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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, Inc. CFO Glynis Bryan is set to retire on December 31, 2024, after 17 years with the company. An executive search firm will look for her successor. Bryan will assist in the transition to ensure a smooth handover. CEO Joyce Mullen praised Bryan's leadership and impactful contribution to Insight's transformation.
Insight Enterprises, Inc. (NASDAQ: NSIT) reported record first quarter results for the quarter ended March 31, 2024. Key highlights include a 13% increase in gross profit to $440.9 million, 24% growth in Insight Core services gross profit, and a 33% growth in cloud gross profit. Earnings from operations increased by 29% to $100.0 million, with adjusted earnings increasing by 30% to $121.8 million. Diluted earnings per share rose by 30% to $1.74, and adjusted diluted earnings per share reached $2.37, a 33% increase year over year.
Insight Enterprises (NASDAQ: NSIT) has acquired Infocenter, a leading ServiceNow consulting and implementation partner, to enhance its automation solutions portfolio. The move comes amidst a growing demand for intelligent enterprise automation, with the market estimated to reach $220 billion by 2025. Infocenter's expertise in ServiceNow capabilities will strengthen Insight's position in delivering industry-leading workflow automation solutions. Through this acquisition, Insight aims to provide unified cross-enterprise experiences and valuable insights to its clients.
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