Restructuring pushes Insight's EMEA operations into the red

Josh Budd
clock • 3 min read

Reseller giant said it had to address some inefficiencies in its European operations in Q1

Reseller giant Insight has posted a loss for its EMEA region in Q1 after the firm shelled out $3.5m (€3.2m) on restructuring costs to tackle "inefficiency" in its Europe operations. Global net s...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Nutanix says growth hangs on bigger deals taking longer to close

Vendor

'These larger opportunities often involve strategic decisions and C-suite approvals, causing them to take longer to close and to have greater variability in timing, outcome and deal structure,' Nutanix CEO Rajiv Ramaswami told investors this week.

clock 03 June 2024 • 4 min read
Dell Technologies PC sales begin rebound, server sales hit record

Vendor

But the stock was being punished Friday with a sell-off after analysts called out the low margin performance around Dell’s market leading ISG products. Dell COO Jeff Clarke says new customers are expensive and margins will improve with time.

clock 03 June 2024 • 5 min read
Pure Storage Q1 revenue soars 18 per cent and raises FY25 outlook

Vendor

Data storage firm revenue was $693.5m, powered by AI and subscription growth

clock 30 May 2024 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets

Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
clock 18 January 2023 • 2 min read
Telefónica Tech joins big league as revenues soar past €1bn

Telefónica Tech joins big league as revenues soar past €1bn

Advanced technologies specialist sees year-to-date revenues leap 71 per cent to €1.02bn

Doug Woodburn
clock 07 November 2022 • 1 min read
RM's shares tank by a third as ERP rollout hits profits

RM's shares tank by a third as ERP rollout hits profits

RM’s £60m-revenue RM Technology arm still expected to grow in fiscal 2022, however

Doug Woodburn
clock 17 October 2022 • 1 min read