Raymond James Upgrades Insight Enterprises (NSIT) to Market Perform
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Insight Enterprises, Inc. Reports Second Quarter 2016 Results
August 3, 2016 4:00 PM EDTTEMPE, Ariz., Aug. 03, 2016 (GLOBE NEWSWIRE) -- Insight Enterprises, Inc. (Nasdaq: NSIT) (the Company) today reported results of operations for the quarter ended June 30, 2016.
In the second quarter of 2016, consolidated net sales were $1.46 billion, up 2% year over year. This improvement was primarily driven by an increase in net sales reported in the Companys North America operating segment, which generated more than $1 billion of net sales during the second quarter.Â
Consolidated gross profit was $209.2 million in the second quarter of 2016, up 9% year over year. This increase reflects gross margin expansion in... More
