NSIT Stock Recent News

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.

Evaluate Insight Enterprises' (NSIT) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Insight Enterprises (NSIT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

The headline numbers for Insight Enterprises (NSIT) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

While the top- and bottom-line numbers for Insight Enterprises (NSIT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.