secwatch.observer — SEC 8-K summary
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Issuer:     EPLUS INC (PLUS)
CIK:        0001022408
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001022408-23-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ePlus Q1 FY2024 EPS $1.27 (+51.2% YoY), sales $574.2M (+25.3%)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022408/000102240823000063/0001022408-23-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022408/000102240823000063/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001022408-23-000063

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