Insight Enterprises delivered 11% growth in adjusted diluted earnings per share, driven by increased commercial revenue and a record gross margin, despite a 4% decline in overall revenue.
- Adjusted earnings from operations grew across all geographies, contributing to an 11% increase in adjusted EPS.
- Cloud gross profit exceeded expectations with a 7% increase, driven primarily by robust SaaS and Infrastructure as a Service growth.
- Revenue from commercial clients rose 5%, although overall revenue declined 4% due to shifts from on-prem software to cloud solutions.
- Strong services bookings in Q3 and improved operational efficiency support ongoing growth in service capabilities as the company enhances its AI offerings.
- Insight's acquisition of Inspire 11 strengthens its data and AI consulting capabilities, addressing client needs for transformation and operational optimization.
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