{"schema_version":"secwatch.filing_event.v1","accession":"0001022408-23-000008","form_type":"8-K","ticker":"PLUS","cik":"0001022408","company_name":"EPLUS INC","filed_at":"2023-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.542237+00:00","generated_at":"2026-06-19T17:23:18.183366+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ePlus Q3 net sales up 26% to $623.5M; diluted EPS $1.34, +36.7% YoY","bullets":["Technology segment net sales $611.8M (+28.3% YoY); service revenue $67.5M (+7.9%).","Net earnings $35.7M (+35.1%); adjusted EBITDA $53.3M (+27.6%).","Non-GAAP diluted EPS $1.38, up 25.5% from $1.10.","Gross margin 22.2%, down 150 bps from 23.7% due to lower product and service margins.","Inventory $244.8M, +57.9% vs March 2022 but -10.9% sequentially."],"urls":{"canonical":"https://secwatch.observer/filing/0001022408-23-000008","json":"https://secwatch.observer/filing/0001022408-23-000008.json","markdown":"https://secwatch.observer/filing/0001022408-23-000008.md","text":"https://secwatch.observer/filing/0001022408-23-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000008/0001022408-23-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000008/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T17:23:18.183366+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":"979ab03a06239c4d51117c7690ca61e99c893bab","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 million. • Technology segment adjusted gross billings increased 29.7%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000008/0001022408-23-000008-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter fiscal year 2023"},{"label":"Revenue","value":"$623.5 million"},{"label":"Net income","value":"$35.7 million"},{"label":"EPS","value":"$1.34"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b2f9394b7791b729d9e92430331f579ebe639aa5","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 $195.7 million. • Technology segment adjusted gross billings increased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000008/0001022408-23-000008-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first nine months fiscal year 2023"},{"label":"Revenue","value":"$1,575.5 million"},{"label":"Net income","value":"$86.5 million"},{"label":"EPS","value":"$3.24"},{"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"}