CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Insight Enterprises Inc. (NSIT) on Thursday reported fourth-quarter profit of $77.5 million.
On a per-share basis, the Chandler, Arizona-based company said it had profit of $2.13. Earnings, adjusted for one-time gains and costs, were $2.53 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share.
The information technology provider posted revenue of $2.5 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $2.61 billion.
For the year, the company reported profit of $280.6 million, or $7.66 per share. Revenue was reported as $10.43 billion.
Insight Enterprises expects full-year earnings in the range of $9.90 to $10.10 per share.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NSIT at https://www.zacks.com/ap/NSIT
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