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An archive of past spotlight issues.

 

The martinwolf team tracks noteworthy mergers and acquisitions, and offers
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ePlus Q2 FY22 Earnings Results

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