Plus   Neg

Insight Enterprises Inc. Announces Gain In Q4 Earnings

Insight Enterprises Inc. (NSIT) reported a profit for its fourth quarter that gained ground from last year.

The company said its bottom line advanced to $29.52 million, or $0.81 per share. This was up from $26.00 million, or $0.72 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.79 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 21.1% to $1.78 billion. This was up from $1.47 billion last year.

Insight Enterprises Inc. earnings at a glance:

-Earnings (Q4): $29.52 Mln. vs. $26.00 Mln. last year.
-Earnings Growth (Y-o-Y): 13.5%
-EPS (Q4): $0.81 vs. $0.72 last year.
-EPS Growth (Y-o-Y): 12.5%
-Analysts Estimate: $0.79
-Revenue (Q4): $1.78 Bln vs. $1.47 Bln last year.
-Revenue Change (Y-o-Y): 21.1%

Full year EPS guidance: $3.90 and $4.00.

For comments and feedback contact: editorial@rttnews.com

Follow RTT