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ePlus(PLUS) - 2025 Q1 - Quarterly Results
PLUSePlus(PLUS)2024-08-06 20:15

EXHIBIT 99.1 ePlus Reports First Quarter Fiscal Year 2025 Financial Results First Quarter Fiscal Year 2025 • Net sales decreased 5.2% to 544.5millionfromlastyearsfirstquarter;technologybusinessnetsalesdecreased5.3544.5 million from last year's first quarter; technology business net sales decreased 5.3% to 535.5 million; services revenues increased 15.8% to 78.2million.Technologybusinessgrossbillingsdecreased1.078.2 million. • Technology business gross billings decreased 1.0% to 833.7 million. • Consolidated gross profit decreased 5.5% to $134.5 million. • Consolidated gross margin was 24.7% as compared to last year's 24.8%. • Net e ...