Insight Enterprises, Inc. Reports Third Quarter Results
Insight Enterprises, Inc. (NSIT)
Last insight enterprises, inc. earnings: 2/12 08:00 am
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Source: Business Wire
CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) today reported financial results for the quarter ended September 30, 2024. Highlights include:Gross profit increased 6% year over year to $432.1 million with gross margin expanding 270 basis points to 20.7%Insight Core services gross profit grew 14% year over yearCloud gross profit grew 33% year over yearConsolidated net earnings decreased 3% to $58.2 million, year to yearAdjusted earnings before interest, tax, depreciation and amortization (“EBITDA”) was flat at $128.8 million, year over yearDiluted earnings per share of $1.52 decreased 6% year to yearAdjusted diluted earnings per share of $2.19 decreased 8% year to yearIn the third quarter of 2024, net sales decreased 8%, year to year, to $2.1 billion, while gross profit increased 6%, year over year, to $432.1 million. Gross margin expanded 270 basis points compared to the third quarter of 2023 to 20.7%. Earnings from operations of $92.9 m
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NSIT
Earnings
- 10/31/24 - Miss
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Analyst Actions
- 11/4/24 - Barrington Research
NSIT
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/13/24 - Form SC
- NSIT's page on the SEC website