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home / news releases / NSIT - Insight Enterprises reports mixed results guides FY20 EPS above estimates

NSIT - Insight Enterprises reports mixed results guides FY20 EPS above estimates

Insight Enterprises Inc.
Insight Enterprises (NSIT) reports mixed Q3 results that missed on revenue and beat on EPS.Q3 highlights: Revenue was up 1.5% y/y to $1.94BGross profit increased 11% to $307.6M; Gross margin expanded 150 bps to 15.9%.Earnings from operations rose 38% to $61.5M.The Company fully paid down the debt outstanding under its ABL facility during the quarter.NSIT expects FY20 Non-GAAP EPS in the range of $5.88-$5.98 vs. a consensus of $5.54 and revenue of $8.1-8.2B vs. $8.2B.Shares +2% premarket.Previously: Insight Enterprises EPS beats by $0.26, misses on revenue (Nov. 3)

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Insight Enterprises reports mixed results, guides FY20 EPS above estimates
Stock Information
Company Name: Insight Enterprises Inc.
Stock Symbol: NSIT
Market: NASDAQ
Website: insight.com
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