ePlus Q1 net sales $649M, EPS $1.16; managed services revenue $51.3M (+15%)

EPLUS INC

2027-Q1 EPS reported $1.16 revenue$649,113,000

Net sales $649.1M (+1.0% YoY); net earnings from cont. ops $30.3M (-5.4%).
GAAP diluted EPS $1.16; non-GAAP diluted EPS $1.28.
Managed services revenue $51.3M (+15.1%), first $50M quarter.
Board declared $0.27/share dividend, payable Sept 16, record Aug 25.
New stock repurchase program authorized up to 1.5M shares over 12 months.

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