India, May 22 -- ePlus inc. (PLUS) announced a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $25.20 million, or $0.95 per share. This compares with $21.96 million, or $0.82 per share, last year.
Excluding items, ePlus inc. reported adjusted earnings of $29.57 million or $1.11 per share for the period.
Analysts on average had expected the company to earn $0.87 per share. Analysts' estimates typically exclude special items.
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The company's revenue for the period fell 10.2% to $498.114 million from $554.461 million last year.
ePlus inc. earnings at a glance (GAAP) :
-Earnings: ...