ePlus Inc

PLUS

Equity

ISIN US2942681071 / Valor 1013462

NASDAQ (2025-03-28)

USD 61.93-3.61%

ePlus Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

ePlus Inc. is a technology solutions provider that has been operating since 1990, offering a broad range of services including financing and leasing options to help organizations manage their technology investments. The company serves a diverse clientele across commercial and government sectors in the US, UK, Europe, and Asia-Pacific. ePlus specializes in delivering tailored financing solutions that align with the unique needs and structures of its customers. Additionally, the company provides global engineering expertise and 24/7 managed services through its Managed Services Centers, ensuring continuous support and implementation assistance. ePlus aims to help organizations modernize and secure their digital infrastructure, focusing on practical approaches to achieve significant business and technology outcomes.

Summarized from source with an LLMView SourceSector: Technology

Net Sales and Revenue

In the second quarter of fiscal year 2025, ePlus Inc. reported a 12.3% decrease in consolidated net sales, totaling $515.2 million. The technology business segment saw a 13.8% decline in net sales, amounting to $493.3 million, while service revenues increased significantly by 46.0% to $103.7 million.

Gross Profit and Margin

ePlus Inc. experienced a 2.5% increase in consolidated gross profit, reaching $148.0 million for the second quarter of fiscal year 2025. The consolidated gross margin improved to 28.7%, compared to 24.6% in the same quarter of the previous year, driven by higher-margin service revenues.

Net Earnings and EPS

For the second quarter of fiscal year 2025, ePlus Inc.'s net earnings decreased by 4.1% to $31.3 million. The diluted earnings per share also saw a decline of 4.1%, amounting to $1.17, while the non-GAAP diluted earnings per share decreased by 2.9% to $1.36.

Operating Expenses and Income

ePlus Inc. reported an increase in consolidated operating expenses by 5.8% to $105.3 million in the second quarter of fiscal year 2025. Consequently, consolidated operating income decreased by 4.8% to $42.7 million, and earnings before tax fell by 3.7% to $43.3 million.

Fiscal Year Outlook

For fiscal year 2025, ePlus Inc. anticipates that net sales will be similar to those of fiscal year 2024. The company continues to focus on its services-led approach and the integration of recent acquisitions to drive future growth and shareholder value.

Summarized from source with an LLMView Source

Key figures

-21.1%1Y

10.4%3Y

114%5Y

Performance

39.4%1Y

36.6%3Y

40.4%5Y

Volatility