Insight Enterprises (NSIT) has reported 101.05 percent jump in profit for the quarter ended Mar. 31, 2017. The company has earned $13.85 million, or $0.38 a share in the quarter, compared with $6.89 million, or $0.18 a share for the same period last year.

Revenue during the quarter grew 26.40 percent to $1,477.54 million from $1,168.98 million in the previous year period. Gross margin for the quarter expanded 31 basis points over the previous year period to 14.09 percent. Total expenses were 98.45 percent of quarterly revenues, down from 98.83 percent for the same period last year. This has led to an improvement of 39 basis points in operating margin to 1.55 percent.

Operating income for the quarter was $22.95 million, compared with $13.63 million in the previous year period.

"In the first quarter, our team delivered double digit organic sales and gross profit growth across our largely fixed expense base which drove Adjusted earnings from operations up more than 100% year over year. Through new client wins and new projects with existing clients in the first quarter, we gained market share in the data center and software categories while holding our own with devices," stated Ken Lamneck, president and chief executive officer. “In addition, we closed the acquisition of Datalink early in the first quarter which added about $130 million to our top line and was a small positive contributor to Adjusted earnings from operations for the quarter. Integration efforts are underway and we remain excited about the long-term opportunities for the combined business," stated Lamneck.

For financial year 2017, the company projects diluted earnings per share to be in the range of $3.03 to $3.13 on adjusted basis.