Insight Enterprises' stock soared 5.06% in pre-market trading on Thursday, following the release of its first-quarter financial results.
The company reported Q1 sales of USD 2,127.986 million, surpassing the Ibes estimate of USD 2,123 million. Additionally, Insight Enterprises posted earnings per share of USD 0.97, earnings from operations of USD 71.682 million, and net income of USD 30.009 million for the quarter.
The better-than-expected sales performance likely fueled investor optimism, driving the stock price higher ahead of the regular trading session.