ePlus Reports Fourth Quarter and Fiscal Year 2024 Financial Results and Announces New Share Repurchase Program
ePlus(PLUS) prnewswire.com·2024-05-23 04:05
- Return to Double Digit Net Sales Growth in 4Q Marked a Strong Close to The Year - HERNDON, Va., May 22, 2024 /PRNewswire/ --Fourth Quarter Fiscal Year 2024Net sales increased 12.7% to $554.5 million from last year's fourth quarter; technology business net sales increased 12.6% to $544.1 million; services revenues increased 14.8% to $78.9 million.Technology business gross billings increased 13.8% to $834.3 million.Consolidated gross profit decreased 1.5% to $130.3 million.Consolidated gross margin was 23.5 ...