earnings
confidence high
sentiment negative
materiality 0.75
Insight Q4 net earnings down 59% to $37M; gross margin record 21.2%
INSIGHT ENTERPRISES INC
2024-FY EPS reported
$6.55
revenue$8,701,698,000
- Q4 net sales $2.1B (-7% YoY); net earnings $37.0M (-59% YoY); diluted EPS $0.99 (-59%).
- Q4 gross margin record 21.2% (up 170bps); full-year gross margin 20.3% (up 210bps).
- Full year net sales $8.7B (-5%); net earnings $249.7M (-11%); adjusted diluted EPS $9.68 (flat).
- Cloud gross profit grew 21% full year; Insight Core services gross profit grew 15% full year.
- Operating cash flow $632.8M for full year; North America segment Q4 earnings from ops down 55%.