secwatch.observer — SEC 8-K summary
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Issuer:     EPLUS INC (PLUS)
CIK:        0001022408
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001022408-25-000076
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ePlus Q1 FY2026 net sales up 19% to $637M; initiates $0.25 quarterly dividend and new buyback
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- Net sales $637.3M (+19% YoY); net earnings from continuing ops $27.1M (+12.1%); diluted EPS $1.03 (+14.4%).
- Services revenues surged 48.8% to $116.3M; gross billings $952.8M (+14.3%).
- First quarterly dividend: $0.25/share, payable Sept 17 to shareholders of record Aug 26; new buyback of up to 1.5M shares.
- Closed sale of domestic financing business; discontinued ops net earnings $10.6M including $4.4M gain on sale.
- FY2026 guidance raised: net sales growth upper single digits, gross profit upper single digits, adj. EBITDA mid-teens.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022408/000102240825000076/0001022408-25-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022408/000102240825000076/8k.htm
  HTML page:      https://secwatch.observer/filing/0001022408-25-000076

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