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Insight Enterprises Inc - NSIT STOCK NEWS

Welcome to our dedicated page for Insight Enterprises news (Ticker: NSIT), a resource for investors and traders seeking the latest updates and insights on Insight Enterprises stock.

Insight Enterprises Inc. (NASDAQ: NSIT) is a global provider of hardware, software, and cloud solutions, dedicated to empowering clients across various sectors, including business, government, healthcare, and education. Headquartered in Tempe, Arizona, Insight Enterprises operates through three geographic segments: North America, EMEA, and APAC, with North America contributing the largest share of its revenue.

As a Fortune 500 company, Insight is recognized for its comprehensive technology solutions that help clients enhance their business outcomes. The company’s core offerings include digital innovation, cloud and data center transformation, connected workforce solutions, and supply chain optimization. Insight’s dedicated team of over 5,400 professionals provides the expertise and guidance needed to select, implement, and manage intricate technological projects.

Recent achievements include forging strategic partnerships with leading technology firms to expand their service portfolio and enhance solution delivery. Insight is also actively engaged in numerous projects aimed at driving digital transformation for its clients. Financially, the company maintains a robust position, continuously investing in innovative technologies and expanding its market reach.

For more detailed information about Insight Enterprises, latest updates, and new developments, visit their official website at insight.com.

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Insight Enterprises (NASDAQ:NSIT) has released its winter 2021 edition of the Tech Journal, showcasing how organizations are transforming through innovative IT strategies. CEO Joyce Mullen emphasizes the importance of improving operational efficiency and flexibility for IT departments in 2022. The issue features insights from industry leaders, including Danny Allan of Veeam and Mike Starkey of Christy Sports, on leveraging new technology to enhance business performance. The Tech Journal serves as a resource for IT executives navigating the evolving digital landscape.

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Insight Enterprises, Inc. (NASDAQ: NSIT) will participate in the Raymond James Technology Investors Conference on December 8, 2021, at 10:30 AM ET. The event will feature CFO Glynis Bryan and President of North America Joyce Mullen.

The presentation will be streamed live on the company's investor website at http://investor.insight.com/. Insight Enterprises is a Fortune 500 global IT provider offering Intelligent Technology Solutions™ for businesses, governments, and educational institutions.

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Insight Enterprises (NASDAQ: NSIT) recently hosted its annual Synergy 22 partner summit, attracting 1,100 IT experts from 250 tech companies. The conference's theme, “Be Ambitious,” highlighted discussions on enhancing digital transformation initiatives. Key survey findings revealed that 47% of IT decision-makers are directing funds towards business transformation. Insight, with over 6,000 partnerships, awarded numerous partners for exceptional collaboration.

Amid increased investment in digital solutions, the focus remains on innovation in cybersecurity, AI, and modern workplace experiences.

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Insight Enterprises' 2022 report reveals that 95% of IT decision makers indicate the pandemic has accelerated business transformation priorities. Key findings include that 63% are seeking new talent, while 89% are shifting more IT projects to external partners. A significant 91% report being impacted by IT supply chain disruptions. Investment priorities for IT leaders focus on security (51%), cloud infrastructure (37%), and data analytics (37%). The report emphasizes the importance of outside collaboration to navigate IT challenges and drive transformation.

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Insight Enterprises (NASDAQ: NSIT) has been awarded the Cisco Partner Summit Global award as the 2021 IoT/Industry Partner of the Year. This recognition highlights Insight's innovative practices and successful strategies in addressing business challenges through IoT solutions. The award reflects the strong partnership between Insight and Cisco, demonstrating their commitment to enhancing service levels and operational efficiency for clients. Cisco's senior vice president praised Insight for its superior performance and ability to deliver value to customers.

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Insight Enterprises reported a strong third quarter for 2021, with net sales soaring 26% year over year to $2.45 billion. Gross profit also rose by 19% to $364.5 million, despite a 100 basis point contraction in gross margin to 14.9%. Earnings from operations jumped 35%, reaching $83.2 million. Notably, diluted earnings per share increased 37% to $1.51. The company anticipates low double-digit net sales growth for the full year and predicts adjusted diluted earnings per share between $7.00 and $7.10.

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Insight Enterprises has been recognized as a key player in the Gartner 2021 Magic Quadrant for Software Asset Management (SAM) Managed Services. This validation highlights its comprehensive abilities to enhance cloud consumption and optimize IT workloads in multi-cloud environments. The firm’s SAM managed services, supported by 100+ experts, streamline software management and financial operations. Gartner forecasts a 20% CAGR for SAM managed services through 2023, driven by rising client needs for effective cloud governance and cost management.

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Insight Enterprises, Inc. (NASDAQ: NSIT) will announce its financial results for the quarter ended September 30, 2021 before market open on November 4, 2021. A conference call and live webcast will follow at 9:00 a.m. ET to discuss these results. Investors can register for the call and access the live event through the company's investor relations page. Insight Enterprises provides Intelligent Technology Solutions to a range of organizations, including businesses, governments, and educational institutions.

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Insight Enterprises has appointed Joyce Mullen as President and Chief Executive Officer, effective January 1, 2022. She succeeds Ken Lamneck, who will support her transition. Mullen previously served as North America President at Insight and held a 21-year career at Dell Technologies. Her leadership style focuses on people-first values and maintaining strong client relationships. Mullen also sits on the Board of The Toro Company. Insight Enterprises, a Fortune 500 company, delivers technology solutions to optimize business operations.

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FAQ

What is the current stock price of Insight Enterprises (NSIT)?

The current stock price of Insight Enterprises (NSIT) is $154.68 as of December 20, 2024.

What is the market cap of Insight Enterprises (NSIT)?

The market cap of Insight Enterprises (NSIT) is approximately 5.0B.

What does Insight Enterprises Inc. do?

Insight Enterprises Inc. provides hardware, software, cloud, and service solutions to businesses, governments, healthcare, and educational institutions.

Where is Insight Enterprises Inc. headquartered?

Insight Enterprises Inc. is headquartered in Tempe, Arizona, USA.

What are the core business segments of Insight Enterprises Inc.?

The company operates through three geographic segments: North America, EMEA, and APAC, with North America generating the most revenue.

Which sectors does Insight Enterprises Inc. serve?

Insight serves a variety of sectors including business, government, healthcare, and education.

What are some of the key offerings of Insight Enterprises Inc.?

Insight’s key offerings include digital innovation, cloud and data center transformation, connected workforce solutions, and supply chain optimization.

How many employees does Insight Enterprises Inc. have?

Insight Enterprises Inc. employs over 5,400 professionals globally.

What recent achievements has Insight Enterprises Inc. accomplished?

Recent achievements include forming strategic partnerships with leading technology firms and driving digital transformation projects for clients.

Where can I find more information about Insight Enterprises Inc.?

More information can be found on their official website at www.insight.com.

Is Insight Enterprises Inc. financially stable?

Yes, Insight Enterprises Inc. maintains a robust financial position, continuously investing in innovative technologies and expanding its market reach.

What makes Insight Enterprises Inc. a leader in its field?

Insight’s comprehensive technology solutions, expert team, strategic partnerships, and commitment to driving business outcomes make it a leader in the IT solutions industry.

Insight Enterprises Inc

Nasdaq:NSIT

NSIT Rankings

NSIT Stock Data

5.00B
31.36M
1.24%
115.9%
4.53%
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