Insight Enterprises Inc. (NSIT) reported third-quarter net income of $7.272 million compared to $6.597 million last year. Earnings per share was $0.16 compared to $0.14 a year ago.
Non-GAAP net earnings from continuing operations increased to $10.121 million from $6.597 million last year. Non-GAAP earnings per share from continuing operations was $0.22 compared to $0.14 a year ago.
Earnings from operations decreased to $11.869 million from $14.953 million prior year. Non-GAAP earnings from operations increased to $16.423 million from $14.953 million a year ago.
On average, 3 analysts polled by Thomson Reuters expected the company to report profit of $0.11 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales decreased to $969.935 million from $1.165 billion last year. Analysts expected revenue of $949.45 million for the quarter.
The company has revised its outlook for earnings per share from continuing operations to be between $0.83 and $0.88 for the full year of 2009, including $0.18 to $0.23 of earnings per share expected in the fourth quarter of 2009.
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