Insight Enterprises: 2Q Earnings Snapshot

August 1, 2018

TEMPE, Ariz. (AP) _ Insight Enterprises Inc. (NSIT) on Wednesday reported second-quarter earnings of $51.5 million.

The Tempe, Arizona-based company said it had net income of $1.44 per share. Earnings, adjusted for restructuring costs, were $1.45 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.

The information technology provider posted revenue of $1.84 billion in the period, meeting Street forecasts.

Insight Enterprises expects full-year earnings in the range of $4.50 to $4.60 per share.

Insight Enterprises shares have increased 31 percent since the beginning of the year. The stock has climbed 24 percent in the last 12 months.


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

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