NASDAQ$NSIT
Insight Enterprises Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Insight Enterprises' financial performance increased due to the acquisition of PCM, Inc. and effective responses to the COVID-19 pandemic.
Insight Enterprises reported strong Q1 2020 results, with a 27% increase in net sales driven by the acquisition of PCM, Inc. Gross profit increased by 31%, and the company successfully deployed its workforce to work-from-home while supporting clients during the COVID-19 pandemic. The company withdrew its 2020 financial guidance due to the economic uncertainty caused by COVID-19.
- Net sales increased 27% year over year to $2.14 billion, primarily due to the acquisition of PCM.
- Gross profit increased 31% year over year to $325.3 million, with gross margin expanding 50 basis points.
- Earnings from operations decreased 7% to $52.9 million, impacted by increased amortization and acquisition-related expenses.
- Adjusted diluted earnings per share of $1.30 increased 11% year over year.
Headline financials
Revenue & EPS history
Insight Enterprises · Revenue · Quarterly
$2.14B
Revenue by segment
Insight Enterprises · $1.85B total across 1 segment · Q1 2020
- Hardware$1.85B—100.0%
Forward guidance
Insight Enterprises withdrew its 2020 financial guidance for net sales and Adjusted diluted earnings per share due to the high level of economic uncertainty and disruption caused by COVID-19. Demand for products and services is anticipated to decrease significantly in the short term as business and consumer activity declines globally.
Headwinds
- High level of economic uncertainty due to COVID-19.
- Disruption caused by COVID-19.
- Anticipate demand for our products and services will decrease significantly in the short term.
- Business activity declines globally.
- Consumer activity declines globally.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
-0.1%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+4.0%
Avg return
30 days after
46%
30 / 65 earnings
Positive
+18.1%
Q4 2016
Best reaction
-19.1%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.8% | +26.0% | +60.9% | |
| Q4 2025 | +0.8% | +15.5% | +4.1% | |
| Q3 2025 | -3.9% | -8.4% | -16.5% | |
| Q1 2025 | -3.2% | -4.8% | -5.7% | |
| Q4 2024 | -3.8% | -3.7% | -10.2% | |
| Q3 2024 | -15.5% | -16.6% | -23.3% | |
| Q2 2024 | -19.1% | -19.6% | -3.3% | |
| Q1 2024 | +11.8% | +15.5% | +12.9% | |
| Q4 2023 | -6.8% | -5.2% | -3.5% | |
| Q3 2023 | +2.3% | +1.4% | +10.4% | |
| Q2 2023 | -2.2% | -1.3% | +9.2% | |
| Q1 2023 | +1.7% | +2.6% | +10.9% | |
| Q4 2022 | +12.6% | +12.5% | +19.6% | |
| Q3 2022 | +0.3% | +3.0% | +9.0% | |
| Q2 2022 | -1.2% | -3.7% | -6.1% | |
| Q1 2022 | -0.8% | -4.2% | -2.7% | |
| Q4 2021 | -1.2% | +0.2% | +7.5% | |
| Q3 2021 | +7.3% | +6.7% | +1.8% | |
| Q2 2021 | -2.2% | -3.5% | +1.1% | |
| Q1 2021 | -1.5% | -4.0% | +3.4% | |
| Q4 2020 | +0.4% | -0.7% | +14.4% | |
| Q3 2020 | +11.1% | +16.9% | +28.0% | |
| Q2 2020 | +6.3% | +9.4% | +12.3% | |
| Q1 2020 | +0.9% | -9.3% | +4.9% | |
| Q4 2019 | -10.9% | -12.3% | -39.1% | |
| Q3 2019 | -2.8% | -4.2% | +1.0% | |
| Q2 2019 | +3.5% | +6.4% | -1.9% | |
| Q1 2019 | +1.6% | +1.6% | -9.0% | |
| Q4 2018 | +13.1% | +16.2% | +17.5% | |
| Q3 2018 | -9.6% | -10.2% | -15.6% | |
| Q2 2018 | -2.8% | +4.2% | +9.7% | |
| Q1 2018 | +13.1% | +21.6% | +34.4% | |
| Q4 2017 | +4.5% | +3.5% | +4.0% | |
| Q3 2017 | -7.3% | -12.6% | -16.9% | |
| Q2 2017 | +12.3% | +8.1% | -2.9% | |
| Q1 2017 | +10.0% | +9.8% | +2.9% | |
| Q4 2016 | +18.1% | +18.6% | +12.6% | |
| Q3 2016 | -11.1% | -13.6% | +3.5% | |
| Q2 2016 | +14.7% | +17.2% | +17.5% | |
| Q1 2016 | -15.1% | — | — | |
| Q4 2015 | -4.6% | — | — | |
| Q3 2015 | -5.7% | — | — | |
| Q2 2015 | -3.6% | — | — | |
| Q1 2015 | -7.9% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | -12.1% | — | — | |
| Q2 2014 | -0.5% | — | — | |
| Q1 2014 | +7.2% | — | — | |
| Q4 2013 | +10.7% | — | — | |
| Q3 2013 | -2.0% | — | — | |
| Q2 2013 | -5.2% | — | — | |
| Q1 2013 | -4.2% | — | — | |
| Q4 2012 | -3.9% | — | — | |
| Q3 2012 | +2.6% | — | — | |
| Q2 2012 | +8.7% | — | — | |
| Q1 2011 | -14.5% | — | — | |
| Q1 2012 | -10.2% | — | — | |
| Q4 2009 | -1.1% | — | — | |
| Q1 2010 | -1.1% | — | — | |
| Q4 2011 | -1.1% | — | — | |
| Q3 2010 | +4.8% | — | — | |
| Q3 2011 | +4.8% | — | — | |
| Q4 2010 | +2.2% | — | — | |
| Q2 2010 | +2.2% | — | — | |
| Q2 2011 | +2.2% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro