ePlus Reports First Quarter Fiscal Year 2027 Financial Results
Rhea-AI Summary
ePlus (NASDAQ: PLUS) reported first quarter fiscal 2027 net sales of $649.1 million, up 1.0% year over year, with services revenue rising 2.6% to $119.4 million and gross billings up 0.5% to $957.1 million.
Gross profit declined 1.5% to $151.3 million, and gross margin narrowed to 23.3% from 23.9%. Net earnings from continuing operations fell 5.4% to $30.3 million, or $1.16 per diluted share, while adjusted EBITDA decreased 9.2% to $47.8 million. Managed services revenue grew 15.1% to $51.3 million, delivering its first quarter above $50 million. Cash and cash equivalents increased to $448.9 million, and total stockholders’ equity reached $1.07 billion. ePlus reaffirmed its fiscal 2027 guidance for mid-single-digit growth in net sales, gross profit, and adjusted EBITDA, declared a quarterly dividend of $0.27 per share, and authorized a new 1.5 million-share repurchase program starting August 11, 2026.
Positive
- Net sales +1.0% YoY to $649.1 million in Q1 FY27
- Managed services revenue +15.1% YoY to $51.3 million
- Services gross billings +7.9% YoY to $116.2 million
- Cash and cash equivalents up to $448.9 million from $410.8 million
- Other income rose to $3.1 million from $0.6 million
- New share repurchase authorization up to 1,500,000 shares over 12 months
- Quarterly dividend of $0.27 per common share declared
- Fiscal 2027 guidance for mid-single-digit growth reaffirmed
Negative
- Gross profit -1.5% YoY to $151.3 million
- Gross margin declined to 23.3% from 23.9%
- Net earnings from continuing operations -5.4% YoY to $30.3 million
- Adjusted EBITDA -9.2% YoY to $47.8 million
- Professional services revenue -5.1% YoY to $68.1 million
- Managed services gross margin fell to 29.4% from 30.4%
- Product segment gross margin decreased to 21.0% from 21.3%
News Explained
At June 30, ePlus reported 26.1 million shares outstanding; the new repurchase authorization was not yet a completed purchase.
ePlus has reported its first-quarter fiscal 2027 results for the three months ended
The release reports 26.1 million shares outstanding at
The new program permits repurchases of up to 1,500,000 shares beginning
The company also declared a
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 28 | Q4 FY26 earnings | Positive | -7.4% | Strong quarterly and annual growth accompanied by newly initiated fiscal 2027 guidance |
| Feb 04 | Q3 FY26 earnings | Positive | -1.7% | Quarterly growth and raised fiscal 2026 guidance preceded a negative reaction |
| Nov 06 | Q2 FY26 earnings | Positive | +15.7% | Double-digit quarterly growth and raised full-year guidance preceded a positive reaction |
| Aug 07 | Q1 FY26 earnings | Positive | +9.4% | Strong quarterly growth, dividend initiation and raised fiscal guidance preceded gains |
| May 22 | Q4 FY25 earnings | Positive | +1.9% | Mixed quarterly results included earnings growth, stronger services and improved gross margin |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Tag-matched earnings events produced mixed 24-hour reactions, with three positive moves and two negative moves.
Key Terms
adjusted ebitda financial
non-gaap financial
gross billings financial
stock repurchase program financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Managed Services Delivers Strong Performance and Increases Recurring Revenue
~ Reiterates Fiscal 2027 Guidance ~
First Quarter of Fiscal Year 2027
- Net sales increased
1.0% to$649.1 million 2.6% to$119.4 million - Gross billings increased
0.5% to$957.1 million - Gross profit decreased
1.5% to$151.3 million - Gross profit margin was
23.3% , compared to23.9% for last fiscal year's first quarter. - Net earnings from continuing operations decreased
5.4% to$30.3 million - Adjusted EBITDA decreased
9.2% to$47.8 million - Net earnings from continuing operations per common share-diluted decreased
4.1% to$1.16 9.2% to$1.28
Management Comment
"The first quarter reflected strong execution against a challenging year over year comparison. We had record sales and saw a significant increase in booked and open orders which we believe positions us for a strong second half. During the quarter, we saw product shipment delays and lead times extended by the ongoing memory chip shortage." commented Mark Marron, President and CEO of ePlus. "We continued to see strong growth in security, managed services, and within our mid-market customer base overall. Managed services delivered its first
"We ended the quarter with
First Quarter Fiscal Year 2027 Results
For the first quarter ended June 30, 2026, as compared to the first quarter ended June 30, 2025:
Net sales increased
Product segment sales increased
Professional services segment revenues decreased
Managed services segment revenue increased
Gross profit decreased
Operating expenses were
Operating income decreased
The effective tax rate for the current quarter was
Net earnings from continuing operations decreased
Net earnings were
Balance Sheet Highlights
As of June 30, 2026, cash and cash equivalents were
Fiscal Year Guidance
ePlus is reiterating its fiscal year 2027 guidance of year over year growth in the mid-single digits for net sales, gross profit and adjusted EBITDA.
This guidance does not factor in recessionary conditions, or other unexpected developments. ePlus cannot predict with reasonable certainty and without unreasonable effort, the ultimate outcome of unusual gains and losses, the occurrence of matters creating GAAP tax impacts, fluctuations in interest expense or interest income and share-based compensation, and acquisition- or disposition-related expenses. These items are uncertain, depend on various factors, and could be material to ePlus' results computed in accordance with GAAP. Accordingly, ePlus is unable to provide a reconciliation of GAAP net earnings to adjusted EBITDA for the full fiscal year 2027 forecast.
Summary and Outlook
"Our customers operate in areas with strong expansion potential, and our growth is underscored by our close customer relationships as they look to us for help to expand their businesses, optimize internal efficiencies, and operate their IT securely. As technology investment continues to accelerate, we are well-positioned to capitalize on the significant long-term growth opportunities across artificial intelligence, data centers, cybersecurity and other mission-critical markets. Supported by our strong balance sheet and disciplined approach to capital allocation, we will continue investing in our capabilities, for both products and services, while executing on our strategy to deliver long-term sustainable growth and shareholder value. Reflecting our confidence in the business and the visibility into our open orders we have today, we are reaffirming our fiscal 2027 guidance," concluded Mr. Marron.
ePlus Announces Quarterly Dividend
ePlus announced today that its Board of Directors has declared a quarterly cash dividend of
ePlus Announces New Stock Repurchase Program
ePlus today announced that its Board of Directors has authorized ePlus to repurchase up to 1,500,000 shares of ePlus' outstanding common stock over a 12-month period commencing August 11, 2026. ePlus' current repurchase plan expires on August 10, 2026.
The purchases under the new stock repurchase program may be made from time to time in the open market, or in privately negotiated transactions, subject to availability. Any repurchased shares will have the status of treasury shares and may be used, if and when needed, for general corporate purposes. ePlus has no obligation to repurchase shares under the authorization, and the timing, actual number and value of the shares which are repurchased will be at the discretion of management and will depend on a number of factors, including the price of ePlus' common stock. ePlus may suspend or discontinue repurchases at any time.
Recent Corporate Developments/Recognitions
In the first quarter of its 2027 fiscal year, ePlus:
- Unveiled its Enterprise Grade Agentic AI Platform for Autonomous IT and Security Operations at Cisco Live
- Named Digital Realty Americas Partner of the Year in Recognition of AI Expertise
- Receives Dell Technologies North America Strategic Impact Partner of the Year Award
- Honored with North America Networking Partner of the Year Award from HPE
- Successfully Earns Place on CRN Solution Provider 500 List for 15 Consecutive Years
- Expands Managed Services Portfolio with Enhanced Maintenance Support for HPE ProLiant Servers
- Recognized as Services Partner of the Year at Everpure Annual Accelerate Partner Forum
- Surpassed Industry Benchmarks with Outstanding Net Promoter Score in Independent Survey
- Appointed John Lutz to Board of Directors
- Recognized on the Prestigious 2026 MES Midmarket 100 List
Conference Call Information
ePlus will hold a conference call and webcast at 4:30 p.m. ET on August 4, 2026:
Date: | August 4, 2026 |
Time: | 4:30 p.m. ET |
Audio Webcast (Live & Replay): | |
Live Call: | (888) 596-4144 (toll-free/domestic) |
(646) 968-2525 (international) | |
Archived Call: | (800) 770-2030 (toll-free/domestic) |
(609) 800-9909 (international) | |
Conference ID: | 8293082# (live call and replay) |
A replay of the call will be available approximately two hours after the call through August 11, 2026.
About ePlus inc.
ePlus is a customer-first, services-led, and results-driven industry leader offering transformative technology solutions and services to provide the best customer outcomes. Offering a full portfolio of solutions, including artificial intelligence, security, cloud and data center, networking and collaboration, as well as managed, consultative and professional services, ePlus works closely with organizations across many industries to successfully navigate business challenges. With a long list of industry-leading partners and more than 2,170 employees, our expertise has been honed over more than three decades, giving us specialized yet broad levels of experience and knowledge. ePlus is headquartered in Virginia, with locations in the United States, United Kingdom, Europe, and Asia‐Pacific. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com. Connect with ePlus on LinkedIn, Facebook, and Instagram.
ePlus, Where Technology Means More®.
ePlus® and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries.
Forward-looking statements
Statements in this press release that are not historical facts may be deemed to be "forward-looking statements," including, among other things, statements regarding the future financial performance of ePlus. Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, financial losses resulting from national and international political instability fostering uncertainty and volatility in the global economy including changes in interest rates, tariffs, inflation, export requirements applicable to products we sell, sanctions and exposure to foreign currency rate changes; supply chain issues, including a shortage of information technology ("IT") component parts and products, and our vendors' rapid and unpredictable price fluctuations relating thereto, or a customer's or vendor's cancellation of orders such as for, but not limited to, memory chips, which may increase our and the customer's costs, decrease gross profit, cause a delay in fulfilling or inability to fulfill customer orders, increase our need for working capital, delay the completion of professional services, or require the purchase of IT products or services needed to support our internal infrastructure or operations, resulting in an adverse impact on our financial results; significant adverse changes in our relationship with one or more of our larger customer accounts or vendors, including decreased account profitability, reductions in contracted services, or a loss of such relationships; risks relating to artificial intelligence ("AI"), including the use or capabilities of AI and emerging laws, rules and regulations related to AI; our ability to manage a diverse product set of solutions, including AI products and services, in highly competitive markets with a number of key vendors; changes in the IT industry and/or rapid changes in product offerings, including the proliferation of the cloud, infrastructure as a service ("IaaS"), software as a service ("SaaS"), platform as a service ("PaaS"), and AI which may affect our financial results; our ability to remain secure during a cybersecurity attack or other IT outage, including disruptions in our, our vendors or a third party's IT systems and data and audio communication networks; a material decrease in the credit quality of our customer base, or a material increase in our credit losses; increases to our costs including wages and our ability to increase our prices to our customers as a result, or negative financial impacts due to the pricing arrangements we have with our customers; reliance on third parties to perform some of our service obligations to our customers, and the reliance on a small number of key vendors in our supply chain with whom we do not have long-term supply agreements, guaranteed price agreements, or assurance of stock availability; the possibility of a reduction of vendor consideration provided to us; our inability to identify merger and acquisition candidates, perform sufficient due diligence prior to completing mergers and acquisitions, successfully complete merger and acquisition transactions (including on favorable terms), successfully integrate a completed merger and/or acquisition, identify an opportunity for, or successfully complete a business disposition, or achieve the operational and financial results we anticipate after a disposition; our ability to secure our own and our customers' electronic and other confidential information, while maintaining compliance with evolving data privacy and cybersecurity laws and regulations and appropriately providing required notice and disclosure of cybersecurity incidents when and if necessary; our dependence on key personnel to maintain certain customer relationships, and our ability to hire, train, and retain sufficient qualified personnel by recruiting and retaining highly skilled, competent personnel with needed vendor certifications; inadequate design or maintenance of our IT platforms for internal use or solutions we offer to our customers or our inability to effectively and timely capitalize on the opportunities made available by the adoption of AI and not having adequate or competent IT personnel to support our business; cybersecurity attacks that may occur while employees work remotely and our ability to adequately train our personnel to prevent a cyber event; our ability to raise capital, maintain or increase, as needed, our lines of credit with vendors or our floor plan facility, or the effect of those matters on our common stock price; our ability to predictably meet expectations of the investor and analyst community, including relative to our financial performance guidance that we provide, including based on our continuation of dividends and share repurchases; our ability to create and implement comprehensive plans for the integration of sales forces, cost containment, asset rationalization, systems integration, and other key strategies following mergers and acquisitions; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission.
The declaration and payment of future dividends are subject to the sole discretion of our Board of Directors.
All information set forth in this press release is current as of the date of this release and ePlus undertakes no duty or obligation to update this information either as a result of new information, future events or otherwise, except as required by applicable U.S. securities law.
ePlus inc. AND SUBSIDIARIES | |||||
UNAUDITED CONSOLIDATED BALANCE SHEETS | |||||
(in thousands, except per share amounts) | |||||
June 30, 2026 | March 31, 2026 | ||||
ASSETS | |||||
Current assets: | |||||
Cash and cash equivalents | $ | 448,854 | $ | 410,769 | |
Accounts receivable—trade, net | 745,983 | 650,021 | |||
Accounts receivable—other, net | 37,339 | 38,896 | |||
Inventories | 145,958 | 200,888 | |||
Deferred costs | 77,425 | 77,748 | |||
Other current assets | 45,277 | 49,412 | |||
Total current assets | 1,500,836 | 1,427,734 | |||
Deferred tax asset | 8,952 | 8,955 | |||
Property, equipment and other assets—net | 97,605 | 100,039 | |||
Goodwill | 202,885 | 202,880 | |||
Other intangible assets—net | 56,779 | 61,344 | |||
TOTAL ASSETS | $ | 1,867,057 | $ | 1,800,952 | |
LIABILITIES AND STOCKHOLDERS' EQUITY | |||||
LIABILITIES | |||||
Current liabilities: | |||||
Accounts payable | $ | 317,076 | $ | 264,605 | |
Accounts payable—floor plan | 112,549 | 119,693 | |||
Salaries and commissions payable | 53,961 | 48,590 | |||
Contract liabilities | 161,041 | 157,074 | |||
Other current liabilities | 59,664 | 48,181 | |||
Total current liabilities | 704,291 | 638,143 | |||
Contract liabilities—long-term | 80,751 | 83,010 | |||
Other liabilities | 9,980 | 10,829 | |||
TOTAL LIABILITIES | 795,022 | 731,982 | |||
COMMITMENTS AND CONTINGENCIES | |||||
STOCKHOLDERS' EQUITY | |||||
Preferred stock, | - | - | |||
Common stock, | 279 | 278 | |||
Additional paid-in capital | 215,228 | 210,274 | |||
Treasury stock, at cost, 1,771 shares at June 30, 2026, and 1,466 shares at | (127,126) | (101,944) | |||
Retained earnings | 979,212 | 956,000 | |||
Accumulated other comprehensive income—foreign currency translation | 4,442 | 4,362 | |||
Total Stockholders' Equity | 1,072,035 | 1,068,970 | |||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ | 1,867,057 | $ | 1,800,952 |
ePlus inc. AND SUBSIDIARIES | ||||||||||||
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||||||
(in thousands, except per share amounts) | ||||||||||||
Three months ended | ||||||||||||
2026 | 2025 | |||||||||||
Net sales | ||||||||||||
Product | $ | 529,730 | $ | 526,466 | ||||||||
Services | 119,383 | 116,309 | ||||||||||
Total | 649,113 | 642,775 | ||||||||||
Cost of sales | ||||||||||||
Product | 418,610 | 414,477 | ||||||||||
Services | 79,174 | 74,622 | ||||||||||
Total | 497,784 | 489,099 | ||||||||||
Gross profit | 151,329 | 153,676 | ||||||||||
Selling, general, and administrative | 106,621 | 103,667 | ||||||||||
Depreciation and amortization | 5,876 | 7,069 | ||||||||||
Operating expenses | 112,497 | 110,736 | ||||||||||
Operating income | 38,832 | 42,940 | ||||||||||
Other income, net | 3,130 | 612 | ||||||||||
Earnings from continuing operations before tax | 41,962 | 43,552 | ||||||||||
Provision for income taxes | 11,683 | 11,538 | ||||||||||
Net earnings from continuing operations | 30,279 | 32,014 | ||||||||||
Earnings from discontinued operations, net of tax | - | 10,569 | ||||||||||
Net earnings | $ | 30,279 | $ | 42,583 | ||||||||
Earnings per common share—basic | ||||||||||||
Continuing operations | $ | 1.17 | $ | 1.22 | ||||||||
Discontinued operations | - | 0.40 | ||||||||||
Earnings per common share—basic | $ | 1.17 | $ | 1.62 | ||||||||
Earnings per common share—diluted | ||||||||||||
Continuing operations | $ | 1.16 | $ | 1.21 | ||||||||
Discontinued operations | - | 0.40 | ||||||||||
Earnings per common share—diluted | $ | 1.16 | $ | 1.61 | ||||||||
Weighted average common shares outstanding—basic | 25,938 | 26,270 | ||||||||||
Weighted average common shares outstanding—diluted | 26,062 | 26,381 | ||||||||||
Segment results | ||||||||||||
Three months ended | ||||||||||||
June 30, | ||||||||||||
2026 | 2025 | Change | ||||||||||
Net sales | ||||||||||||
Product segment | $ | 529,603 | $ | 526,355 | 0.6 % | |||||||
Professional services segment | 68,081 | 71,729 | (5.1 %) | |||||||||
Managed services segment | 51,302 | 44,580 | 15.1 % | |||||||||
Other | 127 | 111 | 14.4 % | |||||||||
Total | $ | 649,113 | $ | 642,775 | 1.0 % | |||||||
Gross profit | ||||||||||||
Product segment | $ | 111,067 | $ | 111,942 | (0.8 %) | |||||||
Professional services segment | 25,144 | 28,153 | (10.7 %) | |||||||||
Managed services segment | 15,065 | 13,534 | 11.3 % | |||||||||
Other | 53 | 47 | 12.8 % | |||||||||
Total | $ | 151,329 | $ | 153,676 | (1.5 %) | |||||||
Gross Billings by Type | ||||||||||||
Cloud | $ | 288,842 | $ | 312,017 | (7.4 %) | |||||||
Networking | 258,728 | 268,732 | (3.7 %) | |||||||||
Security | 219,767 | 190,045 | 15.6 % | |||||||||
Collaboration | 25,717 | 22,777 | 12.9 % | |||||||||
Other | 47,857 | 51,446 | (7.0 %) | |||||||||
Product segment | 840,911 | 845,017 | (0.5 %) | |||||||||
Services | 116,224 | 107,748 | 7.9 % | |||||||||
Total | $ | 957,135 | $ | 952,765 | 0.5 % | |||||||
Net Sales by Type | ||||||||||||
Product segment | ||||||||||||
Networking | $ | 223,721 | $ | 218,202 | 2.5 % | |||||||
Cloud | 180,748 | 206,996 | (12.7 %) | |||||||||
Security | 78,265 | 61,107 | 28.1 % | |||||||||
Collaboration | 15,492 | 11,757 | 31.8 % | |||||||||
Other | 31,377 | 28,293 | 10.9 % | |||||||||
Total products segment | 529,603 | 526,355 | 0.6 % | |||||||||
Professional services segment | 68,081 | 71,729 | (5.1 %) | |||||||||
Managed services segment | 51,302 | 44,580 | 15.1 % | |||||||||
Other | 127 | 111 | 14.4 % | |||||||||
Total net sales | $ | 649,113 | $ | 642,775 | 1.0 % | |||||||
Net Sales by Customer End Market | ||||||||||||
Telecom, media & entertainment | $ | 138,697 | $ | 184,979 | (25.0 %) | |||||||
Technology | 117,999 | 82,747 | 42.6 % | |||||||||
SLED | 79,856 | 90,562 | (11.8 %) | |||||||||
Healthcare | 79,197 | 74,291 | 6.6 % | |||||||||
Financial services | 73,386 | 47,500 | 54.5 % | |||||||||
Retail | 34,923 | 31,971 | 9.2 % | |||||||||
All others | 125,055 | 130,725 | (4.3 %) | |||||||||
Total net sales | $ | 649,113 | $ | 642,775 | 1.0 % | |||||||
Amounts presented for the three months ended June 30, 2025 reflect the correction of certain misstatements, which we determined are not material either individually or in the aggregate. See our Form 10-Q for the quarter ended June 30, 2026, including Note 2 to the Consolidated Financial Statements, for more information.
ePlus inc. AND SUBSIDIARIES
RECONCILIATION OF NON-GAAP INFORMATION
We included reconciliations below for the following non-GAAP financial measures: (i) Adjusted EBITDA, (ii) Non-GAAP: Net earnings from continuing operations and (iii) Non-GAAP Net earnings from continuing operations per common share - diluted.
We define Adjusted EBITDA as net earnings from continuing operations calculated in accordance with US GAAP, adjusted for the following: depreciation and amortization, share-based compensation, provision for income taxes, and other (income), net.
Non-GAAP: Net earnings from continuing operations and Non-GAAP Net earnings from continuing operations per common share – diluted are based on net earnings from continuing operations calculated in accordance with US GAAP, adjusted to exclude other (income), net, share-based compensation, acquisition related amortization expense, and the related tax effects.
We use the above non-GAAP financial measures as supplemental measures of our performance to gain insight into our operating performance and performance trends. We believe that these financial measures provide management and investors with a useful measure for period-to-period comparisons of our business and operating results by excluding items that management believes are not reflective of our underlying operating performance. Accordingly, we believe that such non-GAAP financial measures provide useful information to investors and others in understanding and evaluating our operating results.
Our use of non-GAAP information as analytical tools has limitations, and should not be considered in isolation or as substitutes for analysis of our financial results as reported under US GAAP. In addition, other companies, including companies in our industry, might calculate Adjusted EBITDA, Non-GAAP: Net earnings from continuing operations and Non-GAAP: Net earnings from continuing operations per common share-diluted, or similarly titled measures differently, which may reduce their usefulness as comparative measures.
The amounts in the tables below are results from our continuing operations (in thousands):
(i) Reconciliation of Adjusted EBITDA
Three months ended June 30, | |||||
2026 | 2025 | ||||
GAAP: Net earnings from continuing operations | $ | 30,279 | $ | 32,014 | |
Provision for income taxes | 11,683 | 11,538 | |||
Share-based compensation | 3,121 | 2,663 | |||
Depreciation and amortization [1] | 5,876 | 7,069 | |||
Other (income), net [2] | (3,130) | (612) | |||
Non-GAAP: Adjusted EBITDA | $ | 47,829 | $ | 52,672 | |
(ii) Reconciliation of Non-GAAP: Net earnings from continuing operations
Three months ended | |||||
2026 | 2025 | ||||
GAAP: Earnings from continuing operations before tax | $ | 41,962 | $ | 43,552 | |
Share-based compensation | 3,121 | 2,663 | |||
Acquisition related amortization expense [3] | 4,565 | 5,548 | |||
Other (income), net [2] | (3,130) | (612) | |||
Non-GAAP: Earnings from continuing operations before provision for income taxes | 46,518 | 51,151 | |||
GAAP: Provision for income taxes | 11,683 | 11,538 | |||
Share-based compensation | 885 | 712 | |||
Acquisition related amortization expense [3] | 1,295 | 1,473 | |||
Other (income), net [2] | (888) | (163) | |||
Tax benefit on restricted stock | 218 | 114 | |||
Non-GAAP: Provision for income taxes | 13,193 | 13,674 | |||
Non-GAAP: Net earnings from continuing operations | $ | 33,325 | $ | 37,477 | |
(iii) Reconciliation of Non-GAAP: Net earnings from continuing operations per common share - diluted
Three months ended | |||||
2026 | 2025 | ||||
GAAP: Net earnings from continuing operations per common | $ | 1.16 | $ | 1.21 | |
Share-based compensation | 0.09 | 0.07 | |||
Acquisition related amortization expense [3] | 0.13 | 0.15 | |||
Other (income), net [2] | (0.09) | (0.02) | |||
Tax benefit on restricted stock | (0.01) | - | |||
Total non-GAAP adjustments - net of tax | 0.12 | 0.20 | |||
Non-GAAP: Net earnings from continuing operations per | $ | 1.28 | $ | 1.41 | |
[1] Amount consists of depreciation and amortization for assets used internally. | |||||
[2] Interest income, foreign currency transaction gains and losses, and adjustments to the fair value of contingent consideration. | |||||
[3] Amount consists of amortization of intangible assets from acquired businesses. | |||||
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SOURCE EPLUS INC.