Insight Enterprises: Q4 Earnings Snapshot
By AP News
Published - Feb 09, 2023, 08:27 AM ET
Last Updated - Jun 22, 2023, 10:25 PM EDT
CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Insight Enterprises Inc. (NSIT) on Thursday reported fourth-quarter profit of $77.5 million.
On a per-share basis, the Chandler, Arizona-based company said it had profit of $2.13. Earnings, adjusted for one-time gains and costs, were $2.53 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share.
The information technology provider posted revenue of $2.5 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $2.61 billion.
