Insight Enterprises, Inc. Reports Strong Fourth Quarter and Record Full Year 2018 Results
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Insight Enterprises (NSIT) Tops Q4 EPS by 19c, Revenues Miss; Offers FY19 EPS Guidance Above Consensus
February 14, 2019 8:06 AM ESTInsight Enterprises (NASDAQ: NSIT) reported Q4 EPS of $1.31, $0.19 better than the analyst estimate of $1.12. Revenue for the quarter came in at $1.75 billion versus the consensus estimate of $1.76 billion.
Gross profit up 9% year over year to $254.2 million for the fourth quarter and up 8% for the full yearEarnings from operations up 29% to $58.7 million for the fourth quarter and up 30% for the full yearDiluted earnings per share of $1.31 increased more than 100% for the fourth quarter year over year and record diluted earnings per share of $4.55 increased 82% for the full yearCash flows... More