Insight Enterprises (NSIT) Tops Q1 EPS by 22c
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Insight Enterprises, Inc. Reports First Quarter 2020 Results
May 7, 2020 8:00 AM EDTTEMPE, Ariz.--(BUSINESS WIRE)-- Insight Enterprises, Inc. (Nasdaq: NSIT) (the Company) today reported financial results for the quarter ended March 31, 2020. Highlights include:
Cash flow from operations of $93.1 million, decreased $28.8 million year over year Net sales increased 27% year over year to $2.14 billion Gross profit increased 31% year over year to $325.3 million Earnings from operations decreased 7% to $52.9 million Adjusted earnings from operations increased 9% to $66.6 million Diluted earnings per share of $0.95 decreased 13% year to year Adjusted diluted earnings per share of $1.30 increased 11% year... More