NSIT Stock Recent News

CHANDLER, Ariz.--(BUSINESS WIRE)-- #Azure--Insight Enterprises (NASDAQ: NSIT) today announced the appointment of James Morgado to the role of chief financial officer, effective Jan. 1, 2025. Morgado will report to Insight CEO Joyce Mullen and, in January, will replace CFO Glynis Bryan, who announced her intent to retire earlier this year. Insight also announced that Deloitte alum Janet Foutty and ERM CEO and Boston Consulting Group (BCG) alum Tom Reichert joined its Board of Directors, effective Aug. 30.

Insight Enterprises Inc (NASDAQ:NSIT ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants James Morgado - SVP of Finance & North America CFO Joyce Mullen - President, CEO & Director Glynis Bryan - CFO Conference Call Participants Joseph Cardoso - JPMorgan Matt Sheerin - Stifel Adam Tindle - Raymond James Anthony Lebiedzinski - Sidoti & Company LLC Vincent Colicchio - Barrington Research Operator Hello, and welcome to the Insight Enterprises Second Quarter 2024 Operating Results. My name is Kiki.

Although the revenue and EPS for Insight Enterprises (NSIT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Insight Enterprises (NSIT) came out with quarterly earnings of $2.46 per share, missing the Zacks Consensus Estimate of $2.85 per share. This compares to earnings of $2.56 per share a year ago.

CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) today reported financial results for the quarter ended June 30, 2024. Highlights include: Gross profit increased 5% year over year to $453.4 million with gross margin expanding 260 basis points to 21.0% Insight Core services gross profit grew 12% year over year Cloud gross profit grew 21% year over year Consolidated net earnings grew 9% to $87.4 million, year over year Adjusted earnings before interest, t.

Insight Enterprises rated as a buy due to benefits from the rising adoption of AI solutions and higher-margin software sales. NSIT is positioned to benefit from the PC refresh cycle and adoption of AI PCs. Relative multiple gaps vs. peers could close if the Company continues to grow topline faster than peers and expand net margins.

CHANDLER, Ariz.--(BUSINESS WIRE)-- #Azure--Insight Enterprises (NASDAQ:NSIT), a Microsoft Azure Expert Managed Service Provider and Featured Partner for Microsoft Fabric, has launched a fast-start service that accelerates the adoption of data analytics across the enterprise through the use of Microsoft Fabric. Companies seeking to implement generative AI and analytics often struggle to access the necessary data due to its various formats and locations within the organization. A data fabric enables acces.

CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (Nasdaq: NSIT) (the “Company”) today announced that it is scheduled to participate in the following upcoming investor conference: Stifel 2023 Cross Sector Insight Conference Tuesday, June 4, 2024, 11:30 AM ET Participants: Joyce Mullen, CEO and Glynis Bryan, CFO The Insight presentation will be broadcast live over the Internet at http://investor.insight.com/ where you can also view other recent webcasts, downloadable slide presentation.

CHANDLER, Ariz.--(BUSINESS WIRE)-- #Azure--Insight Enterprises (NASDAQ: NSIT) is playing a key role in testing next-generation devices equipped to take full advantage of the new AI-featured Windows operating system update announced Monday by Microsoft. Insight will be among the first to adopt Windows-based AI PCs with dedicated neural processing units (NPU) powered by Qualcomm Snapdragon X Elite processors. The devices by Microsoft Surface, Dell, HP and Lenovo will feature the new Windows 11 always-on A.

CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) announced today that it has priced $500 million aggregate principal amount of 6.625% senior notes due 2032 (the “notes”). The Company expects to use the net proceeds of the offering to repay a portion of the outstanding borrowings under its senior secured revolving credit facility due 2027 and, to the extent of any remaining net proceeds, for general corporate purposes. The sale of the notes is expected t.