ePlus (PLUS) Misses Q2 EPS by 3c; offers outlook

ePlus (NASDAQ: PLUS) reported Q2 EPS of $1.36, $0.03 worse than the analyst estimate of $1.39. Revenue for the quarter came in at $515.2 million versus the consensus estimate of $576.53 million.

OUTLOOK

Fiscal Year Guidance

Fiscal year 2025 net sales are now expected to be similar to fiscal year 2024. The adjusted EBITDA range is now expected to be $195 million to $205 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, 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.

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