ePlus reaffirms FY2027 guidance; Q1 sales rise; dividend and buyback
Aug 4, 2026, 4:14 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Guidance reaffirmation, a hefty cash balance, and a formal buyback/dividend plan improve fundamentals and support valuation; positive near-term price reaction is typical when earnings reinforce outlook and capital returns.
AI summary
What happened, with direct paths to the underlying reporting
ePlus reported Q1 FY2027 results with net sales of $649.1 million (up 1%), and services revenue of $119.4 million (up 2.6%). Gross margin declined to 23.3% from 23.9%, and EBITDA fell 9.2% to $47.8 million. The company reaffirmed its mid-single-digit fiscal 2027 guidance and announced a quarterly dividend of $0.27 and a new buyback of up to 1.5 million shares, supported by a cash cushion of roughly $449 million.
Net sales $649.1m, up 1.0%; services $119.4m, up 2.6%.
Guidance reaffirmed: fiscal 2027 mid-single-digit growth in net sales, gross profit, EBITDA.
Cash $448.9m; dividend $0.27; buyback up to 1.5m shares.
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