Insight Enterprises (NSIT) Misses Q1 EPS by 13c, Revenues Beat
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Insight Enterprises, Inc. Reports First Quarter 2021 Results
May 6, 2021 8:00 AM EDTTEMPE, Ariz.--(BUSINESS WIRE)-- Insight Enterprises, Inc. (Nasdaq: NSIT) (the Company) today reported financial results for the quarter ended March 31, 2021. Highlights include:
Net sales increased 2% year over year to $2.2 billion Earnings from operations increased 27% to $67.0 million Adjusted earnings from operations increased 3% to $68.3 million Diluted earnings per share of $1.18 increased 24% year over year Adjusted diluted earnings per share of $1.30 was flat with prior yearIn the first quarter of 2021, net sales increased 2%, year over year. Gross profit also increased 2%, while gross margin contracted 10... More
