USSTOCK.TODAY
Market Closed
Log in Sign up

ePlus achieves record revenue on AI demand and raises annual guidance

The Motley Fool +1 · ·by G4L

PLUS
PLUS ePlus Inc
$94.46 +2.55%
View chart & analysis →
  1. 1ePlus recorded a nearly 10% increase in ePlus net revenue for the second quarter.
  2. 2ePlus achieved an increase in ePlus backlog of approximately $750 million compared to the previous year.
  3. 3ePlus completed the acquisition of Daymark Solutions and raised its annual guidance.

So what's the key point?

ePlus significantly increased its revenue due to artificial intelligence demand and acquired another company. It also raised its annual performance outlook.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Federal Agricultural Mortgage Corp. reports $64.2 million in Q3 earnings Associated Press +1 · 3d agoBJ's Restaurants records $359 million in Q3 revenue, marking 9 consecutive quarters of growth The Motley Fool +1 · 3d agoWestrock Coffee Company Achieves Record Quarterly Results and Completes $600 Million Refinancing Agreement The Motley Fool +1 · 3d ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news