Insight Enterprises Q3 2022: Revenue $2.53B (+4%), Adj. EPS $1.99 (+6%)

INSIGHT ENTERPRISES INC

2022-Q3 EPS reported $5.53 revenue$7,928,581,000

Gross profit $399.3M (+10% YoY); gross margin expanded 90 bps to 15.8%.
Diluted EPS $1.58 (+5% YoY); adjusted diluted EPS $1.99 (+6% YoY).
Cloud solutions revenue grew 27% YoY; net sales in North America up 4%, EMEA flat, APAC up 19%.
Adjusted earnings from operations $107.1M (+14% YoY); operating margin 4.2%.
Earnings from operations up 9% to $90.3M; North America operating income up 11%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

INSIGHT ENTERPRISES INC reported third quarter ended September 30, 2022 results: revenue $2.53 billion, net income $57.3 million, EPS $1.58.

Period: third quarter ended September 30, 2022
Revenue: $2.53 billion
Net income: $57.3 million
EPS: $1.58
Result: reported results

Exact text from the filing

is shaping up as we expected, despite the economic volatility,” stated Mullen. KEY HIGHLIGHTS Results for the Quarter: • Consolidated net sales for the third quarter of 2022 of $2.53 billion increased 4%, year over year, when compared to the third quarter of 2021. Product net sales increased 2%, year over year and services net sales increased 13%, year over year. •

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Source: SEC EDGAR

accession 0001628280-22-027994

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