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ePlus (PLUS) Misses Q1 EPS by 4c; offers guidance

August 6, 2024 4:57 PM

ePlus (NASDAQ: PLUS) reported Q1 EPS of $1.13, $0.04 worse than the analyst estimate of $1.17. Revenue for the quarter came in at $544.5 million versus the consensus estimate of $555.23 million.

GUIDANCE

Fiscal Year Guidance

ePlus is maintaining fiscal year 2025 guidance for net sales growth over the prior fiscal year of between 3% and 6%, and an adjusted EBITDA range of $200.0 million to $215.0 million. 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-related expenses. These items are uncertain, depend on various factors, and could be material to the ePlus\' results computed in accordance with GAAP. Accordingly, the ePlus is unable to provide a reconciliation of GAAP net earnings to adjusted EBITDA for the full year 2025 forecast.

For earnings history and earnings-related data on ePlus (PLUS) click here.

Categories

Earnings