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Sep 30, 2021
Insight Enterprises Q3 2021 Earnings Report
Reported third quarter 2021 results with net sales and earnings per share increasing.
Key Takeaways
Insight Enterprises reported a strong third quarter in 2021, with net sales increasing by 26% year over year to $2.45 billion. Diluted earnings per share increased 37% year over year to $1.51, and adjusted diluted earnings per share increased 36% year over year to $1.87.
Net sales increased 26% year over year to $2.45 billion.
Gross profit increased 19% year over year to $364.5 million.
Diluted earnings per share of $1.51 increased 37% year over year.
Adjusted diluted earnings per share of $1.87 increased 36% year over year.
Revenue by Geographic Location
Forward Guidance
For the full year 2021, the Company now expects to deliver low double digit net sales growth over the prior year, and Adjusted diluted earnings per share is now expected to be between $7.00 and $7.10.
Positive Outlook
- expects to deliver low double digit net sales growth over the prior year
- Adjusted diluted earnings per share is now expected to be between $7.00 and $7.10.
- interest expense between $25 million and $28 million
- an effective tax rate of 25% to 26% for the full year 2021
- capital expenditures of $65 to $75 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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