Below is a snapshot of ePlus Inc. (NASDAQ: PLUS) Q2 FY22 earnings results.

Market Info

Reported: 11/9/2021 Market Close
Price change at close: (0.36%) 11/9/021
Ticker: NASDAQ: PLUS
Shares Outstanding: 13.51M
Market Cap: $1.57B

Income Statement

• Q2 2022 Net Sales up 5.8% to $458M for Q1 FY22.
• Gross Profit up Consolidated gross profit increased 24.3% to $123.0 million.
  • Consolidated gross margin was 26.9%, an increase of 400 basis points.
• Consolidated gross margin was 26.9%, an increase of 400 basis points.
• Net earnings increased 58.3% to $31.4 million.
• Adjusted EBITDA increased 49.6% to $50.2 million.
• Diluted earnings per share increased 58.1% to $2.34.
  • Non-GAAP diluted earnings per share increased 54.2% to $2.59.

Balance Sheet

• Cash: $57M, compared with $129.6 million as of March 31, 2021
• Debt: $49.2M

Analyst Consensus

• Analyst Consensus estimate: Adjusted Diluted EPS: $2.27
• Q2 FY22 Adjusted Diluted EPS: $2.59

Report created 11/9/2021
With questions or concerns please contact:

Joseph Martin – Analyst
Email: jmartin@martinwolf.com
Phone: 925.215.2739