earnings
confidence high
sentiment positive
materiality 0.70
ePlus Q1 FY2024 EPS $1.27 (+51.2% YoY), sales $574.2M (+25.3%)
EPLUS INC
2024-Q1 EPS reported
$1.27
revenue$574,175,000
- Net sales up 25.3% to $574.2M; tech business sales +26.0% to $565.7M.
- GAAP diluted EPS $1.27 (+51.2%); non-GAAP diluted EPS $1.41 (+42.4%).
- Adjusted EBITDA $53.9M (+40.7%); gross margin flat at 24.8%.
- FY2024 guidance: revenue $2.23B-$2.33B, adj. EBITDA $200M-$215M.
- Acquisitions of Future Com and NSG contributed; headcount up 216 to 1,853.