Revenue Update on Insight Enterprises(NASDAQ:NSIT)

Insight Enterprises(NASDAQ:NSIT) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $1.46B. Analysts estimated a revenue of $1.42B. Earnings per share were $0.97. Analysts had estimated an EPS of $0.75.

Insight Enterprises (NSIT) made into the market gainers list on Fridays trading session with the shares advancing 0.80% or 0.25 points. Due to strong positive momentum, the stock ended at $31.6, which is also near the day’s high of $31.795. The stock began the session at $31.2 and the volume stood at 1,04,461 shares. The 52-week high of the shares is $32.77 and the 52 week low is $18.26. The company has a current market capitalization of $1,121 M and it has 3,54,71,330 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 2, 2016, Steven W. Dodenhoff (President, US) sold 7,000 shares at $26.97 per share price.Also, On May 25, 2016, Glynis Bryan (CFO) sold 10,000 shares at $26.50 per share price.On May 20, 2016, Anthony Ibarguen (director) sold 4,000 shares at $25.50 per share price, according to the Form-4 filing with the securities and exchange commission.

Insight Enterprises Inc. is a technology provider of integrated solutions to business and government clients. The Company assesses designs deploys and manages information technology (IT) solutions. The Company operates in three segments: North America EMEA and APAC. Its offerings in North America and select countries in Europe Middle East and Africa (EMEA) include a suite of IT hardware software and service solutions. Its offerings in the remainder of its EMEA segment and in APAC are software and select software-related services. It has locations in around 22 countries and has operations in around 200 countries. It offers consulting technical and managed services in the United States and the United Kingdom. It delivers these services through three service groups: consulting services technical services and managed services. In addition the Company serves business and government organizations and healthcare and educational institutions with its Intelligent Technology solutions.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *