Insight Enterprises, Inc. Reports Third Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/7/2026
- Rivian Automotive (RIVN) files for 75M share offering
- Fiserv president resigns, interim leaders named for financial unit
- Rivian offers Q2 2026 revenue outlook, cash position grows
- Nokia OYJ (NOKIA:FH) (NOK) PT Raised to EUR14 at Kepler Cheuvreux
- Coursera plans layoffs after Udemy merger, estimates $8M-$11M in costs
Insight Enterprises (NSIT) Tops Q3 EPS by 24c, Revenues Miss; Offers FY20 EPS Guidance Above Consensus, FY20 Revenue Outlook Below Consensus
November 3, 2020 8:02 AM ESTInsight Enterprises (NASDAQ: NSIT) reported Q3 EPS of $1.38, $0.24 better than the analyst estimate of $1.14. Revenue for the quarter came in at $1.94 billion versus the consensus estimate of $2.01 billion.
Gross profit increased 11% to $307.6 millionGross margin expanded 150 basis points to 15.9%Earnings from operations increased 38% to $61.5 millionAdjusted earnings from operations increased 22% to $71.8 millionDiluted earnings per share increased 45% to $1.10Adjusted diluted earnings per share increased 25% to $1.38Cash flow provided by operations in the first nine months of 2020 was $462.1 million compared to $168.6 million in the first nine months of... More