Insight Enterprises, Inc. reported earnings of $2.19 per share for the third quarter, falling short of analysts' expectations of $2.37. The company's revenue was $2.09 billion, down 7.9% year-over-year and below the anticipated $2.34 billion.
Despite the earnings miss, Insight Enterprises continues to expand its offerings in artificial intelligence and data solutions. The company provides modern platforms and cybersecurity solutions, as well as AI-driven data analytics.
As of November 17, shares of Insight Enterprises are trading at $151.50, with a market cap of $4.81 billion. The stock has a 52-week range of $147.28 to $228.07. Analysts maintain a 'Hold' rating, with a consensus target price of $212.50.