ePlus (PLUS) Tops Q3 EPS by 17c

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ePlus Reports Third Quarter and First Nine Months Financial Results

February 3, 2022 4:05 PM EST

HERNDON, Va., Feb. 3, 2022 /PRNewswire/ --

Third Quarter Fiscal Year 2022

Net sales increased 15.7% to $494.8 million; technology segment net sales increased 14.8% to $477.0 million; service revenues increased 20.0% to $62.5 million. Adjusted gross billings increased 16.5% to $685.0 million. Gross profit increased 19.3% to $117.1 million. Gross margin was 23.7%, an increase of 70 basis points. Net earnings increased 22.1% to $26.4 million.... More