secwatch.observer — SEC 8-K summary
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Issuer:     INSIGHT ENTERPRISES INC (NSIT)
CIK:        0000932696
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001628280-24-033897
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insight Q2: Revenue $2.2B (-8% YoY), EPS $2.27 (+5%), gross margin expands to 21.0%
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- Net sales $2.2B, down 8% YoY; product sales -11%, services +8%; gross profit $453.4M (+5%), margin 21.0% (+260 bps).
- Cloud GP +21% YoY; Insight Core services GP +12% YoY; services net sales +8%.
- Diluted EPS $2.27 (+5%); adjusted diluted EPS $2.46 (-4%); adjusted EBITDA $141.4M (+3%).
- NA net sales down 9% to $1.7B; EMEA -6% to $368.9M; APAC flat at $60.4M; earnings from ops +11% to $131.1M.
- CEO cites cloud/services growth driving improved economics; strategy of becoming a Solutions Integrator.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932696/000162828024033897/0001628280-24-033897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932696/000162828024033897/nsit-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-033897

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer