Insight Enterprises (NSIT) Misses Q1 EPS by 11c

Go back to Insight Enterprises (NSIT) Misses Q1 EPS by 11c

Insight Enterprises, Inc. Reports First Quarter Results and Confirms Full Year Guidance

May 2, 2023 8:00 AM EDT

CHANDLER, Ariz.--(BUSINESS WIRE)-- Insight Enterprises, Inc. (NASDAQ: NSIT) (the Company) today reported financial results for the quarter ended March 31, 2023. Highlights include:

Gross profit increased 3% year over year to $391.3 million with gross margin expanding 250 basis points to 16.8% Record gross margin in North America of 17.2% Earnings from operations decreased 3% year to year to $77.5 million Adjusted earnings from operations increased 5% year over year to $94.0 million Diluted earnings per share of $1.34 decreased 12% year to year Adjusted diluted earnings per share of $1.78 decreased 2% year to... More