Insight Enterprises: Q4 Earnings Snapshot

CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Insight Enterprises Inc. (NSIT) on Thursday reported fourth-quarter profit of $90.6 million.

On a per-share basis, the Chandler, Arizona-based company said it had net income of $2.42. Earnings, adjusted for one-time gains and costs, were $2.98 per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.04 per share.

The information technology provider posted revenue of $2.24 billion in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $2.38 billion.

For the year, the company reported profit of $281.3 million, or $7.55 per share. Revenue was reported as $9.18 billion.

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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