Insight Enterprises (NSIT) Releases Earnings Results, Misses Expectations By $-0.07 EPS

Insight Enterprises (NSIT) reported quarterly earnings results on Thursday, Apr-28-2016. The company reported $0.21 earnings per share for the quarter, missing the analyst consensus estimate by $-0.07. Analysts had a consensus of $0.28. The company posted revenue of $1168.98 million in the period, compared to analysts expectations of $1200.87 million. The company’s revenue was down -4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

Insight Enterprises closed down -0.08 points or -0.27% at $29.11 with 1,53,371 shares getting traded on Wednesday. Post opening the session at $29.15, the shares hit an intraday low of $28.895 and an intraday high of $29.39 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 1, 2016, Kenneth T Lamneck (Chief Executive Officer) sold 15,000 shares at $26.01 per share price. According to the SEC, on Mar 1, 2016, Glynis Bryan (CFO) sold 12,500 shares at $26.28 per share price. On May 21, 2015, Robertson C Jones (director) sold 4,016 shares at $29.30 per share price, according to the Form-4 filing with the securities and exchange commission.

Insight Enterprises Inc. is a technology provider of integrated solutions to business and government clients. The Company assesses designs deploys and manages information technology (IT) solutions. The Company operates in three segments: North America EMEA and APAC. Its offerings in North America and select countries in Europe Middle East and Africa (EMEA) include a suite of IT hardware software and service solutions. Its offerings in the remainder of its EMEA segment and in APAC are software and select software-related services. It has locations in around 22 countries and has operations in around 200 countries. It offers consulting technical and managed services in the United States and the United Kingdom. It delivers these services through three service groups: consulting services technical services and managed services. In addition the Company serves business and government organizations and healthcare and educational institutions with its Intelligent Technology solutions.

Insight Enterprises

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