ePlus Q2 net sales rise 23.4%, beat estimates

ePlus

06/11/2025 21:22

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/Miss
Actual
Consensus Estimate
Q2 Net sales
Beat
$608.8 mln
$518.30 mln (2 Analysts)
Q2 Adjusted EBITDA
Beat
$58.7 mln
$38.30 mln (2 Analysts)
Q2 Gross Margin
26.6%
Q2 Gross Profit
$162.10 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 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: ID:nPn6sfxSza

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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.)