Insight Enterprises (NSIT) Tops Q1 EPS by 1c

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Insight Enterprises, Inc. Reports First Quarter 2016 Results

April 28, 2016 4:00 PM EDT

TEMPE, Ariz., April 28, 2016 (GLOBE NEWSWIRE) -- Insight Enterprises, Inc. (Nasdaq: NSIT) (the Company) today reported results of operations for the quarter ended March 31, 2016.

In the first quarter of 2016, consolidated net sales were $1.17 billion, down 4% year over year, as an increase in net sales in the Companys North America segment was offset by lower sales reported in EMEA and APAC.  Gross profit of $161.1 million in the first quarter of 2016 was flat year to year in U.S. dollars despite the top-line decline due to improved gross margin performance in EMEA and APAC. ... More