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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.
Insight Enterprises (Nasdaq: NSIT) has announced its schedule for reporting third quarter 2024 financial results. The company will release its financial results for the quarter ended September 30, 2024, before the market opens on October 31, 2024. Following the release, Insight will host a conference call and live webcast at 9:00 a.m. ET to discuss the operational results.
Investors and interested parties can access the live webcast and replays of the conference call through the company's investor relations website at http://investor.insight.com/. To participate in the live conference call, attendees must register in advance using the provided event link. Upon registration, participants will receive dial-in information, a unique registrant ID, event passcode, and detailed instructions for joining the call via email.
Insight Enterprises (NASDAQ:NSIT) has achieved Amazon Web Services (AWS) Premier Tier Services Partner status, recognizing its proven technical expertise and customer experience. This designation requires meeting strict AWS technical requirements, including certifications, capabilities, and implementations. Insight has four AWS solution competencies: Security, DevOps, Microsoft Workloads, and Migration.
The company's CEO, Joyce Mullen, emphasized that this status enhances Insight's ability to introduce AWS to its global client network. A client success story featuring Fourth Wall highlights Insight's expertise in delivering complex cloud solutions. The AWS Premier Tier Services Partner status complements Insight's existing top-tier partnerships with Microsoft Azure and Google Cloud, solidifying its position as a leading multicloud expert.
Insight Enterprises (Nasdaq: NSIT) has announced its participation in the upcoming Sidoti Virtual Investor Conference on Wednesday, September 18, 2024, at 11:30 AM ET. James Morgado, SVP Finance and CFO, North America, will represent the company at the event.
The presentation will be broadcast live over the Internet and can be accessed through the company's investor relations website at http://investor.insight.com/. This platform also provides access to recent webcasts, downloadable slide presentations, and other investor-related information about Insight Enterprises.
This virtual conference participation demonstrates Insight's commitment to engaging with investors and providing transparent communication about its business operations and financial performance.
Insight Enterprises (NASDAQ: NSIT) announced key leadership changes, strengthening its position as a leading Solutions Integrator. James Morgado will become CFO on Jan. 1, 2025, succeeding Glynis Bryan. Morgado, currently SVP and CFO for North America, has been instrumental in increasing gross margins. Additionally, Janet Foutty, former Deloitte executive chair, and Tom Reichert, ERM CEO and BCG alum, joined Insight's Board of Directors on Aug. 30.
These appointments bring valuable consulting and services expertise to Insight as it accelerates its transformation. CEO Joyce Mullen expressed confidence in Morgado's ability to drive growth and highlighted the new board members' extensive experience in guiding the company towards its digital innovation goals.
Insight Enterprises (Nasdaq: NSIT) has announced its participation in the Oppenheimer 27th Annual Technology, Internet & Communications Conference. The event is scheduled for Wednesday, August 14, 2024, at 11:35 AM ET. Glynis Bryan, the company's CFO, will be representing Insight at the conference.
Investors and interested parties can access the live broadcast of Insight's presentation through the company's investor relations website at http://investor.insight.com/. The site also offers access to recent webcasts, downloadable slide presentations, and other investor-related information about Insight Enterprises.
This participation in a major industry conference provides an opportunity for Insight to showcase its position in the technology sector and engage with investors and analysts.
Insight Enterprises (NASDAQ: NSIT) reported Q2 2024 results with gross profit up 5% to $453.4 million and gross margin expanding 260 basis points to 21.0%. Net sales decreased 8% to $2.2 billion, while consolidated net earnings grew 9% to $87.4 million. Key highlights include:
- Cloud gross profit grew 21% year over year
- Insight Core services gross profit increased 12% year over year
- Diluted EPS of $2.27, up 5% year over year
- Adjusted diluted EPS of $2.46, down 4% year to year
The company's focus on cloud, services, and high-growth areas has improved shareholder economics. For full-year 2024, Insight expects Adjusted diluted EPS between $10.60 and $10.90, with low double-digit gross profit growth and gross margin in the 19% to 20% range.
Insight Enterprises (Nasdaq: NSIT) has announced it will release its second quarter 2024 financial results on August 1, 2024, before the market opens. The company will also host a conference call and live webcast at 9:00 a.m. ET on the same day to discuss the operational results. Investors and analysts can access the live webcast and replays of the conference call through the company's investor relations website. To participate in the live conference call, interested parties must register in advance using the provided event link, after which they will receive dial-in information, a unique registrant ID, and detailed instructions for joining the call.
Insight Enterprises (NASDAQ: NSIT) has launched a new service that accelerates the adoption of data analytics using Microsoft Fabric. The service aims to simplify data integration and management, enabling companies to access and utilize data without relocating it. The Insight Lens™ architecture reduces implementation time to a few weeks, providing tailored support, templated deployment, and actionable insights.
For instance, a healthcare organization used this service to manage data from multiple sources, enabling better customer insights and decision-making. Insight's approach addresses common barriers such as aging infrastructure, technical expertise gaps, and security compliance. Microsoft Fabric offers an all-in-one analytics solution, enhancing collaboration and real-time insights through Microsoft Power BI.
Insight holds various Microsoft designations and specializations, emphasizing its capability in delivering robust data management solutions. Learn more or access their on-demand webinar to understand the benefits of implementing Microsoft Fabric.
Insight Enterprises (NASDAQ: NSIT) announced its participation in the Stifel 2024 Cross Sector Conference on June 4, 2024, at 11:30 AM ET. The company's CEO, Joyce Mullen, and CFO, Glynis Bryan, will present at the event.
The presentation will be broadcast live online, and materials such as webcasts and slide presentations will be available on their investor relations website.
Insight Enterprises (NASDAQ: NSIT) is partnering with Microsoft and Qualcomm to test next-generation AI PCs. These devices will leverage Qualcomm's Snapdragon X Elite NPU and the new Windows 11 with AI features and Copilot. Insight will be among the first to adopt these AI-enhanced Windows-based PCs from leading brands such as Microsoft Surface, Dell, HP, and Lenovo. The initiative involves testing device architecture, software performance, and business app compatibility. Early results show improved battery life, CPU performance, and multitasking capabilities. Insight's expertise in AI applications positions it as a key player in helping clients implement advanced AI solutions.