Earnings ·
ePlus inc. reported first quarter fiscal 2027 results for the period ended June 30, 2026, with net sales increasing…
PLUSEplus Inc
ePlus inc. reported first quarter fiscal 2027 results for the period ended June 30, 2026, with net sales increasing 1.0% to $649.1 million and gross billings rising 0.5% to $957.1 million. Net earnings from continuing operations decreased 5.4% to $30.3 million, or $1.16 per diluted share, while Adjusted EBITDA fell 9.2% to $47.8 million. The company also announced a quarterly cash dividend of $0.27 per common share, payable on September 16, 2026, to shareholders of record as of August 25, 2026. Additionally, the Board authorized a new stock repurchase program for up to 1,500,000 shares over 12 months commencing August 11, 2026. ePlus inc. is a provider of technology solutions and services.