Raymond James Upgrades Insight Enterprises (NSIT) to Market Perform

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Go back to Raymond James Upgrades Insight Enterprises (NSIT) to Market Perform

Insight Enterprises, Inc. Reports Second Quarter 2016 Results

August 3, 2016 4:00 PM EDT

TEMPE, Ariz., Aug. 03, 2016 (GLOBE NEWSWIRE) -- Insight Enterprises, Inc. (Nasdaq: NSIT) (the Company) today reported results of operations for the quarter ended June 30, 2016.

In the second quarter of 2016, consolidated net sales were $1.46 billion, up 2% year over year.  This improvement was primarily driven by an increase in net sales reported in the Companys North America operating segment, which generated more than $1 billion of net sales during the second quarter. 

Consolidated gross profit was $209.2 million in the second quarter of 2016, up 9% year over year.  This increase reflects gross margin expansion in... More