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ePlus (NASDAQ:PLUS) Announces Quarterly Earnings Results, Beats Estimates By $0.09 EPS
['Stacy Sanders']
Daily Political
The software maker reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.09, FiscalAI reports.
It repurchased approximately 251,000 shares for $20.8 million, declared a $0.27 per-share dividend, and authorized a new buyback plan for up to 1.5 million shares.
ePlus Stock Down 2.7%Shares of NASDAQ:PLUS traded down $2.60 during trading on Wednesday, hitting $94.44.
Insiders have sold a total of 6,102 shares of company stock worth $571,705 in the last three months.
Institutional Inflows and OutflowsInstitutional investors and hedge funds have recently bought and sold shares of the business.