Insight Enterprises posts record Q1: adjusted EPS $2.37 (+33% YoY), gross margin 18.5%

INSIGHT ENTERPRISES INC

2024-Q1 EPS reported $1.74 revenue$2,379,485,000

Q1 net sales $2.4B (+2% YoY); gross profit record $440.9M (+13%); gross margin 18.5% (record Q1).
Adjusted diluted EPS $2.37 (+33% YoY), record Q1; GAAP diluted EPS $1.74 (+30%).
Cloud gross profit +33% YoY; Insight Core services gross profit +24% YoY.
North America net sales +4% YoY; EMEA -3%; APAC -2%.
Operating income $100.0M (+29%); adjusted operating income $121.8M (+30%).

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 0.9

INSIGHT ENTERPRISES INC reported the quarter ended March 31, 2024 results: revenue $2.4 billion, net income $67.0 million, EPS $1.74.

Period: the quarter ended March 31, 2024
Revenue: $2.4 billion
Net income: $67.0 million
EPS: $1.74
Result: reported results

Exact text from the filing

objective of becoming the leading solutions integrator,” Mullen stated. KEY HIGHLIGHTS Results for the Quarter: • Consolidated net sales for the first quarter of 2024 of $2.4 billion increased 2%, year over year, when compared to the first quarter of 2023. Product net sales was flat, year to year, while services net sales increased 17%, year over year. • Net

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Source: SEC EDGAR

accession 0001628280-24-019805

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