendment","results":[{"broker_non_votes":"830,026","subject":null,"votes_abstain":"49,512","votes_against":"3,580,009","votes_for":"20,260,870","votes_withheld":null}]},"claim":"EPLUS INC shareholders approved Approval to amend Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation at the 2023-09-14 meeting.","evidence_excerpt":"Approval to amend e Plus' Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation (included as Proposal 4 in the Proxy Statement). The proposal was approved by a vote of shareholders as follows: For: 20,260,870 Against: 3,580,009 Abstain: 49,512 Broker non-votes: 830,026","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000091","anchor_url":"https://secwatch.observer/filing/0001022408-23-000091#claim-ed5bd5c53e645d97f9ce47e6d6dc6a6eb0b62e58","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000091/0001022408-23-000091-index.htm"},{"fact_type":"shareholder_vote","fact_key":"4b7feb996db5686d5bce158a8de0dc6cba8d625c","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-09-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-14","outcome":"passed","proposal_text":"Ratification of the selection of Deloitte & Touche LLP as our independent registered accounting firm for fiscal year 2024","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"11,803","votes_against":"289,295","votes_for":"24,419,319","votes_withheld":null}]},"claim":"EPLUS INC shareholders approved Ratification of the selection of Deloitte & Touche LLP as our independent registered accounting firm for fiscal year 2024 at the 2023-09-14 meeting.","evidence_excerpt":"Ratification of the selection of Deloitte & Touche LLP as our independent registered accounting firm for fiscal year 2024 (included as Proposal 3 in the Proxy Statement). The proposal was approved by a vote of shareholders as follows: For: 24,419,319 Against: 289,295 Abstain: 11,803","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000091","anchor_url":"https://secwatch.observer/filing/0001022408-23-000091#claim-4b7feb996db5686d5bce158a8de0dc6cba8d625c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000091/0001022408-23-000091-index.htm"},{"fact_type":"shareholder_vote","fact_key":"f650e69bb8a23e74dbf48eb89aace23846fd517f","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-09-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-14","outcome":"passed","proposal_text":"Advisory vote on the compensation of our named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"830,026","subject":null,"votes_abstain":"39,255","votes_against":"1,319,973","votes_for":"22,531,163","votes_withheld":null}]},"claim":"EPLUS INC shareholders approved Advisory vote on the compensation of our named executive officers at the 2023-09-14 meeting.","evidence_excerpt":"Advisory vote on the compensation of our named executive officers, as disclosed in our Proxy Statement (included as Proposal 2 in the Proxy Statement). The proposal was approved by a vote of shareholders as follows: For: 22,531,163 Against: 1,319,973 Abstain: 39,255 Broker non-votes: 830,026","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000091","anchor_url":"https://secwatch.observer/filing/0001022408-23-000091#claim-f650e69bb8a23e74dbf48eb89aace23846fd517f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000091/0001022408-23-000091-index.htm"},{"fact_type":"shareholder_vote","fact_key":"9412569b34e70b71fabc0a5dd4e40c32943d62b3","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-09-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-14","outcome":"passed","proposal_text":"Election of directors","proposal_type":"director_election","results":[{"broker_non_votes":"830,026","subject":"Renée Bergeron","votes_abstain":null,"votes_against":null,"votes_for":"23,846,575","votes_withheld":"43,816"},{"broker_non_votes":"830,026","subject":"Bruce M. Bowen","votes_abstain":null,"votes_against":null,"votes_for":"23,246,962","votes_withheld":"643,429"},{"broker_non_votes":"830,026","subject":"John E. Callies","votes_abstain":null,"votes_against":null,"votes_for":"23,031,384","votes_withheld":"859,007"},{"broker_non_votes":"830,026","subject":"C. Thomas Faulders, III","votes_abstain":null,"votes_against":null,"votes_for":"23,030,862","votes_withheld":"859,529"},{"broker_non_votes":"830,026","subject":"Eric D. Hovde","votes_abstain":null,"votes_against":null,"votes_for":"22,422,395","votes_withheld":"1,467,996"},{"broker_non_votes":"830,026","subject":"Ira A. Hunt, III","votes_abstain":null,"votes_against":null,"votes_for":"23,343,121","votes_withheld":"547,270"},{"broker_non_votes":"830,026","subject":"Mark P. Marron","votes_abstain":null,"votes_against":null,"votes_for":"23,260,169","votes_withheld":"630,222"},{"broker_non_votes":"830,026","subject":"Maureen F. Morrison","votes_abstain":null,"votes_against":null,"votes_for":"23,402,034","votes_withheld":"488,357"},{"broker_non_votes":"830,026","subject":"Ben Xiang","votes_abstain":null,"votes_against":null,"votes_for":"21,275,536","votes_withheld":"2,614,855"}]},"claim":"EPLUS INC shareholders approved Election of directors at the 2023-09-14 meeting.","evidence_excerpt":"Each nominee for director was elected by a vote of the shareholders as follows: For Withheld Broker Non-Vote Renée Bergeron 23,846,575 43,816 830,026 Bruce M. Bowen 23,246,962 643,429 830,026 John E. Callies 23,031,384 859,007 830,026 C. Thomas Faulders, III 23,030,862 859,529 830,026 Eric D. Hovde 22,422,395 1,467,996 830,026 Ira A. Hunt, III 23,343,121 547,270 830,026 Mark P. Marron 23,260,169 630,222 830,026 Maureen F. Morrison 23,402,034 488,357 830,026 Ben Xiang 21,275,536 2,614,855 830,026","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000091","anchor_url":"https://secwatch.observer/filing/0001022408-23-000091#claim-9412569b34e70b71fabc0a5dd4e40c32943d62b3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000091/0001022408-23-000091-index.htm"},{"fact_type":"earnings_release","fact_key":"fb3078e87c7e814e830e8d1579d66be29b881307","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-08-09T23:59:59+00:00","payload":{"eps_text":"$1.27","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"$33.8 million","period_text":"first quarter ended June 30, 2023","report_date":"2023-08-07","result_type":"reported_results","revenue_text":"$574.2 million"},"claim":"EPLUS INC reported first quarter ended June 30, 2023 results: revenue $574.2 million, net income $33.8 million, EPS $1.27. Guidance initiated.","evidence_excerpt":"ePlus Reports First Quarter Fiscal Year 2024 Financial Results EPS increased 51.2% to $1.27; Net Sales up 25.3% to $574.2 million","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000063","anchor_url":"https://secwatch.observer/filing/0001022408-23-000063#claim-fb3078e87c7e814e830e8d1579d66be29b881307","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000063/0001022408-23-000063-index.htm"},{"fact_type":"earnings_release","fact_key":"9cf36f5753d24c8866f20d1323a6003c4fc13594","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-05-31T23:59:59+00:00","payload":{"eps_text":"$4.48","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$119.4 million","period_text":"the fiscal year ended March 31, 2023","report_date":"2023-05-24","result_type":"reported_results","revenue_text":"$2,067.7 million"},"claim":"EPLUS INC reported the fiscal year ended March 31, 2023 results: revenue $2,067.7 million, net income $119.4 million, EPS $4.48.","evidence_excerpt":"Fiscal Year 2023 • Net sales increased 13.5% to $2,067.7 million; technology segment net sales increased 16.3% to $2,015.2 million; service revenues increased 9.9% to $264.4 million. • Technology segment gross billings increased 19.8% to $3,145.9 million. • Consolidated gross profit increased 12.3% to $517.5 million. • Consolidated gross margin was 25.0%, compared with 25.3% last year. • Net earnings increased 13.0% to $119.4 million. • Adjusted EBITDA increased 12.1% to $190.6 million. • Diluted earnings per share increased 14.0% to $4.48. Non-GAAP diluted earnings per share increased 14.4% to $5.02.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000022","anchor_url":"https://secwatch.observer/filing/0001022408-23-000022#claim-9cf36f5753d24c8866f20d1323a6003c4fc13594","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000022/0001022408-23-000022-index.htm"},{"fact_type":"earnings_release","fact_key":"643fc388e04fbb51721af2c254ef3d47cf36ab4b","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-05-31T23:59:59+00:00","payload":{"eps_text":"$1.23","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$32.9 million","period_text":"the fourth quarter ended March 31, 2023","report_date":"2023-05-24","result_type":"reported_results","revenue_text":"$492.2 million"},"claim":"EPLUS INC reported the fourth quarter ended March 31, 2023 results: revenue $492.2 million, net income $32.9 million, EPS $1.23.","evidence_excerpt":"Fourth Quarter Fiscal Year 2023 • Net sales increased 9.0% to $492.2 million from last year’s quarter; technology segment net sales increased 15.2% to $483.2 million; service revenues increased 11.5% to $68.7 million. • Technology segment gross billings increased 17.6% to $733.1 million. • Consolidated gross profit increased 14.7% to $132.3 million. • Consolidated gross margin was 26.9%, up 140 basis points. • Net earnings increased 35.5% to $32.9 million. • Adjusted EBITDA increased 22.4% to $48.7 million. • Diluted earnings per share increased 35.2% to $1.23. Non-GAAP diluted earnings per share increased 34.7% to $1.36.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000022","anchor_url":"https://secwatch.observer/filing/0001022408-23-000022#claim-643fc388e04fbb51721af2c254ef3d47cf36ab4b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000022/0001022408-23-000022-index.htm"},{"fact_type":"debt_financing","fact_key":"301dcbe3f7077c2ea01270bbae1d01e2a11fe3ac","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-03-14T23:59:59+00:00","payload":{"counterparty":"Wells Fargo Commercial Distribution Finance, LLC (as Administrative Agent)","effective_date":"2023-03-10","event":"amendment","instrument_type":"revolving_credit","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"$200,000,000"},"claim":"EPLUS INC amended revolving credit of $200,000,000 with Wells Fargo Commercial Distribution Finance, LLC (as Administrative Agent).","evidence_excerpt":"increase the maximum aggregate amount of principal available under the Revolving Facility from $150,000,000 to $200,000,000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000010","anchor_url":"https://secwatch.observer/filing/0001022408-23-000010#claim-301dcbe3f7077c2ea01270bbae1d01e2a11fe3ac","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/0001022408-23-000010-index.htm"},{"fact_type":"debt_financing","fact_key":"a1871d62c3e79f259c9b3a7c513320f113f82279","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-03-14T23:59:59+00:00","payload":{"counterparty":"Wells Fargo Commercial Distribution Finance, LLC (as Administrative Agent)","effective_date":"2023-03-10","event":"amendment","instrument_type":"credit_facility","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"$500,000,000"},"claim":"EPLUS INC amended credit facility of $500,000,000 with Wells Fargo Commercial Distribution Finance, LLC (as Administrative Agent).","evidence_excerpt":"increase the maximum aggregate amount of principal available under the Floorplan Facility from $425,000,000 to $500,000,000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000010","anchor_url":"https://secwatch.observer/filing/0001022408-23-000010#claim-a1871d62c3e79f259c9b3a7c513320f113f82279","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/0001022408-23-000010-index.htm"},{"fact_type":"material_agreement","fact_key":"1e80b0a04bda776e43904ab6a9e094201a03db0d","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-03-14T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Second Amendment to Credit Agreement","agreement_type":"credit_facility","counterparty":"various lenders and Wells Fargo Commercial Distribution Finance, LLC","effective_date":"2023-03-10","item_codes_triggered":["1.01"],"value_text":"increase the maximum aggregate amount of principal available under the Floorplan Facility from $425,"},"claim":"EPLUS INC amended Second Amendment to Credit Agreement with various lenders and Wells Fargo Commercial Distribution Finance, LLC valued at increase the maximum aggregate amount of principal available under the Floorplan Facility from $425, (effective 2023-03-10).","evidence_excerpt":"On March 10, 2023, the Borrowers entered into a certain Second Amendment to Credit Agreement by and among the Borrowers, the Lenders who are parties thereto and the Administrative Agent (the “Second Amendment to Credit Agreement”)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001022408-23-000010","anchor_url":"https://secwatch.observer/filing/0001022408-23-000010#claim-1e80b0a04bda776e43904ab6a9e094201a03db0d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000010/0001022408-23-000010-index.htm"},{"fact_type":"earnings_release","fact_key":"b2f9394b7791b729d9e92430331f579ebe639aa5","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-02-10T23:59:59+00:00","payload":{"eps_text":"$3.24","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$86.5 million","period_text":"first nine months fiscal year 2023","report_date":"2023-02-07","result_type":"reported_results","revenue_text":"$1,575.5 million"},"claim":"EPLUS INC reported first nine months fiscal year 2023 results: revenue $1,575.5 million, net income $86.5 million, EPS $3.24.","evidence_excerpt":"increased 36.7% to $1.34. Non-GAAP net earnings per common share-diluted increased 25.5% to $1.38. First Nine Months Fiscal Year 2023 • Net sales increased 15.0% to $1,575.5 million; technology segment net sales increased 16.6% to $1,532.0 million; service revenues increased 9.4% to\n $195.7 million. • Technology segment adjusted gross billings increased","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001022408-23-000008","anchor_url":"https://secwatch.observer/filing/0001022408-23-000008#claim-b2f9394b7791b729d9e92430331f579ebe639aa5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000008/0001022408-23-000008-index.htm"},{"fact_type":"earnings_release","fact_key":"979ab03a06239c4d51117c7690ca61e99c893bab","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2023-02-10T23:59:59+00:00","payload":{"eps_text":"$1.34","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$35.7 million","period_text":"third quarter fiscal year 2023","report_date":"2023-02-07","result_type":"reported_results","revenue_text":"$623.5 million"},"claim":"EPLUS INC reported third quarter fiscal year 2023 results: revenue $623.5 million, net income $35.7 million, EPS $1.34.","evidence_excerpt":"2 ex99-1.htm PRESS RELEASE EXHIBIT 99.1 ePlus Reports Third Quarter and First Nine Months Financial Results Third Quarter Fiscal Year 2023 • Net sales increased 26.0% to $623.5 million; technology segment net sales increased 28.3% to $611.8 million; service revenues increased 7.9% to $67.5\n million. • Technology segment adjusted gross billings increased 29.7%","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001022408-23-000008","anchor_url":"https://secwatch.observer/filing/0001022408-23-000008#claim-979ab03a06239c4d51117c7690ca61e99c893bab","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000008/0001022408-23-000008-index.htm"},{"fact_type":"earnings_release","fact_key":"0cda7857cd7b197d750a2d6de3563712cff8c771","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2022-11-09T23:59:59+00:00","payload":{"eps_text":"$1.91","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$50.8 million","period_text":"six months ended September 30, 2022","report_date":"2022-11-03","result_type":"reported_results","revenue_text":"$952.1 million"},"claim":"EPLUS INC reported six months ended September 30, 2022 results: revenue $952.1 million, net income $50.8 million, EPS $1.91.","evidence_excerpt":"• Diluted earnings per share decreased 8.5% to $1.07. Non-GAAP diluted earnings per share decreased 0.8% to $1.29. First Half Fiscal Year 2023 • Net sales increased 8.8% to $952.1 million; technology segment net sales increased 10.0% to $920.3 million; service revenues increased 10.2% to $128.3 million. • Adjusted gross billings increased 13.2% to $1,467.7","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001022408-22-000035","anchor_url":"https://secwatch.observer/filing/0001022408-22-000035#claim-0cda7857cd7b197d750a2d6de3563712cff8c771","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240822000035/0001022408-22-000035-index.htm"},{"fact_type":"earnings_release","fact_key":"e2583b3155d8746f8bb64b1d67469cc8225a29be","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2022-11-09T23:59:59+00:00","payload":{"eps_text":"$1.07","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$28.5 million","period_text":"three months ended September 30, 2022","report_date":"2022-11-03","result_type":"reported_results","revenue_text":"$493.7 million"},"claim":"EPLUS INC reported three months ended September 30, 2022 results: revenue $493.7 million, net income $28.5 million, EPS $1.07.","evidence_excerpt":"99.1 ePlus Reports Second Quarter and First Half Financial Results - Broad-Based Demand Drives 8% Sales Growth - Second Quarter Fiscal Year 2023 • Net sales increased 7.8% to $493.7 million; technology segment net sales increased 8.1% to $471.5 million; service revenues increased 7.1% to $65.2 million. • Adjusted gross billings increased 15.3% to $765.8 million. •","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001022408-22-000035","anchor_url":"https://secwatch.observer/filing/0001022408-22-000035#claim-e2583b3155d8746f8bb64b1d67469cc8225a29be","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240822000035/0001022408-22-000035-index.htm"},{"fact_type":"executive_change","fact_key":"0709f73950","cik":1022408,"ticker":"PLUS","company_name":"EPLUS INC","filed_at":"2022-10-17T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2022-10-13","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Renée Bergeron was appointed as Director at EPLUS INC.","evidence_excerpt":"On October 13, 2022, Ms. Renée Bergeron, 59, was appointed to the Board of Directors (the “Board”) of e Plus inc. (the “Company”), filling the newly-created vacancy that resulted from the Board expanding its size from eight to nine members pursuant to Article III of the Company’s Amended and Restated Bylaws.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001022408-22-000028","anchor_url":"https://secwatch.observer/filing/0001022408-22-000028#claim-0709f73950","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240822000028/0001022408-22-000028-index.htm"}]}