{"schema_version":"secwatch.filing_event.v1","accession":"0001022408-22-000035","form_type":"8-K","ticker":"PLUS","cik":"0001022408","company_name":"EPLUS INC","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.266338+00:00","generated_at":"2026-06-22T00:31:52.967145+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ePlus Q2 net sales up 7.8% to $493.7M; diluted EPS down 8.5% to $1.07","bullets":["Net sales $493.7M (+7.8% YoY); technology segment net sales $471.5M (+8.1%).","Diluted EPS $1.07 (down 8.5%); Non-GAAP diluted EPS $1.29 (down 0.8%).","Adjusted EBITDA $50.3M (up 0.2%); gross profit $133.3M (+8.4%).","Inventory up 77.3% from March 2022 due to supply chain constraints; headcount +175 to 1,729.","Foreign currency translation losses of $3.9M in the quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001022408-22-000035","json":"https://secwatch.observer/filing/0001022408-22-000035.json","markdown":"https://secwatch.observer/filing/0001022408-22-000035.md","text":"https://secwatch.observer/filing/0001022408-22-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022408/000102240822000035/0001022408-22-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022408/000102240822000035/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T00:31:52.967145+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0cda7857cd7b197d750a2d6de3563712cff8c771","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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240822000035/0001022408-22-000035-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended September 30, 2022"},{"label":"Revenue","value":"$952.1 million"},{"label":"Net income","value":"$50.8 million"},{"label":"EPS","value":"$1.91"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e2583b3155d8746f8bb64b1d67469cc8225a29be","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. •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240822000035/0001022408-22-000035-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2022"},{"label":"Revenue","value":"$493.7 million"},{"label":"Net income","value":"$28.5 million"},{"label":"EPS","value":"$1.07"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}