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Insight Enterprises Inc (NSIT), a Fortune-ranked global IT solutions provider, maintains this centralized news resource for investors and technology professionals. Access official press releases and curated updates covering strategic initiatives across cloud transformation, digital innovation, and enterprise IT infrastructure.
This repository serves as a comprehensive reference for tracking NSIT's market movements, including earnings announcements, technology partnerships, and leadership updates. Content spans product launches, client success stories, and industry recognition while maintaining compliance with financial disclosure standards.
Regular updates ensure stakeholders stay informed about Insight's progress in key focus areas: optimizing hybrid cloud environments, enabling secure connected workforces, and delivering intelligent supply chain solutions. The curated format allows quick scanning of developments impacting both enterprise clients and investor considerations.
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Insight Enterprises reported strong financial results for the quarter and full year ended December 31, 2022. Gross profit rose 9% to $420.6 million, with a record gross margin of 16.8%. Earnings from operations increased by 22% to $114.0 million. Adjusted earnings from operations grew 25% to $128.3 million. Despite a 2% decline in net sales for Q4, full-year net sales reached $10.4 billion, a rise of 11%. Diluted earnings per share for Q4 rose to $2.13, marking a 26% increase. For 2023, the firm expects high single-digit gross profit growth and adjusted EPS between $9.90 and $10.10.
Insight Enterprises (NASDAQ: NSIT) held its annual Amplify 23 sales conference in
Insight Enterprises, Inc. (NASDAQ: NSIT) announced it will release its financial results for the quarter ended December 31, 2022, before market open on February 9, 2023. A conference call will follow at 9:00 a.m. ET to discuss the operational results. Investors can access the call via a live webcast, with replays available afterward. Insight is a Fortune 500 solutions integrator, focusing on digital transformation and IT solutions.
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.