Insight Enterprises Q1 Profit Rises; Backs FY14 EPS Outlook - Quick Facts

(RTTNews) - Insight Enterprises, Inc. (NSIT) reported first-quarter net income of $11.6 million or $0.28 per share, compared to $9.1 million or $0.20 per share, last year.

Non-GAAP earnings was $11.8 million or $0.28 per share, up from $10.9 million or $0.24 per share in the comparable quarter last year. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.29 for the quarter. Analysts' estimates typically exclude special items.

Net sales were $1.21 billion, compared to $1.18 billion, prior year. Analysts expected revenue of $1.21 billion for the quarter.

For the full year of 2014, the company continues to expect earnings per share to be between $1.97 and $2.07. Analysts expect the company to report full year 2014 profit per share of $2.03.