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CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Insight Enterprises Inc. (NSIT) on Thursday reported second-quarter profit of $87.4 million.
The Chandler, Arizona-based company said it had net income of $2.27 per share. Earnings, adjusted for one-time gains and costs, came to $2.46 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.85 per share.
The information technology provider posted revenue of $2.16 billion in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $2.45 billion.
Insight Enterprises expects full-year earnings in the range of $10.60 to $10.90 per share.
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This story was generated by Automated Insights (https://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NSIT at https://www.zacks.com/ap/NSIT