CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Insight Enterprises Inc. (NSIT) on Thursday reported third-quarter net income of $50.9 million.
On a per-share basis, the Chandler, Arizona-based company said it had net income of $1.62. Earnings, adjusted for one-time gains and costs, were $2.43 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.49 per share.
The information technology provider posted revenue of $2 billion in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $2.15 billion.
Insight Enterprises expects full-year earnings in the range of $9.60 to $9.90 per share.
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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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