AP NEWS
Click to copy
Click to copy

EPlus: Fiscal 1Q Earnings Snapshot

August 7, 2019

HERNDON, Va. (AP) _ EPlus Inc. (PLUS) on Wednesday reported fiscal first-quarter earnings of $16.2 million.

On a per-share basis, the Herndon, Virginia-based company said it had profit of $1.20. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.44 per share.

The computer products reseller posted revenue of $381.4 million in the period.

EPlus shares have risen slightly more than 1% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $72.08, a decrease of 31% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLUS at https://www.zacks.com/ap/PLUS

All contents © copyright 2019 The Associated Press. All rights reserved.