Insight Enterprises Q3 sales fall 8%; adjusted EPS down 8%, full-year EPS outlook set
Insight Enterprises reported third-quarter 2024 results on October 31, 2024. Net sales fell 8% to $2.1 billion and diluted earnings per share fell 6% to $1.52, while gross profit rose 6% to $432.1 million. The company now expects full-year 2024 adjusted diluted earnings per share of $9.40 to $9.70, and CEO Joyce Mullen said the third quarter did not meet the company's expectations.
Key points
- Total net sales were $2.1 billion, down 8% year over year; product net sales fell 11% and services rose 10%.
- Gross profit rose 6% to $432.1 million, with gross margin up 270 basis points to 20.7%.
- Diluted EPS was $1.52, down 6%; adjusted diluted EPS was $2.19, down 8%.
- For full-year 2024, adjusted diluted EPS is now expected to be between $9.40 and $9.70.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.