ePlus (NASDAQ: PLUS) reported Q2 EPS of $1.53, $0.30 better than the analyst estimate of $1.23. Revenue for the quarter came in at $608.8 million versus the consensus estimate of $532.55 million.

Fiscal Year Guidance

Reflecting the strong financial performance to date and momentum we expect to continue, the Company is increasing its fiscal year 2026 net sales, gross profit and Adjusted EBITDA guidance. Net sales are now expected to grow at a rate in the mid-teens from fiscal year 2025\'s $2.01 billion from continuing operations. Gross profit is also expected to grow at a rate in the mid-teens from fiscal year 2025\'s $515.5 million from continuing operations. Adjusted EBITDA is expected to increase from fiscal year 2025\'s $141 million at approximately twice the rate of net sales growth for fiscal year 2026, as continuing operations results are expected to benefit from operating leverage.

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-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 2026 forecast.

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