secwatch.observer — SEC 8-K summary
======================================

Issuer:     EPLUS INC (PLUS)
CIK:        0001022408
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001022408-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ePlus Q3 net sales up 26% to $623.5M; diluted EPS $1.34, +36.7% YoY
-------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022408/000102240823000008/0001022408-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022408/000102240823000008/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001022408-23-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer