Insight Enter Stock Price, News & Analysis

Insight Enterprises has been awarded three prestigious titles by Cisco for 2022: Americas Commercial Partner of the Year, USA East Innovation Partner of the Year, and Canada SMB Partner of the Year. These accolades highlight Insight's commitment to innovative business practices and successful collaboration with Cisco in critical areas like cybersecurity and digital transformation. Insight is also recognized for its dedication to environmental sustainability through Cisco's global certification. The awards reflect Insight's ongoing ambition to be a leading solutions integrator in the modern digital landscape.

Insight Enterprises (NASDAQ: NSIT) has released the winter 2022 edition of its Tech Journal, focusing on automation's role in enhancing employee satisfaction and operational efficiency. The issue highlights various strategies for leveraging automation within organizations, emphasizing its potential to alleviate tedious tasks and boost innovation. Key articles cover topics such as making informed automation decisions, creating transformative employee experiences, and improving leadership. Insight is recognized for its capabilities in supporting digital transformations for clients worldwide.

Insight Enterprises (NASDAQ:NSIT) announced the resignation of Emma de Sousa as President of its EMEA business, effective December 31, 2022. Over her nearly 20-year tenure, she was instrumental in leading the UK and EMEA operations. Adrian Gregory will succeed her as President, starting January 2, 2023, following a successful career at Atos SE. De Sousa will assist Gregory during the transition period. CEO Joyce Mullen expressed gratitude for de Sousa's leadership and commitment to an inclusive culture at the company.

Insight Enterprises (NASDAQ:NSIT) has successfully achieved all Microsoft Solutions Partner designations, including the exclusive seventh designation for Microsoft Cloud. This recognition underscores Insight's expertise across various Microsoft solution areas, enabling clients to enhance their investments in Microsoft technologies. Additionally, Insight has been awarded 12 Microsoft Partner of the Year awards in 2022. The company emphasizes its commitment to client success through digital transformation, which is validated by its strong partnership with Microsoft.

Insight Enterprises held its annual Synergy23 partner summit in Phoenix, drawing nearly 600 IT experts from around 100 technology providers. This year's theme, "Beyond," focused on Insight's ambition to lead as a solutions integrator in digital transformation. The company emphasized its role in providing comprehensive solutions that combine hardware, software, and services. Insight also recognized outstanding partners with awards, highlighting collaborations with major technology giants such as Microsoft, NVIDIA, and Cisco. With over 12,000 employees, Insight aims to assist organizations in maximizing technology value.

Insight Enterprises, Inc. (NASDAQ: NSIT) reported strong financial results for Q3 2022, with gross profit rising 10% to $399.3 million and earnings from operations increasing 9% to $90.3 million. Net sales reached $2.53 billion, a 4% year-over-year growth. Adjusted diluted earnings per share improved by 6% to $1.99, despite foreign currency and interest rate challenges. The company expects low double-digit net sales growth and adjusted diluted EPS between $8.65 and $8.75 for the full year 2022. Cloud solutions drove a remarkable 27% increase, showcasing robust performance amid economic volatility.

Insight Enterprises (NASDAQ: NSIT) will announce its financial results for Q3 2022 on November 3, 2022, before the market opens. A conference call is scheduled for 9:00 a.m. ET to discuss these results. Interested parties can register in advance to access the call, receiving necessary dial-in details via email. Insight is positioned as a Fortune 500 solutions integrator with over 11,500 employees, specializing in digital transformation and comprehensive technology solutions.

Insight Enterprises (NASDAQ:NSIT) has enhanced its managed security service with new extended detection and response (XDR) capabilities, improving security management for enterprises. This offering simplifies security while reducing operational costs and alleviating IT staff burdens. Key features include 24/7 visibility, machine learning analytics, rapid incident response, and cloud-native implementation. With over 1,500 security experts, Insight aims to deliver an outcome-based service that minimizes security fatigue among clients, evidenced by successful real-time threat detection in client environments.