Insight Enterprises: Q3 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Insight Enterprises Inc. (NSIT) on Thursday reported third-quarter profit of $58.2 million.

The Chandler, Arizona-based company said it had profit of $1.52 per share. Earnings, adjusted for one-time gains and costs, came to $2.19 per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.33 per share.

The information technology provider posted revenue of $2.09 billion in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $2.34 billion.

Insight Enterprises expects full-year earnings in the range of $9.40 to $9.70 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NSIT at https://www.zacks.com/ap/NSIT

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • Rich Valdés America at Night
     
    It’s new talk for a new generation, introducing Rich Valdés America at Night!   >>
     
  • The Charlie Kirk Show
    12:00AM - 1:30AM
     
    Charlie Kirk is the next big thing in conservative talk radio and he's now   >>
     
  • The Scott Jennings Show
     
    Jennings is battle-tested on cable news, a veteran of four presidential   >>
     
  • The Mike Gallagher Show
    3:00AM - 6:00AM
     
    Mike Gallagher is one of the most listened-to radio talk show hosts in America.   >>
     

See the Full Program Guide