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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.
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Insight Enterprises, Inc. (NSIT) reports record gross margin for Q4 and full year 2023. Gross profit increased 4% year over year to $436.2 million, with gross margin expanding to 19.5% for Q4 and 18.2% for the full year. Earnings from operations increased 16% for Q4 and 1% for the full year. Adjusted earnings from operations increased 16% for Q4 and 5% for the full year. Diluted earnings per share increased 14% for Q4 but decreased 1% for the full year. Adjusted diluted earnings per share increased 18% for Q4 and 6% for the full year. Cash flows provided by operating activities were $205.8 million for Q4 and $619.5 million for the full year.
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Insight Enterprises (NASDAQ: NSIT) has entered into a new global agreement with Microsoft, including a multi-year Microsoft Azure Consumption Commitment and a new strategic partnership framework. The agreement aims to drive Insight's transformation to solutions integration and cloud offerings for clients, leveraging Microsoft's advanced technologies. Insight will further propel its work with Microsoft to provide cutting-edge digital solutions and managed services built on Azure and Microsoft 365 for clients worldwide. The new agreement solidifies the growth of Insight's Azure-based ecommerce platform, serving as an incubation hub for new offerings on Azure Marketplace. Clients will realize streamlined transactions and more competitive products and services aligned to Microsoft from Insight's ecosystem of more than 6,000 partners.
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Insight Enterprises, Inc. (NSIT) announced the release of financial results for the quarter ended December 31, 2023. The company will host a conference call and live webcast at 9:00 a.m. ET on February 15, 2024, to discuss the results of operations.
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Insight Enterprises (NASDAQ: NSIT) has been recognized as one of Canada’s Best Employers 2024 by Forbes and Statista, ranking No. 294 overall and No. 16 among IT services companies. The company's innovative culture and commitment to providing an exceptional work environment for its nearly 1,000 teammates in Canada were highlighted. Insight Canada has experienced significant growth, becoming the third largest IT solutions provider in Canada, opening new national headquarters and modernizing its main client sustainability center in Montreal. The company also opened a new sustainability center in Calgary to accelerate hardware and software delivery to clients nationwide. Insight has also been certified as a Great Place to Work and has received various recognitions for its workplace diversity and inclusivity.
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Insight Enterprises (NSIT) Survey Reveals 66% of Companies Deployed Generative AI Tools to Workforce
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Insight Enterprises (NSIT) completes the acquisition of SADA, reinforcing its position as a leading Solutions Integrator in the cloud services and solutions space. The acquisition adds approximately 850 professionals dedicated to the Google Cloud ecosystem, increasing Insight’s overall team to more than 14,500 teammates across 26 countries to serve clients globally. SADA is a Google Cloud Premier Partner with 10 Google Cloud Specializations, including security, infrastructure, cloud migration, data analytics, application development, location intelligence, and machine learning. Insight's strategic objective of growing cloud services and solutions is further solidified through this acquisition.
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Insight Enterprises (NASDAQ: NSIT) releases winter 2023 edition of its Tech Journal, focusing on the impact of AI on business operations and predicting 2024 tech surprises.
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Insight Enterprises, Inc. (NSIT) to participate in upcoming investor conferences. CEO and CFO to present at Raymond James 2023 TMT and Consumer Conference on December 5, 2023, and at Sidoti Virtual Investor Conference on December 7, 2023. Webcast available at http://investor.insight.com/.
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Insight Enterprises (NSIT) recognized as Cisco's Americas IoT/Industry Partner of the Year and SMB Partner of the Year, USA West Area. The Geo Awards, announced at the Cisco Partner Summit, highlight top-performing partners in specific technology markets across a geographical region. Insight's partnership with Cisco focuses on delivering innovation and tailored solutions using the best Cisco products and technology for IoT, security, cloud, and data platforms.
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Insight Enterprises (NSIT) Ranks No. 20 on Fortune World’s Best Workplaces™ List, Reflecting Commitment to Inclusive Work Environments. Insight Enterprises (NASDAQ: NSIT) announced its ranking at No. 20 on the Fortune World’s Best Workplaces™ list. The accolade highlights the company’s commitment to creating inclusive and positive work environments. Insight also recently ranked No. 14 in IT services on the Forbes 2023 World’s Best Employers rankings. To qualify for the Fortune World’s Best Workplaces list, companies must appear on at least five Great Place to Work Best Workplaces™ lists, with at least 40% of employees located outside the headquarters country.
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FAQ
What is the current stock price of Insight Enterprises (NSIT)?
The current stock price of Insight Enterprises (NSIT) is $172.72 as of January 22, 2025.
What is the market cap of Insight Enterprises (NSIT)?
The market cap of Insight Enterprises (NSIT) is approximately 5.5B.
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
5.54B
31.36M
1.24%
115.8%
5.28%
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