Insight Enter Stock Price, News & Analysis

Insight Enterprises, Inc. (Nasdaq: NSIT) will release its financial results for the quarter and full year ended December 31, 2021 before market open on February 10, 2022.

The company will host a conference call and live webcast at 9:00 a.m. ET to discuss the results, accessible through their investor relations page.

Insight Enterprises, Inc. (Nasdaq: NSIT) will participate in the 24th Annual Needham Virtual Growth Conference on January 12, 2022, at 4:15 PM ET. The presentation will feature Joyce Mullen, President and CEO, alongside Glynis Bryan, CFO. Investors can watch the conference live at investor.insight.com for access to webcasts and investor materials. Insight, a Fortune 500 company, delivers Intelligent Technology Solutions™ to a diverse clientele, ranging from small businesses to global enterprises and governmental organizations.

Insight Enterprises (NASDAQ:NSIT) has released its winter 2021 edition of the Tech Journal, showcasing how organizations are transforming through innovative IT strategies. CEO Joyce Mullen emphasizes the importance of improving operational efficiency and flexibility for IT departments in 2022. The issue features insights from industry leaders, including Danny Allan of Veeam and Mike Starkey of Christy Sports, on leveraging new technology to enhance business performance. The Tech Journal serves as a resource for IT executives navigating the evolving digital landscape.

Insight Enterprises, Inc. (NASDAQ: NSIT) will participate in the Raymond James Technology Investors Conference on December 8, 2021, at 10:30 AM ET. The event will feature CFO Glynis Bryan and President of North America Joyce Mullen.

The presentation will be streamed live on the company's investor website at http://investor.insight.com/. Insight Enterprises is a Fortune 500 global IT provider offering Intelligent Technology Solutions™ for businesses, governments, and educational institutions.

Insight Enterprises (NASDAQ: NSIT) recently hosted its annual Synergy 22 partner summit, attracting 1,100 IT experts from 250 tech companies. The conference's theme, “Be Ambitious,” highlighted discussions on enhancing digital transformation initiatives. Key survey findings revealed that 47% of IT decision-makers are directing funds towards business transformation. Insight, with over 6,000 partnerships, awarded numerous partners for exceptional collaboration.

Amid increased investment in digital solutions, the focus remains on innovation in cybersecurity, AI, and modern workplace experiences.

Insight Enterprises' 2022 report reveals that 95% of IT decision makers indicate the pandemic has accelerated business transformation priorities. Key findings include that 63% are seeking new talent, while 89% are shifting more IT projects to external partners. A significant 91% report being impacted by IT supply chain disruptions. Investment priorities for IT leaders focus on security (51%), cloud infrastructure (37%), and data analytics (37%). The report emphasizes the importance of outside collaboration to navigate IT challenges and drive transformation.

Insight Enterprises (NASDAQ: NSIT) has been awarded the Cisco Partner Summit Global award as the 2021 IoT/Industry Partner of the Year. This recognition highlights Insight's innovative practices and successful strategies in addressing business challenges through IoT solutions. The award reflects the strong partnership between Insight and Cisco, demonstrating their commitment to enhancing service levels and operational efficiency for clients. Cisco's senior vice president praised Insight for its superior performance and ability to deliver value to customers.

Insight Enterprises reported a strong third quarter for 2021, with net sales soaring 26% year over year to $2.45 billion. Gross profit also rose by 19% to $364.5 million, despite a 100 basis point contraction in gross margin to 14.9%. Earnings from operations jumped 35%, reaching $83.2 million. Notably, diluted earnings per share increased 37% to $1.51. The company anticipates low double-digit net sales growth for the full year and predicts adjusted diluted earnings per share between $7.00 and $7.10.