ePlus Files 8-K on Financial Results, Exhibits
Ticker: PLUS · Form: 8-K · Filed: Feb 12, 2024 · CIK: 1022408
| Field | Detail |
|---|---|
| Company | Eplus Inc (PLUS) |
| Form Type | 8-K |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-results, 8-K, disclosure
TL;DR
**ePlus just dropped an 8-K about their financial results, so expect new numbers to hit the market.**
AI Summary
ePlus inc. filed an 8-K on February 12, 2024, reporting on an event that occurred on February 6, 2024. This filing indicates that the company is providing an update on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits.' While specific dollar amounts or detailed results are not included in this summary filing, it signals that ePlus is making its latest financial performance information available to the public. This matters to investors because it means new financial data is being released, which could influence the stock price (PLUS) as the market reacts to the company's recent performance.
Why It Matters
This filing signals that ePlus inc. is releasing new financial information, which is crucial for investors to assess the company's health and future prospects. The market will react to these results, potentially impacting the stock's value.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, which is standard for public companies and does not inherently present a high risk.
Analyst Insight
A smart investor would look for the full financial statements and results that this 8-K foreshadows to understand ePlus inc.'s performance before making any investment decisions.
Key Numbers
- 001-34167 — Commission File Number (Identifies ePlus inc.'s registration with the SEC.)
- 54-1817218 — IRS Employer Identification No. (Unique tax identification for ePlus inc.)
- 703-984-8400 — Registrant's telephone number (Direct contact for ePlus inc.)
Key Players & Entities
- ePlus inc. (company) — the registrant filing the 8-K
- February 6, 2024 (date) — date of the earliest event reported
- February 12, 2024 (date) — date the 8-K was filed
- NASDAQ Global Market Select (company) — exchange where ePlus Common Stock is registered
- 001-34167 (dollar_amount) — Commission File Number for ePlus inc.
Forward-Looking Statements
- ePlus inc. will release detailed financial results shortly after this 8-K. (ePlus inc.) — high confidence, target: 2024-02-29
- The stock price of PLUS will react to the newly released financial data. (PLUS) — medium confidence, target: 2024-02-16
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 6, 2024.
What specific items are being reported by ePlus inc. in this 8-K?
ePlus inc. is reporting on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the Item Information section of the filing.
On which stock exchange is ePlus inc.'s Common Stock registered?
ePlus inc.'s Common Stock, with a $.01 par value, is registered on the Nasdaq Global Market Select under the trading symbol PLUS.
What is the business address of ePlus inc. as stated in the filing?
The business address of ePlus inc. is 13595 Dulles Technology Drive, Herndon, Virginia 20171-3413.
Is ePlus inc. considered an emerging growth company according to this filing?
No, the filing indicates with an unchecked box that ePlus inc. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 887 words · 4 min read · ~3 pages · Grade level 12 · Accepted 2024-02-12 17:23:39
Filing Documents
- 8k.htm (8-K) — 35KB
- ex99-1.htm (EX-99.1) — 355KB
- transcript.htm (EX-99.2) — 52KB
- 0001022408-24-000010.txt ( ) — 575KB
- plus-20240206.xsd (EX-101.SCH) — 4KB
- plus-20240206_lab.xml (EX-101.LAB) — 22KB
- plus-20240206_pre.xml (EX-101.PRE) — 16KB
- 8k_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 6, 2024, ePlus inc. announced by press release (the "Press Release") its results of operations for its three and nine months ended December 31, 2023, and held a conference call announcing its financial results for its third fiscal quarter, ended December 31, 2023. A copy of the Press Release and a full transcript of the conference call (the "Transcript") are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference. The Transcript contains certain non-GAAP financial measures. A reconciliation of GAAP results and non-GAAP financial measures is available in the Press Release that is attached hereto as Exhibit 99.1. The information in this Item 2.02 is being furnished, not filed, pursuant to Item 2.02 of Form 8-K. Accordingly, in accordance with General Instruction B.2 of Form 8-K, the information in Item 2.02 of this Current Report on Form 8-K, Exhibit 99.1 and Exhibit 99.2 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall otherwise be expressly set forth by specific reference in such filing. This Form 8-K, the Press Release and the Transcript furnished herewith may contain "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial outlook for the fourth quarter and full year ending March 31, 2024. These forward-looking statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements that are not historical facts and
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) The following exhibits are filed as part of this report: Exhibit No. Description 99.1 Press release dated February 6, 2024, issued by ePlus inc. 99.2 Transcript of the third quarter ended December 31, 2023, earnings call held on February 6, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ePlus inc. By: /s/ Elaine D. Marion Elaine D. Marion Chief Financial Officer Date: February 12, 2023