Insight Enterprises, Inc. Reports First Quarter Results
1. NSIT's Q1 revenue decreased 8% with a significant drop in net earnings. 2. However, gross margin increased 80 basis points to 19.3% despite lower profits.
1. NSIT's Q1 revenue decreased 8% with a significant drop in net earnings. 2. However, gross margin increased 80 basis points to 19.3% despite lower profits.
The significant drop in net earnings (89%) signals potential ongoing issues. Historically, similar profit declines have negatively impacted stock performance.
The article discusses significant financial declines for NSIT, which usually prompts investor concern. Such declines could affect stock liquidity and market confidence.
Investors may react quickly to poor earnings, affecting NSIT's price soon. Historical trends indicate rapid price adjustments after disappointing earnings reports.