ePlus Inc

Shareholders of ePlus voted at the annual meeting to increase the number of authorized common shares from 50,000,000 to 75,000,000; the amendment became effective immediately upon filing in Delaware. Nine directors were elected, an advisory vote on executive compensation was approved, and Deloitte & Touche was confirmed as auditor. ePlus reported better-than-expected Q1 results (adjusted EPS $1.28, revenue $649.1 million), cited strong demand in AI infrastructure and security, and said Managed Services reached a new recurring-revenue milestone of over $50 million. Despite higher revenue, gross margin and operating income declined year over year; the company reaffirmed its 2027 outlook and announced a new share buyback authorization. » Więcej na de.investing.com

ePlus completed the acquisition of Daymark Solutions to deepen its Microsoft Azure, Microsoft 365, Copilot and cybersecurity capabilities and strengthen its New England footprint. The deal aligns with ePlus' fastest-growing managed services segment, which rose 15.1% to $51.3 million, while cash and equivalents increased to $448.9 million. However, fiscal Q1 results showed net earnings down 5.4%, adjusted EBITDA down 9.2% and gross margin compressing to 23.3% as margins fell across all segments and supply-chain delays hit product sales. Integration of Daymark and margin recovery will determine whether the acquisition drives profitable growth or adds cost pressure. » Więcej na finance.yahoo.com

FPA Queens Road Small Cap Value Fund flagged ePlus (PLUS) as a value-added reseller positioned to benefit from accelerating corporate IT budgets, citing its consultative, low-inventory model and exposure to IT infrastructure, cloud and cybersecurity services. ePlus was added to the fund in 2025 and is viewed as growing faster with less volatility than industrial distributors. The stock traded between $69.07 and $98.14 over the past year and closed near $87.28 on August 31, 2026, with a market cap of about $2.30 billion. » Więcej na finance.yahoo.com