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Insight Enterprises, Inc. (Nasdaq:NSIT) (the “Company”) today reported results of operations for the quarter ended March 31, 2017.  In the first quarter of 2017, consolidated net sales were $1.48 billion, up 26% year over year.  This improvement reflects both strong organic growth and the acquisition of Datalink on January 6, 2017. Consolidated earnings from operations in the first quarter of 2017 increased 68% year over year to $23.0 million and diluted earnings per share increased to $0.38 compared to $0.18 for the first quarter of 2016.  Adjusted diluted earnings per share was $0.56 in the first quarter of 2017 compared to $0.21 reported in the first quarter of last year.* “In the first quarter, our team delivered double digit organic sales and gross profit growth across our largely fixed expense base which drove Adjusted earnings from operations up more than 100% year over year.  Through new client wins and new projects with existing clients in the first quarter, we gained market share in the data center and software categories while holding our own with devices,” stated Ken Lamneck, President and Chief Executive Officer.  “In addition, we closed the acquisition of Datalink early in the first quarter which added about $130 million to our top line and was a small positive contributor to Adjusted earnings from operations for the quarter.  Integration efforts are underway and we remain excited about the long-term opportunities for the combined business,” stated Lamneck. •    Consolidated net sales of $1.48 billion for the first quarter of 2017 increased 26% compared to the first quarter of 2016. •    Excluding the effects of fluctuating foreign currency exchange rates, consolidated net sales increased 29% year over year, with net sales growth in North America and EMEA of 34% and 20%, respectively, and a decline in APAC of 9% year over year. •    Consolidated gross profit of $208.2 million increased 29% compared to the first quarter of 2016, with consolidated gross margin increasing to 14.1% of net sales. •    Excluding the effects of fluctuating foreign currency exchange rates, consolidated gross profit increased 32% year over year, and gross profit in North America, EMEA and APAC increased 41%, 8% and 21%, respectively, year over year. •    Consolidated earnings from operations increased 68% compared to the first quarter of 2016 to $23.0 million, or 1.6% of net sales. •    Excluding the effects of fluctuating foreign currency exchange rates, consolidated earnings from operations increased 74% year over year, and earnings from operations in North America and APAC increased 120% and 116%, respectively, year over year.               •    Adjusted consolidated earnings from operations increased 104% year over year to $30.6 million, or 2.1% of net sales, for the first quarter of 2017.*               •    Consolidated net earnings and diluted earnings per share for the first quarter of 2017 were $13.8 million and $0.38, respectively, at an effective tax rate of 26.2%, which includes $2 million of tax benefits recognized on the settlement of employee share-based awards in accordance with a new accounting standard, which was adopted effective January 1, 2017. •    Adjusted consolidated net earnings and Adjusted diluted earnings per share for the first quarter of 2017 were $20.2 million and $0.56, respectively.* * In discussing financial results for the three months ended March 31, 2017 and 2016 in this press release, the Company refers to certain financial measures that are not prepared in accordance with United States generally accepted accounting principles (“GAAP”).  When referring to non-GAAP measures, the Company refers to such measures as “Adjusted.”  Adjusted measures exclude (i) severance and restructuring expenses, (ii) certain acquisition-related expenses and (iii) the tax effects of these items.  See “Use of Non-GAAP Financial Measures” for additional information.  A tabular reconciliation of financial measures prepared in accordance with GAAP to the non-GAAP financial measures is included at the end of this press release. The Company refers to changes in net sales, gross profit and earnings from operations on a consolidated basis and in North America, EMEA and APAC excluding the effects of fluctuating foreign currency exchange rates.  In computing these changes and percentages, the Company compares the current year amount as translated into U.S. dollars under the applicable accounting standards to the prior year amount in local currency translated into U.S. dollars utilizing the weighted average translation rate for the current period. The tax effect of Adjusted amounts referenced herein were computed using the statutory tax rate for the taxing jurisdictions in the operating segment in which the related expenses were recorded, adjusted for the effects of valuation allowances on net operating losses in certain jurisdictions. For the full year 2017, the Company now expects its business to deliver sales growth of 15% to 18% compared to 2016.  The Company is also increasing its Adjusted diluted earnings per share outlook for the full year 2017 to $3.03 to $3.13. This outlook assumes an effective tax rate of approximately 38% for the balance of 2017. This outlook also excludes severance and restructuring and acquisition-related expenses incurred during the first quarter of 2017 and those that may be incurred during the balance of 2017.  Due to the inherent difficulty of forecasting these types of expenses, which impact net earnings and diluted earnings per share, the Company is unable to reasonably estimate the future impact of such expenses, if any, to net earnings and diluted earnings per share.  Accordingly, the Company is unable to provide a reconciliation of GAAP to non-GAAP diluted earnings per share for the full year 2017 forecast. The Company will host a conference call and live web cast today at 5:00 p.m. ET to discuss first quarter 2017 results of operations.  A live web cast of the conference call (in listen-only mode) will be available on the Company’s web site at http://nsit.client.shareholder.com/events.cfm, and a replay of the web cast will be available on the Company’s web site for a limited time following the call.  To listen to the live web cast by telephone, call 1-877-402-8904 if located in the U.S., 678-809-1029 for international callers, and enter the access code 4635722. NSIT-F USE OF NON-GAAP FINANCIAL MEASURES The non-GAAP financial measures (referred to as Adjusted consolidated earnings from operations, Adjusted consolidated net earnings and Adjusted diluted earnings per share) exclude (i) severance and restructuring expenses, (ii) certain acquisition-related expenses and (iii) the tax effects of these items.  The Company excludes these items when internally evaluating earnings from operations, tax expense, net earnings and diluted earnings per share for the Company and earnings from operations for each of the Company’s operating segments.  These non-GAAP measures are used to evaluate financial performance against budgeted amounts, to calculate incentive compensation, to assist in forecasting future performance and to compare the Company’s results to those of the Company’s competitors.  The Company believes that these non-GAAP financial measures are useful to investors because they allow for greater transparency, facilitate comparisons to prior periods and the Company’s competitors’ results and assist in forecasting performance for future periods.  These non-GAAP financial measures are not prepared in accordance with GAAP and may be different from non-GAAP financial measures presented by other companies.  Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP.  *   Percentage change not considered meaningful. ** Change in sales mix represents growth/decline in category net sales on a U.S. dollar basis and does not exclude the effects of fluctuating foreign currency exchange rates. ** Change in sales mix represents growth/decline in category net sales on a U.S. dollar basis and does not exclude the effects of fluctuating foreign currency exchange rates. Certain statements in this release and the related conference call and web cast are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements, including the Company’s expected 2017 financial results, including sales growth rates and Adjusted diluted earnings per share, and the assumptions relating thereto, including the Company’s effective tax rate for 2017 are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified.  Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.  There can be no assurances that the results discussed by the forward-looking statements will be achieved, and actual results may differ materially from those set forth in the forward-looking statements.  Some of the important factors that could cause the Company’s actual results to differ materially from those projected in any forward-looking statements, include, but are not limited to, the following, which are discussed in “Risk Factors” in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 and in other of the Company’s filings with the Securities and Exchange Commission: Additionally, there may be other risks that are otherwise described from time to time in the reports that the Company files with the Securities and Exchange Commission.  Any forward-looking statements in this release should be considered in light of various important factors, including the risks and uncertainties listed above, as well as others.  The Company assumes no obligation to update, and, except as may be required by law, does not intend to update, any forward-looking statements.  The Company does not endorse any projections regarding future performance that may be made by third parties.


TEMPE, Ariz., Feb. 15, 2017 (GLOBE NEWSWIRE) -- Insight (Nasdaq:NSIT), a leading provider of Intelligent Technology Solutions™ to organizations of all sizes, today announced it has been identified by Gartner, Inc. in the “Magic Quadrant for Managed Workplace Services, North America.”1 Gartner defines managed workplace services (MWS) as including traditional end-user outsourcing “as well as new digital workplace services to provide cloud-first, automated and integrated support to end users.” A complimentary copy of the full report is available from Insight by visiting https://goo.gl/EBzxUg. According to Gartner, “The main goal of MWS is to provide integrated and ubiquitous workplace services to employees to increase their engagement and productivity while leveraging their digital dexterity to support the organization's digital business strategy.” “We feel Gartner’s recognition of our solutions in the managed workplace market is a powerful step in our continued evolution as a provider of Intelligent Technology Solutions™,” said Ken Lamneck, president and chief executive officer at Insight. “Insight advises organizations on how to both manage and transform their IT to run smarter and move the needle in their industries. As our clients work to gain competitive advantages, Insight will be there as their trusted partner connecting them with the right technology and partners to enable their success.” Insight believes this recognition is based on our compelling portfolio of total technology and service solutions. Insight has made important investments in our business in the last year, including the acquisition of Datalink, to expand data center capabilities, and BlueMetal, an interactive design and technology architecture firm. “We believe our consistent track record for delivering managed workplace services through a focused and measured approach was a main factor for our inclusion to the quadrant by Gartner,” said Steve Dodenhoff, president Insight U.S. “In 2020, 50% of end-user outsourcing deals will be centered in digital workplace transformation to support the growth of digital business,” according to Gartner. “We feel Insight is well-positioned to help our clients manage their needs and provide these critical MWS solutions for digital transformation,” said Dodenhoff. “We provide a reliable, hands-on and tailored solution that combines people, technology and automation for our clients.” According to Gartner, “The nature of work has drastically changed in the last decade. Most jobs today require an intensive use of technology. They require most workers to be productive in several locations rather than just the office space and, in many cases, outside of regular business hours.” “Our clients face more sophisticated, digitally-engaged customers, a shift of the workforce towards millennials and the explosion of the “gig-based” independent contractor model,” Senior Vice President of Services Mike Gaumond said. “Leveraging technology to fuel workforce productivity and retention in the face of this “triple threat” has become table stakes across most industries. Our MWS helps clients do just that.” Gartner notes that, “by 2020, the greatest source of competitive advantage for 30% of organizations will come from the workforce's ability to creatively exploit digital technologies.”1 “Insight optimizes the delivery of current-state digital workplace service, while keeping an eye on the horizon and evaluating emerging software offerings,” said Gaumond. “Our MWS solutions begin with a roadmap for continued success and responsive account management. We continue to be thoughtful about how we grow our MWS business. Allowing Insight to be both flexible and innovative with the evolution of the modern workplace.” Gartner Disclaimer Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Insight  From business and government organizations to healthcare and educational institutions, Insight empowers clients with Intelligent Technology™ solutions to realize their goals. As a Fortune 500-ranked global provider of hardware, software, cloud and service solutions, our 6,000 teammates provide clients the guidance and expertise needed to select, implement and manage complex technology solutions to drive business outcomes. Through our world-class people, partnerships, services and delivery solutions, we help businesses run smarter. Discover more at insight.com. NSIT-M


News Article | February 28, 2017
Site: globenewswire.com

TEMPE, Ariz., Feb. 28, 2017 (GLOBE NEWSWIRE) -- Insight (Nasdaq:NSIT), a leading provider of Intelligent Technology Solutions™ to organizations of all sizes, proudly announces it has been selected as the 2016 Corporate Reseller of the Year by Veeam® Software, which was announced at the second annual Veeam Impact Partner Awards™ on January 11, 2017. Together with Veeam, Insight offers software for backup and recovery, data protection and end-to-end storage for the modern data center. Insight provides Veeam Availability solutions to our clients, including first-class support, expert knowledge and continuing education. This partnership allows Insight to outfit growing businesses within the small to mid-sized business (SMB) category as well as enterprise organizations with: “Thank you Veeam for naming Insight as your Corporate Reseller of the Year,” said Bob Kane, senior vice president of product management at Insight. “These distinctions reflect our commitment to partnering with leading vendors and providing our clients with Intelligent Technology Solutions™ to transform their business. With Veeam, our clients have access to modern data center and virtual environment solutions that enhance their operations to help them run smarter.” “We are excited to recognize and honor Insight as the Corporate Reseller of the Year,” said Kevin Rooney, vice president of North American Channel Sales at Veeam. “Our partnership with Insight has enabled us to provide Veeam Availability solutions to our joint customers, empowering them to meet the ongoing demands of 24.7.365 availability. We extend our congratulations to Insight and look forward to an even more successful and collaborative 2017.” Insight was recognized as Veeam Corporate Reseller of the Year for implementing an innovative sales and marketing approach that drove net new customer acquisition, higher revenue and increased Veeam’s market share. Veeam is an innovative provider of solutions that deliver Availability for the Always-On Enterprise™. From business and government organizations to healthcare and educational institutions, Insight empowers clients with Intelligent Technology™ solutions to realize their goals. As a Fortune 500-ranked global provider of hardware, software, cloud and service solutions, our 6,000 teammates provide clients the guidance and expertise needed to select, implement and manage complex technology solutions to drive business outcomes. Through our world-class people, partnerships, services and delivery solutions, we help businesses run smarter. Discover more at insight.com. NSIT-M


News Article | February 17, 2017
Site: globenewswire.com

TEMPE, Ariz., Feb. 17, 2017 (GLOBE NEWSWIRE) -- Insight (NASDAQ:NSIT), a leading provider of Intelligent Technology Solutions™ to organizations of all sizes, announces Chairman of the Board and Co-Founder Tim Crown and CIO Mike Guggemos will keynote the 2017 Phoenix Startup Week Event on Monday, February 20, from 4:30 p.m. - 5:30 p.m. at Galvanize, 515 E Grant St, Phoenix, AZ 85004. The Q&A format keynote will feature commentary on Crown’s startup experiences and highlight essential technology lessons to help startups scale their businesses from Guggemos’ CIO perspective. ”We understand that for new companies, access to the right IT infrastructure, data management perspective and a competitive device strategy can have a tangible impact on the business,” said Guggemos. “We know this first hand. Insight was started by two brothers making a big bet on themselves. Since then it has grown into a global Fortune 500 organization. Insight’s purpose is to help our clients’ businesses run smarter by offering the technology and solutions that make sense for each individual business case. To do so, we draw from a variety of places including our deep expertise in workplace technology and our own experience in growing and running a business.” The third-annual startup week is free to attend and is hosted in various local Phoenix locations. "Startup week offers incredibly valuable information to existing and new entrepreneurs of all shapes, backgrounds and sizes," said Crown. "If I was in a startup or thinking about starting a new business, Startup Week is where I would be." Insight offers a full range of Intelligent Technology Solutions™ for small to mid-sized businesses to help them run smarter and achieve their goals. From devices to cloud, networking to data centers and support, Insight connects organizations with technology to manage and transform their business. Tim Crown is the co-founder of Insight and currently Chairman of the Board. Tim is co-manager of AZ Crown Investments, a private investment firm, whose portfolio spans a range of sectors, including entertainment and media, energy and natural resources, financial and information services and technology. Tim takes an active role with these especially in the area of strategic planning, technology management along with operations and finance. Over the past 10 years, Crown has invested in over two dozen companies. Recent companies include Quickspark.com, Avaimobile.com and freestar.io. Cited by both Computerworld and CIO Magazine for his leadership skills, Guggemos is an advocate for what people can achieve when properly equipped and working toward a common goal. He is an Army veteran, Motorola alumni and the CIO of Fortune-500 Insight. Guggemos’ ability to identify goals and align different groups to achieve them brought him to Insight in 2010. His expansive knowledge of technology allowed him to provide value across a number of disciplines, including manufacturing, engineering and enterprise product creation. From business and government organizations to healthcare and educational institutions, Insight empowers clients with Intelligent Technology Solutions™ to realize their goals. As a Fortune 500-ranked global provider of hardware, software, cloud and service solutions, our 6,000 teammates provide clients the guidance and expertise needed to select, implement and manage complex technology solutions to drive business outcomes. Through our world-class people, partnerships, services and delivery solutions, we help businesses run smarter. Discover more at insight.com. NSIT-M


News Article | February 16, 2017
Site: www.prweb.com

Aligned Data Centers, a division of Aligned Energy, announced today that Insight (Nasdaq:NSIT), a leading provider of Intelligent Technology Solutions™ to organizations of all sizes, has signed a lease for power and space in their ultra-efficient, next-generation 30 MW, 300,000-square-foot Plano data center just outside the Dallas metro area. “Insight sets a high bar for technology and our new data center was no exception. We needed a partner to build a data center that would meet our current and future needs as we optimize our operations,” said Mike Guggemos, CIO at Insight. “We also needed a partner that understood our drive to help businesses run smarter. Aligned Data Centers provided the most powerful and efficient data center space that will allow us to enhance our capabilities for our clients. This means faster, more broad capabilities for our clients.” “Insight is a model Fortune 500 Company where strong leadership and an unparalleled expertise in providing technology services and solutions to their clients are reflective of the company’s culture and widely-respected reputation,” says Jakob Carnemark, CEO of Aligned Energy. “We are delighted to partner with them as their core values align with ours, and look forward to providing them with a flexible, reliable and highly efficient data center environment that allows them to scale as much as they need to during this phase of sustained growth.” Aligned Data Centers’ intelligent infrastructure, capable of supporting mixed power densities up to 50kW per rack, combined with its vertically integrated supply chain, allows customers like Insight more control to quickly scale their data center within their current space or when they need to provision more. Additionally, Insight receives the added benefit of operating in an evolved, hyper-efficient mission critical facility that guarantees an industry-low average of 1.15 PUE (Power Usage Effectiveness) where tenants benefit from flexible colocation services and substantial cost savings, including reduced operating costs associated with less water and energy consumption. About Insight From business and government organizations to healthcare and educational institutions, Insight empowers clients with Intelligent Technology™ solutions to realize their goals. As a Fortune 500-ranked global provider of hardware, software, cloud and service solutions, our 6,000 teammates provide clients the guidance and expertise needed to select, implement and manage complex technology solutions to drive business outcomes. Through our world-class people, partnerships, services and delivery solutions, we help businesses run smarter. Discover more at http://www.insight.com. About Aligned Data Centers Aligned Data Centers, a division of Aligned Energy Holdings LP, provides the data center as a utility for cloud and enterprise service providers who require greater control of data center costs and faster time-to-market. Aligned Data Centers’ evolved approach eliminates the need to forecast future IT demand and provides control over capacity, so its clients use less and can better align the data center to the needs of their business. For more information on Aligned Data Centers, please visit http://www.aligneddatacenters.com.


News Article | November 2, 2016
Site: globenewswire.com

TEMPE, Ariz., Nov. 02, 2016 (GLOBE NEWSWIRE) -- The gap between science fiction and science fact continues to close. This year’s Synergy event, Insight’s (NASDAQ:NSIT) annual partner forum, embraces the possibilities by focusing on the technological innovations shaping the future and the challenges and opportunities they represent. This year’s theme, “Exploring New Horizons Together,” highlights the innovation horizons that seem poised to break through for businesses and their customers. Conversations at the event will also explore what is possible as cloud goes mainstream and emerging technologies like the Internet of Things (IoT) and Technology as a Service take hold. The event keynote will be given by Jerry Michalski, a research affiliate from Institute for the Future (IFTF), a think tank that creates plausible forecasts (not predictions) about the future. Insight is a member of this Silicon-Valley organization’s 10 Year Forecast Program. Michalski will put a spotlight on critical inflection points to foster a thoughtful and informed conversation around people, business, society, technology and the future. “When you imagine what’s coming for future generations, three scenarios can help us understand the issues showing up over the horizon,” says Michalski. “In one, intelligence will enhance every object and service around us. In the second, barriers will tumble, former customers will become producers and service providers and our public and private worlds will meld. In the third, trust is central, as we tap into the potential of global-scale collaborations.” Synergy attracts more than nearly 400 key partners of Insight—some of the world’s best known technology brands. The gathering helps Insight and its partners align efforts for the coming year to better serve clients. “For businesses, the future has real-life implications today and tomorrow. Technology is changing how customers engage, how workers interact and perform, how infrastructure is optimized and how operational excellence can be achieved,” said Ken Lamneck, President and CEO, Insight. “Increasingly our world is going to look more different than the same, and we are excited to embrace and explore those horizons to better serve our partners, clients and the technology industry as a whole.” To learn more about Insight, visit http://www.insight.com/  or call 800-INSIGHT. From business and government organizations to healthcare and educational institutions, Insight empowers clients with Intelligent Technology™ solutions to realize their goals. As a Fortune 500-ranked global provider of hardware, software, cloud and service solutions, our 5,700 teammates provide clients the guidance and expertise needed to select, implement and manage complex technology solutions to drive business outcomes. Through our world-class people, partnerships, services and delivery solutions, we help businesses run smarter. Discover more at insight.com. NSIT-M


News Article | November 3, 2016
Site: globenewswire.com

TEMPE, Ariz., Nov. 03, 2016 (GLOBE NEWSWIRE) -- At Insight’s partner event, Synergy17 – Exploring New Horizons Together – the world’s leading technology companies came together at Sheraton Wild Horse Pass in Chandler, Ariz. for two days of presentations and discussions on strategy, marketing and growth. During the evening awards ceremony, Insight’s partners were recognized with awards celebrating our mutual successes. Each individual award was custom designed by talented local Phoenix artist, Roy Wasson Valle, to embody this year’s theme of collaboration and the opportunities that come with it. “The award is a combination of a machine and human hand. The design brings to the forefront the connection and collaboration taking place between Insight and its partners as they explore new horizons together,” said Wasson Valle. “I am honored to once again be a part of this process.” Last year, Wasson Valle created awards that recognized Insight’s partners in step with the company’s values of Hunger, Heart and Harmony as well as a unique piece of artwork labeled “The Heart of the Desert.” In 2013 a wildfire claimed the lives of 19 Granite Mountain Hot Shots, an elite firefighting squad in Yarnell, Ariz., leaving the community devastated by the tragedy. Valle reclaimed burned wood from amongst this destruction, giving it new purpose as the base of the Heart of the Desert Awards. These awards were delivered to Insight’s partners to show how exploring new horizons together makes a difference for the clients whom Insight serves: The following partner representatives were also recognized: “Our partnerships help better serve our clients by providing them with the necessary solutions for their unique business needs and goals, now and tomorrow. Moreover, these meaningful connections are the foundation for the future of business, allowing us to seek new possibilities and opportunities together,” said Bob Kane, SVP, product marketing, Insight. “Congratulations to all of the award winners on a fantastic year, and we are excited to see what 2017 brings.” For more information on Insight, visit http://www.insight.com/ or call 1.800.INSIGHT. From business and government organizations to healthcare and educational institutions, Insight empowers clients with Intelligent Technology™ solutions to realize their goals. As a Fortune 500-ranked global provider of hardware, software, cloud and service solutions, our 5,700 teammates provide clients the guidance and expertise needed to select, implement and manage complex technology solutions to drive business outcomes. Through our world-class people, partnerships, services and delivery solutions, we help businesses run smarter. Discover more at insight.com. NSIT-M


The Large Majority Say These Tools Are Important to Reaching Their Business Goals Seventy-six Percent Identify Increased Productivity as a Result of These Solutions TEMPE, Ariz., Feb. 13, 2017 (GLOBE NEWSWIRE) -- More than 80 percent of the respondents said collaboration technology solutions are either very or extremely important for meeting their organizations’ top business goals. According to the Insight-sponsored report by Harvard Business Review Analytic Services, which surveyed 421 professionals, “an even higher 90 percent said they expect collaboration technology to be very or extremely important to their organizations over the next two years.” The positive impact of collaboration technology, such as instant messaging, office applications, videoconferencing, smartphones and email, among many others, can notably improve an organization’s operational efficiency and competitiveness. In fact, the survey found that 79 percent said greater efficiency is an extremely valuable business result of collaboration tools, followed by: Despite the understood benefits, organizations have struggled with some aspects of collaboration tools, such as the inability to include contractors, consultants and other nonemployees (46 percent), complicated set up (40 percent) and difficulty of use (31 percent). “To mitigate these challenges, companies innovating in the space have continued to evolve these tools and technologies. We are seeing the proliferation of both new and next generation technologies specifically designed with simplicity and the non-tech end-user in mind. This will help ensure that your employees use them and that they generate their promised return on investment,” said Doug Fink, director, Collaboration Practice, Insight. Lead from the top down In order to build a collaborative and competitive workplace, C-level executives must lead the charge. The survey results revealed that these expectations aren’t quite met. While sixty-six percent agree that their collaborative culture needs to be led by C-level executives, only 50 percent believe their executives are modeling this behavior. “As with any organizational change, buy in from and leadership by the senior team is an imperative. They not only need to make a commitment in terms of investment, but also commit to using the tools themselves. For example, if your organization has employees all over the world, and having face-to-face interactions is important to the workplace culture, then videoconferencing should be a standard. This can also reduce the need for travel and its associated expenses, underscoring how adoption of these tools can have a clear ROI both in terms of culture and cost,” said Fink. This was an email survey. A total of 421 respondents were drawn from the Harvard Business Review audience of readers (magazine and e-newsletters customers and users of HBR.org). Eighteen percent of respondents were in general and executive management, 10 percent were in sales and business development, 8 percent were in IT/software engineering, 7 percent were in consulting, 7 percent were in HR/training, and another 7 percent were in R&D/innovation/product development. Other functions were represented by 6 percent or less of the respondent base. For more information on Insight, visit http://www.insight.com or call 1.800.INSIGHT. From business and government organizations to healthcare and educational institutions, Insight empowers clients with Intelligent Technology™ solutions to realize their goals. As a Fortune 500-ranked global provider of hardware, software, cloud and service solutions, our 6,000 teammates provide clients the guidance and expertise needed to select, implement and manage complex technology solutions to drive business outcomes. Through our world-class people, partnerships, services and delivery solutions, we help businesses run smarter. Discover more at insight.com. NSIT-M


NEW YORK, NY / ACCESSWIRE / November 7, 2016 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Datalink Corporation ("Datalink") (NASDAQ: DTLK) stock prior to November 7, 2016. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Datalink to Insight Enterprises, Inc. (NASDAQ: NSIT) for $11.25 per share. To learn more about the action and your rights, go to: or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes. NEW YORK, NY / ACCESSWIRE / November 7, 2016 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Datalink Corporation ("Datalink") (NASDAQ: DTLK) stock prior to November 7, 2016. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Datalink to Insight Enterprises, Inc. (NASDAQ: NSIT) for $11.25 per share. To learn more about the action and your rights, go to: or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


News Article | October 27, 2016
Site: globenewswire.com

TEMPE, Ariz., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Insight Enterprises, Inc. (NASDAQ:NSIT) (the “Company”) today reported results of operations for the quarter ended September 30, 2016. In the third quarter of 2016, consolidated net sales were $1.39 billion, up 4% year over year.  This improvement was driven by an increase in net sales reported in all three of the Company’s operating segments, including the generation of more than $1 billion of net sales by the Company’s North America operating segment during the third quarter. Consolidated earnings from operations in the third quarter of 2016 increased 12% year over year to $36.4 million and diluted earnings per share increased to $0.60 compared to $0.56 for the third quarter of 2015.  Adjusted diluted earnings per share was $0.62 in the third quarter of 2016 compared to $0.59 reported in the third quarter of last year.* "I am pleased to report another strong quarterly performance in our business.  Each of our operating segments delivered solid top-line growth, and we continued to manage expenses, which drove strong earnings growth year over year,” stated Ken Lamneck, President and Chief Executive Officer.  “The market is stable, and our business is healthy.  We believe we are well positioned heading into the fourth quarter to meet our financial and operational objectives for the full year,” added Lamneck. * In this press release, the Company refers to financial measures that are not prepared in accordance with United States generally accepted accounting principles (“GAAP”) in discussing financial results for the three and nine months ended September 30, 2016 and 2015.  When referring to non-GAAP measures, the Company refers to such measures as “Adjusted.”  Adjusted measures exclude severance and restructuring expenses recorded in all periods and the gain recorded in the second quarter of 2016 on an asset held for sale, as well as the tax effect of these items.  A tabular reconciliation of financial measures prepared in accordance with GAAP to non-GAAP financial measures is included at the end of this press release. The Company refers to changes in net sales, gross profit and earnings from operations on a consolidated basis and in North America, EMEA and APAC excluding the effects of fluctuating foreign currency exchange rates.  In computing these changes and percentages, the Company compares the current year amount as translated into U.S. dollars under the applicable accounting standards to the prior year amount in local currency translated into U.S. dollars utilizing the weighted average translation rate for the current period. The tax effect of Adjusted amounts referenced herein were computed using the statutory tax rate for the taxing jurisdictions in the operating segment in which the related expenses were recorded, adjusted for the effects of valuation allowances on net operating losses in certain jurisdictions. Given the Company’s year to date 2016 financial performance, the Company is maintaining its outlook that it expects net sales in 2016 to grow in the low single digit range year over year, and the Company is increasing its GAAP diluted earnings per share outlook for the full year 2016 to a range of $2.40 to $2.45.  Excluding the gain recorded on an asset held for sale and severance and restructuring expenses recorded during the nine months ended September 30, 2016, Adjusted diluted earnings per share for the full year 2016 is expected to be between $2.45 to $2.50.* This outlook reflects an effective tax rate in the fourth quarter of approximately 37% - 38%.  This outlook excludes severance and restructuring expenses and the gain on building sale recorded during the year. The per share effects of the items excluded from Adjusted diluted earnings per share are included in the tabular reconciliation of financial measures prepared in accordance with GAAP to non-GAAP financial measures at the end of this press release. The Company will host a conference call and live webcast today at 5:30 p.m. ET to discuss third quarter 2016 results of operations.  A live web cast of the conference call (in listen-only mode) will be available on the Company’s web site at http://nsit.client.shareholder.com/events.cfm, and a replay of the web cast will be available on the Company’s web site for a limited time following the call.  To listen to the live web cast by telephone, call 1-877-402-8904 if located in the U.S., 678-809-1029 for international callers, and enter the access code 4412980. NSIT-F USE OF NON-GAAP FINANCIAL MEASURES The non-GAAP financial measures (referred to as Adjusted consolidated earnings from operations, Adjusted consolidated net earnings and Adjusted diluted earnings per share) exclude severance and restructuring expenses and a gain on the sale of real estate for which a non-cash impairment charge was previously reported, as well as the tax effect of these items.  The Company excludes these items when internally evaluating earnings from operations, tax expense, net earnings and diluted earnings per share for the Company and earnings from operations for each of the Company’s operating segments.  These non-GAAP measures are used to evaluate financial performance against budgeted amounts, to calculate incentive compensation, to assist in forecasting future performance and to compare the Company’s results to those of the Company’s competitors.  The Company believes that these non-GAAP financial measures are useful to investors because they allow for greater transparency, facilitate comparisons to prior periods and the Company’s competitors’ results and assist in forecasting performance for future periods.  These non-GAAP financial measures are not prepared in accordance with GAAP and may be different from non-GAAP financial measures presented by other companies.  Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP.                              Certain statements in this release and the related conference call and webcast are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements, including the Company’s expected full year 2016 financial results, including top-line growth rates and diluted earnings per share, and the assumptions relating thereto, including the Company’s effective tax rate in the fourth quarter, and the state of the IT market as well as the Company’s ability to deliver on its financial and operational objectives and trends and opportunities relating thereto, are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified.  Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.  There can be no assurances that results described in forward-looking statements will be achieved, and actual results could differ materially from those suggested by the forward-looking statements.  Some of the important factors that could cause the Company’s actual results to differ materially from those projected in any forward-looking statements, include, but are not limited to, the following, which are discussed in “Risk Factors” in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2015: Additionally, there may be other risks that are otherwise described from time to time in the reports that the Company files with the Securities and Exchange Commission.  Any forward-looking statements in this release should be considered in light of various important factors, including the risks and uncertainties listed above, as well as others.  The Company assumes no obligation to update, and, except as may be required by law, does not intend to update, any forward-looking statements.  The Company does not endorse any projections regarding future performance that may be made by third parties.

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