NEW YORK, NY / ACCESS Newswire / April 30, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of ePlus inc. ("ePlus inc.") (NASDAQ:PLUS) concerning possible violations of federal securities laws.

On November 12, 2024, after months of reiterating guidance, ePlus published second quarter results lowering guidance. Management attributed the lowered guidance to "ratable and subscription revenue models and slower product sales." Analysts responded to the news with lowered EPS estimates and price targets.

Following this news, ePlus' stock price fell 16% to close at $79.98 per share on November 13, 2024.

On February 5, 2025, ePlus published third quarter results, once again lowering guidance. This time, ePlus management attributed the disappointing news to "lower product sales and a higher proportion of netted down product revenues." Analysts quickly reacted to the news, lowering EPS estimates and price targets for ePlus.

Following this news, ePlus' stock price fell over 13% to close at $70.29 per share on February 6, 2025. To obtain additional information, go to:

https://zlk.com/pslra-1/eplus-inc-lawsuit-submission-form?prid=146117&wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

View the original press release on ACCESS Newswire