UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 13595 Dulles Technology Drive, Herndon, VA 20171-3413 (Address, including zip code, of principal executive offices) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES E ...

ePlus Inc. (NASDAQ:PLUS) Q1 2024 Earnings Conference Call August 7, 2023 4:30 PM ET Company Participants Kley Parkhurst - Senior Vice President Mark Marron - Chief Executive Officer & President Elaine Marion - Chief Financial Officer Conference Call Participants Jesse Wilson - William Blair Greg Burns - Sidoti Matthew Sheerin - Stifel Operator Good day, everyone, and welcome to the ePlus Earnings Release Conference Call. At this time, all participants are in a listen-only mode and later we will take your qu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from____ to ____. Commission file number: 1-34167 ePlus inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizati ...

ePlus inc. (NASDAQ:PLUS) Q4 2023 Results Conference Call May 24, 2023 4:30 PM ET Company Participants Kley Parkhurst - Senior Vice President Mark Marron - Chief Executive Officer & President Elaine Marion - Chief Financial Officer Erica Stoecker - General Counsel Conference Call Participants Jesse Wilson - William Blair Greg Burns - Sidoti Matt Sheerin - Stifel Operator Good day, ladies and gentlemen, and welcome to the ePlus Earnings Results Conference Call. As a reminder, this conference is being recorded ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___to___. Commission file number: 1-34167 ePlus inc. (Exact name of registrant as specified in its charter) Delaware 54-1817218 (State or other jurisdiction of incorporation or ...

ePlus inc. (NASDAQ:PLUS) Q3 2023 Earnings Conference Call February 7, 2023 4:30 PM ET Company Participants Kley Parkhurst - Senior Vice President Mark Marron - Chief Executive Officer & President Darren Raiguel - Chief Operating Officer & President, ePlus Technology Elaine Marion - Chief Financial Officer Conference Call Participants Maggie Nolan - William Blair Matt Sheerin - Stifel Greg Burns - Sidoti & Company Operator Good day, ladies and gentlemen. Welcome to the ePlus Earnings Results Conference Call. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from____ to ____. (Address, including zip code, of principal executive offices) Registrant's telephone number, including area code: (703) 984-8400 Securities registered pur ...

ePlus inc. (NASDAQ:PLUS) Q2 2023 Results Conference Call November 3, 2023 4:30 PM ET Company Participants Kley Parkhurst - SVP Mark Marron - CEO and President Elaine Marion - CFO Erica Stoecker - General Counsel Conference Call Participants Matt Sheerin - Stifel Jesse Wilson - William Blair Operator Good day, ladies and gentlemen. Welcome to the ePlus Earnings Results Conference Call. As a reminder, this conference call is being recorded. I would like to introduce your host for today's conference, Mr. Kley ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from____ to ____. Commission file number: 1-34167 ePlus inc. (Exact name of registrant as specified in its charter) Delaware 54-1817218 (State or other jurisdiction of inc ...

Financial Data and Key Metrics Changes - First quarter consolidated net sales increased by 10% year-over-year to $458.4 million, driven by a 12.1% growth in the technology segment [23][7] - Adjusted gross billings rose by 10.9% to nearly $702 million, with a 14.4% increase over the past 12 months [8][24] - Net earnings declined by 5% year-over-year to $22.3 million, primarily due to lower results in the financing segment and higher SG&A expenses [30][18] - Consolidated gross profit increased by 7.6% to $113.5 million, but gross margin decreased by 50 basis points to 24.8% [27][28] Business Line Data and Key Metrics Changes - Technology segment net sales grew by 12.1% to $448.8 million, with product revenues increasing by 11.9% and services revenue rising by 13.5% [23][10] - Financing segment revenue decreased to $9.6 million from $16.3 million in the previous year, reflecting variability in large transactions [16][26] - Security business accounted for 22.1% of adjusted gross billings, up from 19.4% in the same period last year [9] Market Data and Key Metrics Changes - Telecom, media and entertainment, and healthcare were the largest markets, accounting for 29% and 16% of segment net sales, respectively [25] - The company reported a 59.2% increase in inventory due to supply chain issues, contributing to a cash conversion cycle increase to 46 days [32][33] Company Strategy and Development Direction - The company is focused on expanding its capabilities in the enterprise security market through the acquisition of Future Com, enhancing its security solutions [18][19] - Continued investment in personnel, particularly in customer-facing roles, is aimed at strengthening competitive positioning and long-term growth opportunities [15][14] - The company is adapting to IT challenges by offering comprehensive capabilities and solutions aligned with customer technology roadmaps [12] Management's Comments on Operating Environment and Future Outlook - Management expressed a positive view of the IT market, citing continued customer investments in essential areas for growth and efficiency [20][35] - Despite challenges from global supply chain issues, the company is confident in its ability to navigate the environment and maintain market share gains [21][35] Other Important Information - The company’s balance sheet remains solid with cash and cash equivalents of $83.5 million, down from $155.4 million at the end of fiscal 2022 [32] - The effective tax rate was 28%, similar to the previous year [31] Q&A Session Summary Question: Impact of change in reserve for credit losses and updated thoughts on credit risk - The change in reserve was about $1 million, with no change in the customer base or credit methodology [40][42] Question: Discussion on services gross margin trends - Management indicated that current lower margins are influenced by supply chain trends and increased compensation, but expects margins to trend back up [43][44] Question: Enhancements from Future Com acquisition - Future Com brings cloud security offerings and network monitoring capabilities, enhancing the company's security portfolio and regional presence [45][50] Question: Confidence in continued headcount growth amid tech industry pullbacks - The company believes it can capture market share, with a focus on adding resources in services, particularly in security and cloud areas [51][53]