---
schema_version: "secwatch.filing_event.v1"
accession: "0001022408-23-000113"
form_type: "8-K"
ticker: "PLUS"
cik: "0001022408"
company_name: "EPLUS INC"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:00:52.441863+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ePlus Q2 net sales up 19% to $587.6M; diluted EPS $1.22 (+14% YoY); guidance maintained

## Summary
- Technology business net sales +21.3% to $571.9M; gross billings +7.4% to $856.5M.
- Managed services gross margin improved 460 bps; revenue +20.7% to $32.7M.
- Consolidated gross margin 24.6% vs 27.0% a year ago; product margin down on mix shift.
- Net earnings $32.7M (+14.7%); adjusted EBITDA $53.6M (+6.5%).
- FY2024 revenue guidance $2.23B-$2.33B; adjusted EBITDA $200M-$215M reaffirmed.

## SEC filing metadata
- accession: 0001022408-23-000113
- form_type: 8-K
- ticker: PLUS
- cik: 0001022408
- company_name: EPLUS INC
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022408/000102240823000113/0001022408-23-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022408/000102240823000113/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022408-23-000113
- JSON: https://secwatch.observer/filing/0001022408-23-000113.json
- Plain text: https://secwatch.observer/filing/0001022408-23-000113.txt

## Key facts
- Earnings Releases
  EPLUS INC reported financial results for three and six months ended September 30, 2023.
  - Period: three and six months ended September 30, 2023
  - Result: reported results
  source text: On November 7, 2023, ePlus inc. announced by press release its results of operations for its three and six months ended September 30, 2023 . A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022408/000102240823000113/0001022408-23-000113-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.