secwatch.observer — SEC 8-K summary
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Issuer:     EPLUS INC (PLUS)
CIK:        0001022408
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001022408-22-000035
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ePlus Q2 net sales up 7.8% to $493.7M; diluted EPS down 8.5% to $1.07
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022408/000102240822000035/0001022408-22-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022408/000102240822000035/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001022408-22-000035

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