Overview

* ePlus fiscal Q2 net sales grow 23.4%, beating analyst expectations

* Adjusted EBITDA for fiscal Q2 beats analyst expectations, indicating operational efficiency

Outlook

* ePlus raises fiscal 2026 net sales growth guidance to mid-teens rate

* Company expects fiscal 2026 Adjusted EBITDA to grow at twice net sales rate

Result Drivers

* PRODUCT SALES - Increased sales in cloud, networking, and security products drove revenue growth

* ACQUISITIONS - Acquisitions like Bailiwick Services, LLC and Realwave, Inc. boosted service revenue and AI capabilities

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Net Beat $608.8 $518.30

sales mln mln (2

Analysts

)

Q2 Beat $58.7 $38.30

Adjusted mln mln (2

EBITDA Analysts

)

Q2 Gross 26.6%

Margin

Q2 Gross $162.10

Profit mln

Analyst Coverage

* The one available analyst rating on the shares is "strong buy"

* The average consensus recommendation for the it services & consulting peer group is "buy."

* Wall Street's median 12-month price target for ePlus inc ( PLUS ) is $92.00, about 19.5% above its November 5 closing price of $74.07

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)