Insight Enterprises reports record Q1 2022 revenue $2.65B, Adj. EPS $1.81 up 39% YoY

INSIGHT ENTERPRISES INC

2022-Q1 EPS reported $1.53 revenue$2,650,850,000

Net sales $2.65B (+21% YoY); gross profit $378.9M (+14%); gross margin 14.3% down 80bps.
Diluted EPS $1.53 (+30%); Adjusted diluted EPS $1.81 (+39%).
North America net sales $2.06B (+25%); EMEA $531.4M (+11%); APAC $54.9M (-8%).
Adjusted earnings from operations $89.6M (+31%); operating margin 3.4%.
CEO Mullen cited easing supply constraints and strong device demand.

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