ePlus (PLUS) Tops Q2 EPS by 46c

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ePlus Reports Second Quarter and First Half Financial Results and Announces 2-for-1 Stock Split

November 9, 2021 4:06 PM EST

HERNDON, Va., Nov. 9, 2021 /PRNewswire/ -- 

Second Quarter Fiscal Year 2022

Net sales increased 5.8% to $458.0 million; technology segment net sales increased 4.0% to $436.3 million; service revenues increased 23.1% to $60.9 million. Adjusted gross billings increased 10.5% to $664.1 million. Consolidated gross profit increased 24.3% to $123.0 million. Consolidated gross margin was 26.9%, an increase of 400 basis points. Net earnings increased 58.3% to... More