AI And Infrastructure DemandNetworking showed sequential improvement for the second quarter in a row, rebounding from prior supply chain related headwinds, increasing 43.4% year-over-year, driven by AI-related infrastructure demand as server sales grew 49% year-over-year.
Earnings PerformanceEPlus reported fiscal second-quarter results that beat estimates on the top line, gross profit, and EPS driven by broad based demand and strong execution.
Revenue GrowthRevenue increased 23.4% year-over-year, adjusted EPS increased 61.7% year-over-year, and gross billings hit an all-time high of $1.023 billion, supported by continued strength in AI, security, networking.