ePlus CEO: AI, IT Modernization Fuel Data Center, Security Demand

ePlus (PLUS) shares rose 4.4% after reporting Q2 2027 results with product sales up 12.8% to $547.1M. The company raised its full-year guidance, citing strong demand in cloud, security, and collaboration. Cash reserves stand at $381M. The stock later cooled to $95.52, up 3.7%.

ePlus inc. (PLUS) reported Q2 2027 earnings, highlighting a strong backlog and pipeline with open orders up $750M YoY. The company has a healthy cash position of $381M and acquired Daymark Solutions to expand its market presence. ePlus is focusing on AI, cloud, data centers, security, and networking, raising fiscal 2027 guidance for upper single-digit growth in net sales and gross profit, with adjusted EBITDA expected to grow in the low double digits.

ePlus Inc. (PLUS) reported record $1B in gross billings for Q2 2027, with open orders rising $300M sequentially and $750M year-over-year. CEO Mark Maron cited AI adoption, data center demand, and cybersecurity as growth drivers. The company raised fiscal 2027 guidance to upper single-digit growth in net sales and gross profit, with adjusted EBITDA expected to grow in the low double-digits. Inventory increased to $271.4M due to large customer projects.

ePlus (PLUS) reported Q3 CY2026 revenue of $667.9M, up 9.7% YoY and 5% above estimates. Adjusted EPS of $1.82 beat expectations by 23.8%. The company cited AI adoption and cybersecurity demand as growth drivers. Analysts expect 4.2% revenue growth over the next 12 months. Shares rose 1.8% post-earnings.

EPLUS INC (PLUS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 ePlus Reports Second Quarter and First Half Financial Results Fiscal Year 2027 ~ Strong Second Quarter Performance Across Key Metrics ~ ~ Record Quarterly Gross Billings Exceeded $1 Billion ~ ~ Increasing Fiscal 2027 Guidance ~ Second Quarter Fiscal Year 2027 • Net s

ePlus inc. (PLUS) reported Q2 FY2027 results with net sales up 9.7% to $667.9M, gross billings up 4.3% to $1.07B, and net earnings up 5.8% to $40.4M. Gross margin was 27.0%. The company raised its FY2027 guidance and acquired Daymark Solutions. CEO Mark Marron highlighted strong performance in AI and cybersecurity.