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  • Nov 12, 2024

      Show headlines and story abstract
    • 5:55PM ET on Tuesday Nov 12, 2024 by MT Newswires
      Companies Mentioned: PLUS
      05:55 PM EST, 11/12/2024 (MT Newswires) -- EPlus (PLUS) reported fiscal Q2 non-GAAP earnings late Tuesday of $1.36 per diluted share, down from $1.40 a year earlier. Three analysts surveyed by Capital IQ expected $1.39. Net sales in the three months...
    • 4:22PM ET on Tuesday Nov 12, 2024 by MT Newswires
      Companies Mentioned: PLUS
      04:22 PM EST, 11/12/2024 (MT Newswires) -- ...
    • 4:22PM ET on Tuesday Nov 12, 2024 by MT Newswires
      Companies Mentioned: PLUS
      04:22 PM EST, 11/12/2024 (MT Newswires) -- ...
    • 4:05PM ET on Tuesday Nov 12, 2024 by PR Newswire
      Companies Mentioned: PLUS

      Second Quarter Gross Profit And Gross Margin Improved Year Over Year

      ePlus inc. (NASDAQ: PLUS), a leading provider of technology and financing solutions, today announced financial results for the three months and six months ended September 30, 2024, the second quarter of its 2025 fiscal year.

    • 4:05PM ET on Tuesday Nov 12, 2024 by Dow Jones
      Companies Mentioned: PLUS
      September 30, 30, --------------------------- ---------------------------- 2024 2023 2024 2023 ------------ ------------- ------------- ------------- (in thousands) GAAP: Earnings before taxes $43,297 $44,980 $80,839 $91,502 Share based compensation 2,597 2,414 5,452 4,619 Acquisition related expenses 1,043 - 1,043 - Acquisition related amortization expense [3] 4,447 4,023 8,197 7,492 Other (income) expense [2] (579) (117) (2,652) (307) ------------ ------------- ------------- ------------- Non-GAAP: Earnings before provision for income taxes 50,805 51,300 92,879 103,306 GAAP: Provision for income taxes 11,987 12,316 22,190 24,991 Share based compensation 730 665 1,529 1,272 Acquisition related expenses 293 - 293 - Acquisition related amortization expense [3] 1,246 1,106 2,293 2,058 Other (income) expense, net [2] (163) (32) (743) (84) Tax benefit (expense) on restricted stock 184 79 492 216 Non-GAAP: Provision for income taxes 14,277 14,134 26,054 28,453 Non-GAAP: Net earnings $36,528 $37,166 $66,825 $74,853 ============ ============= ============= ============= Three Months Ended Six Months Ended September September 30, 30, --------------------------- ---------------------------- 2024 2023 2024 2023 ------------ ------------- ------------- ------------- GAAP: Net earnings per common share -- diluted $1.17 $1.22 $2.19 $2.49 Share based compensation 0.07 0.07 0.15 0.13 Acquisition related expenses 0.03 - 0.03 - Acquisition related amortization expense [3] 0.12 0.11 0.22 0.20 Other (income) expense, net [2] (0.02) - (0.07) - Tax benefit (expense) on restricted stock (0.01) - (0.02) (0.01) ------------ ------------- ------------- ------------- Total non-GAAP adjustments -- net of tax 0.19 0.18 0.31 0.32 Non-GAAP: Net earnings per common share -- diluted $1.36 $1.40 $2.50 $2.81 ============ ============= ============= ============= [1] Amount consists of depreciation and amortization for assets used internally. [2] Interest income and foreign currency transaction gains and losses. [3] Amount consists of amortization of intangible assets from acquired businesses.

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