ePlus (PLUS) Reports Q4 EPS of $0.79
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ePlus Reports Fourth Quarter and Fiscal 2017 Financial Results
May 24, 2017 4:05 PM EDTFourth Quarter Ended March 31, 2017
Net sales increased 11.1% to $332.8 million; technology segment net sales increased 10.4% to $322.5 million.Adjusted gross billings of product and services increased 14.9% to $458.5 million.Consolidated gross profit increased 14.1% to $76.4 million; consolidated gross margin expanded 60 basis points to 23.0%.Diluted earnings per share increased 10.3% to $0.75. Non-GAAP diluted earnings per share increased 8.2% to $0.79.Fiscal Year Ended March 31, 2017
Net sales increased 10.4% to $1.33 billion; technology segment net sales increased 10.8% to $1.29 billion.Adjusted gross billings of product and services increased 14.1% to $1.78... More