MARKET COMPOSITE
NSIT - Insight Enterprises Inc.8:00:00 PM 5/2/2024
Price
$178.42
+ 5.20 (3.00%)
Insight Enterprises Inc. is an Arizona-based publicly traded global technology company that focuses on business-to-business and information technology capabilities for enterprises. Insight focuses on four, primary areas: Supply chain optimization, cloud and data center transformation, connected workforce, and digital innovation. The company is listed on the Fortune 500 and has offices in 19 countries. Hard Drives International was founded in 1988 by Eric and Tim Crown. Initially a mail order business selling computer storage, the company expanded into a storefront when credit card companies wouldn't service startup mail order firms. In 1991, the company changed its name to Insight Enterprises, and distribution included a full line of computers and accessories. The company held its initial public offering in January 1995.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue2.4B+6%
Gross Profit440.9MM+1%
Cost Of Revenue1.9B+8%
Operating Income100MM-24%
Operating Expenses340.9MM-
Net Income67MM-26%
G&A337.4MM+13%
Amortization14.9MM+36%
Interest Expense12.6MM+34%
Stock Chart

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Stock news

    Robust Growth in Core Services and Cloud Segments Drive Performance

    CHANDLER, Ariz., May 02, 2024--Insight Enterprises, Inc. (NASDAQ: NSIT) (the "Company") today reported financial results for the quarter ended March 31, 2024. Highlights include:

    CHANDLER, Ariz., May 02, 2024--Insight Enterprises, Inc. (Nasdaq: NSIT) (the "Company"), announced today that Glynis Bryan plans to retire as Chief Financial Officer effective December 31, 2024. Ms. Bryan, 65, has been with the Company since December 17, 2007. Ms. Bryan will continue to serve as the Chief Financial Officer through the end of the year. She will then transition to an advisory role.

    CHANDLER, Ariz., May 01, 2024--Insight Enterprises (NASDAQ: NSIT) announced it has acquired Infocenter, a fast-growing pure-play ServiceNow Elite Partner, adding a full complement of ServiceNow consulting, implementation and managed services to its automation solutions portfolio.

    With its stock down 1.9% over the past three months, it is easy to disregard Insight Enterprises (NASDAQ:NSIT). But if...

    CHANDLER, Ariz., April 18, 2024--Insight Enterprises, Inc. (Nasdaq: NSIT) (the "Company") today announced that it will release financial results for the quarter ended March 31, 2024, prior to market open on May 2, 2024, and will also host a conference call and live webcast at 9:00 a.m. ET to discuss the results of operations. The live webcast and replays of the conference call can be accessed at: http://investor.insight.com/

    CHANDLER, Ariz., April 18, 2024--A survey released today by Insight Enterprises (NASDAQ: NSIT) in partnership with The Harris Poll found that 75% of employees believe investing in AI-powered devices1 will help their employer stay competitive, and a similar number (73%) expect to be more productive in their daily lives. Despite optimism around next-gen, on-device AI, close to half (45%) are cautious that AI-powered devices will make what they do less relevant to their employer.

    CHANDLER, Ariz., April 17, 2024--Insight Enterprises (NASDAQ: NSIT), a global Solutions Integrator driving client success through digital transformation, announced today it has achieved Microsoft verified Managed Extended Detection and Response (MXDR) solution status for its new Insight MXDR security service.

    CHANDLER, Ariz., April 11, 2024--Insight Enterprises (NASDAQ:NSIT), a global Solutions Integrator driving client success through digital transformation, has released its 2024 Insight Corporate Citizenship Report, emphasizing the company’s commitment to environmental, social and governance (ESG) initiatives. Insight’s sixth annual report illustrates a focus on ethical business practices in accordance with its membership in the United Nations Global Compact.

    CHANDLER, Ariz., March 19, 2024--Insight Enterprises (NASDAQ: NSIT), a global Solutions Integrator driving client success through digital transformation, has been awarded the 2024 NVIDIA Partner Network (NPN) Americas Software Partner of the Year award for its exceptional work assisting clients across industries with software, systems and services to integrate AI into their business.