Insight Enter Stock Price, News & Analysis

Insight Enterprises has acquired Hanu Software Solutions, a Microsoft Azure Expert Managed Services Provider, to enhance its cloud service capabilities. Hanu, recognized in Gartner's Magic Quadrant, has a strong track record in cloud migration and management. This acquisition aims to expand Insight's global reach and strengthen its cloud solutions delivery, leveraging Hanu's expertise and recruitment engine in India. The strategic move is expected to accelerate Insight's growth and client service offerings, contributing positively to their digital transformation initiatives.

Insight Enterprises, Inc. (Nasdaq: NSIT) announces participation in the Stifel 2022 Cross Sector Insight Conference on June 8, 2022, at 2:25 PM ET. CFO Glynis Bryan and SVP Finance James Morgado will represent the company. The presentation will be streamed live, accessible at investor.insight.com, where additional investor resources, including recent webcasts, can also be found. As a Fortune 500 solutions integrator, Insight helps organizations accelerate their digital journey with over 33 years of IT expertise.

Insight Enterprises has been awarded the Intel 2022 U.S. Partner of the Year for Innovation for its collaboration in boosting Intel's growth in the cloud sector. This recognition, announced at the Intel Vision 2022 conference on May 10-11 in Dallas, marks Insight's third consecutive award in this category. Utilizing their proprietary SnapStart tool, Insight effectively supports cloud migrations for enterprises, ensuring optimal resource allocation. Additionally, Insight Canada received the Canada Partner of the Year for its expertise in IoT and AI applications.

Insight Enterprises has secured the No. 373 position on the 2021 Fortune 500 list, marking its 12th consecutive year as a Fortune 500 company. The company ranks as the sixth largest IT services corporation. Insight provides solutions for digital transformation, enhancing productivity and cybersecurity while managing operational costs. The firm invests in skilled talent to support its vision as a leading solutions integrator. Additionally, Insight has received accolades for workplace quality and diversity.

Insight Enterprises (Nasdaq: NSIT) has announced its participation in the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference on May 24, 2022, at 4:50 PM ET. The event will feature a live presentation by Glynis Bryan, the company's CFO, and can be streamed online via this link. Insight Enterprises is a Fortune 500 solutions integrator, dedicated to helping organizations enhance their digital journey and maximize technology value.

Insight Enterprises (NASDAQ:NSIT) has been awarded the IoT Partner of the Year by Cradlepoint, recognizing its significant growth and commitment to client service in the Wireless WAN market over the past year. This accolade highlights the strategic partnership between Insight and Cradlepoint, emphasizing the importance of innovative connectivity solutions for businesses. Rob Parsons, practice director at Insight, expressed the company's dedication to fostering growth through tailored solutions, while Cradlepoint noted Insight's efforts in promoting 5G technology for enhanced network solutions.

Insight Enterprises (NASDAQ:NSIT) has been named a finalist in Fast Company’s 2022 World Changing Ideas Awards for its Community Wireless Broadband solution. This initiative aids municipalities and schools in establishing Wi-Fi networks, particularly benefiting underserved communities. Locations like Hidalgo County, Texas and Tucson, Arizona have seen the implementation of this service, which aims to bridge the digital divide.

Moreover, the awards recognize innovative projects that promote social change, with over 600 entries assessed globally.

Insight Enterprises reported a solid first quarter for 2022, achieving record net sales of $2.65 billion, a 21% increase year-over-year. Gross profit rose 14% to $378.9 million, while earnings from operations climbed 19% to $79.8 million. Adjusted diluted earnings per share surged 39% to $1.81. North American sales increased 25%, indicating strong market demand, although gross margin contracted by 80 basis points to 14.3%. For the full year, the company projects low double-digit sales growth and adjusted earnings per share of $7.95 to $8.15.

Insight Enterprises has appointed Dee Burger as president of its North America business, enhancing its focus on client transformation solutions. With 30 years at Capgemini, Burger's expertise spans cloud infrastructure, data insights, and consulting. He aims to leverage Insight's technical capabilities to drive critical transformation initiatives for clients. The company emphasizes its commitment to delivering excellence and fostering its team's growth under Burger's leadership.