Welcome to our dedicated page for Insight Enter news (Ticker: NSIT), a resource for investors and traders seeking the latest updates and insights on Insight Enter stock.
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.
Bookmark this page for streamlined access to Insight Enterprises' verified corporate communications. Combine these updates with Stock Titan's financial analysis tools to monitor NSIT market performance in context of industry developments.
Insight Enterprises (NASDAQ: NSIT) has been recognized for the second consecutive year at the Microsoft Security 20/20 Awards, winning the title of Microsoft Azure Security Deployment Partner of the Year. This honor highlights the company's excellence in integrating Microsoft technology into security solutions for clients. The award ceremony took place on May 12, showcasing 18 categories recognizing partners who excelled in security and compliance during the past year. Insight aims to continue leveraging Microsoft’s security innovations to enhance client operations in 2022.
Insight Enterprises (Nasdaq: NSIT) will participate in the 49th Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 25, 2021, at 11:00 A.M. ET. The presentation will feature Ken Lamneck, CEO, and Glynis Bryan, CFO. Investors can watch the live broadcast on the company's investor relations website at investor.insight.com, where additional resources are available.
Insight is a Fortune 500 IT provider assisting businesses of all sizes in managing their IT environments.
Insight Enterprises (NASDAQ: NSIT) announced the retirement of Ken Lamneck as President and CEO effective December 31, 2021. Lamneck, who has been with the company since 2010, will assist in the search for his successor while transitioning to an advisory role. Under his leadership, sales grew from $4.1B in 2009 to $8.3B in 2020, with the stock price rising from $11.42 to over $100, marking an 800% increase.
Lamneck's leadership cultivated a culture of inclusivity, earning numerous accolades.
Insight Enterprises reported Q1 2021 results with net sales of $2.2 billion, a 2% increase year over year. Earnings from operations rose 27% to $67 million, while diluted EPS reached $1.18, up 24%. Adjusted EPS was flat at $1.30. North American sales decreased 1%, but EMEA and APAC saw increases of 14% and 17%, respectively. Gross profit rose 2% to $331 million, though gross margin contracted slightly. The company authorized a $125 million stock repurchase program and maintained guidance for 2021, projecting 4% to 8% sales growth and adjusted diluted EPS between $6.60 and $6.80.
Insight Enterprises (NASDAQ: NSIT) is hosting a virtual roundtable today at 2 p.m. EDT titled "Westerra’s Journey to Modern IT." The event will showcase how Westerra Credit Union successfully navigated the COVID-19 pandemic to enhance its remote work capabilities through Virtual Desktop Infrastructure (VDI) alongside Insight and VMware. Keynote speaker Daniel Groves will share insights on maintaining service for 120,000 members while securing remote access. The roundtable will also feature a Q&A session allowing participants to discuss adaptations to support remote work.
Jeff Shumway, CIO of Insight Enterprises (NASDAQ:NSIT), was named Global CIO of the Year at the 2021 ORBIE Awards. His leadership has resulted in significant integrations, including unifying 11 ERP systems post-acquisition of PCM, Inc. Other executives, John Dathan and Samuel C. Cowley, were also recognized as finalists for their contributions. Dathan led a team expansion to over 630 members, while Cowley's legal team has established innovative programs, enhancing Insight's operational efficiency amidst the pandemic. Insight's focus on technology integration continues to drive business growth.
Insight Enterprises (Nasdaq: NSIT) will announce its financial results for Q1 2021 on May 6, 2021, before market open. A conference call and live webcast will follow at 9:00 a.m. ET to discuss the operational results. Interested participants can register for the call via the provided event link, where they will receive dial-in details and instructions. The company, a Fortune 500 IT provider, aids various organizations in optimizing their IT environments to achieve significant business outcomes.
FAQ
What is the current stock price of Insight Enter (NSIT)?
What is the market cap of Insight Enter (NSIT)?
