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Insight Q3 FY21 Earnings Results

Below is a snapshot of Insight Enterprises (NASDAQ: NSIT) Q3 FY21 earnings results.

Market Info

Reported: 11/4/2021 Market Open
Price change at open: (2.81%) 11/4/2021
Ticker: NASDAQ: NSIT
Shares Outstanding: 41.02M
Market Cap: $4.425B

 

Income Statement
  • Q3 2021 Net Sales up 26% from Q3 2020 from $1.94B to $2.45B
  • Gross Profit up 19% from Q3 2020 from $307.6M to $364.5M
  • Gross Profit Margin down (100 bps) from 15.9% to 14.9%
  • Net Income up 43% from Q3 2020 from $38.9M to $55.5M
  • Fully-diluted EPS as reported increased 37% from $1.10 in Q3 2020 to $1.51 in Q3 2021
Balance Sheet
  • Cash: $107.4M
  • Debt: $930.6M
Analyst Consensus
  • Analyst Consensus estimate: Adjusted Diluted EPS: $1.68
  • Q3 FY21 Adjusted Diluted EPS: $1.87

Report created 11/9/2021
With questions or concerns please contact:

Joseph Martin – Analyst
Email: jmartin@martinwolf.com
Phone: 925.215.2739