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Insight Enterprises: 2Q Earnings Snapshot

August 6, 2019

TEMPE, Ariz. (AP) _ Insight Enterprises Inc. (NSIT) on Tuesday reported second-quarter earnings of $50 million.

On a per-share basis, the Tempe, Arizona-based company said it had profit of $1.38. Earnings, adjusted for one-time gains and costs, were $1.49 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.

The information technology provider posted revenue of $1.84 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $1.81 billion.

Insight Enterprises expects full-year earnings in the range of $4.85 to $4.95 per share.

Insight Enterprises shares have increased 23% since the beginning of the year. The stock has decreased 5% in the last 12 months.

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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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