{"schema_version":"secwatch.filing_event.v1","accession":"0001022408-23-000022","form_type":"8-K","ticker":"PLUS","cik":"0001022408","company_name":"EPLUS INC","filed_at":"2023-05-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.636280+00:00","generated_at":"2026-06-14T10:08:06.022972+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ePlus Q4 net sales up 9% to $492M, diluted EPS $1.23 (+35%); FY23 revenue up 13.5% to $2.07B","bullets":["Q4 net sales $492.2M (+9.0% YoY), technology segment net sales $483.2M (+15.2%), service revenues $68.7M (+11.5%).","Q4 net earnings $32.9M (+35.5%), diluted EPS $1.23, adjusted EBITDA $48.7M (+22.4%).","FY23 net sales $2,067.7M (+13.5%), net earnings $119.4M (+13.0%), diluted EPS $4.48 (+14.0%), non-GAAP EPS $5.02.","Acquired CCI Systems NSG unit in May 2023; new share repurchase program of up to 1M shares authorized.","Gross margin expanded 140 bps to 26.9% in Q4; headcount up 177 to 1,754, partly from Future Com acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001022408-23-000022","json":"https://secwatch.observer/filing/0001022408-23-000022.json","markdown":"https://secwatch.observer/filing/0001022408-23-000022.md","text":"https://secwatch.observer/filing/0001022408-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000022/0001022408-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000022/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T10:08:06.022972+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":"643fc388e04fbb51721af2c254ef3d47cf36ab4b","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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000022/0001022408-23-000022-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended March 31, 2023"},{"label":"Revenue","value":"$492.2 million"},{"label":"Net income","value":"$32.9 million"},{"label":"EPS","value":"$1.23"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9cf36f5753d24c8866f20d1323a6003c4fc13594","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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022408/000102240823000022/0001022408-23-000022-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended March 31, 2023"},{"label":"Revenue","value":"$2,067.7 million"},{"label":"Net income","value":"$119.4 million"},{"label":"EPS","value":"$4.48"},{"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"}