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ePlus Fiscal Q4 Non-GAAP Earnings Decline, Revenue Increases; Share Repurchase Plan Approved
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ePlus Fiscal Q4 Non-GAAP Earnings Decline, Revenue Increases; Share Repurchase Plan Approved
May 22, 2024 1:55 PM

04:36 PM EDT, 05/22/2024 (MT Newswires) -- ePlus (PLUS) reported fiscal Q4 non-GAAP earnings Wednesday of $0.93 per diluted share, down from $1.36 a year earlier.

Three analysts polled by Capital IQ expected $1.11.

Net sales for the quarter ended March 31 were $554.5 million, up from $492.2 million a year earlier.

Three analysts surveyed by Capital IQ expected $541.4 million.

ePlus said its board approved the repurchase of up to 1.3 million shares over 12 months starting May 28. The current buyback plan will expire on May 27.

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