ePlus reported first quarter fiscal 2027 net sales of $649.1 million, a 1.0% increase from the prior year, and reiterated its full-year guidance for mid-single-digit growth in net sales, gross profit, and adjusted EBITDA. Net earnings from continuing operations fell 5.4% to $30.3 million, while adjusted EBITDA decreased 9.2% to $47.8 million. The managed services segment delivered its first $50 million revenue quarter, growing 15.1% to $51.3 million, and the company ended the quarter with $448.9 million in cash. ePlus also declared a quarterly dividend of $0.27 per share and authorized a new stock repurchase program for up to 1.5 million shares.
ePlus incMixed results: sales up 1%, but earnings and adjusted EBITDA fell; guidance reiterated, dividend and buyback announced.