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Article: Insight Enterprises Inc. Reports Third Quarter Results; Net Sales - $844 Million; GAAP Diluted EPS - $0.31; Non-GAAP Diluted EPS - $0.33.
- Article from:
- Business Wire
- Article date:
- October 20, 2005
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TEMPE, Ariz. -- Insight Enterprises Inc. (Nasdaq: NSIT) (the "company") today reported results of operations for the three and nine months ended Sept. 30, 2005.
Third Quarter Highlights:
--Quarterly net sales growth of 5.7% from $798.5 million in Q3 2004 to $844.0 million in Q3 2005.
--Non-GAAP(a) net earnings growth of 11% from $14.6 million in Q3 2004 to $16.3 million in Q3 2005. (GAAP net earnings decline of 23%.)
--10% year-over-year growth in non-GAAP(a) diluted EPS from $0.30 in Q3 2004 to $0.33 in Q3 2005. (GAAP diluted EPS decline from $0.41 in Q3 2004 to $0.31 in Q3 2005.)
--Quarterly net sales and non-GAAP(a) ...