earnings
confidence high
sentiment positive
materiality 0.80
Insight Enterprises Q3 net sales up 26% to $2.45B; adj. EPS $1.87 (+36% YoY)
INSIGHT ENTERPRISES INC
2021-Q3 EPS reported
$4.27
revenue$6,870,090,000
- Net sales $2.45B (+26% YoY); gross profit $364.5M (+19% YoY); gross margin 14.9% (-100 bps).
- Diluted EPS $1.51 (+37% YoY); adjusted diluted EPS $1.87 (+36% YoY).
- Operating income $83.2M (+35% YoY); adjusted operating income $93.5M (+30% YoY).
- North America net sales +30% to $2.02B; EMEA +12%; APAC +25%.
- CEO expects ~50% of elevated hardware backlog to ship in Q4 2021.