ScanSource(SCSC)
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ScanSource(SCSC) - 2025 Q1 - Quarterly Report
2024-11-07 13:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ | --- | --- | |----------------------------------------------------------------|--------------------------------------------------------| | Commission F ...
ScanSource(SCSC) - 2025 Q1 - Quarterly Results
2024-11-07 13:30
Exhibit 99.1 GREENVILLE, SC -- November 7, 2024 -- ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced financial results for the first quarter ended September 30, 2024. "In the first quarter, our team delivered strong free cash flow and EPS growth in a soft demand environment," said Mike Baur, Chairman and CEO, ScanSource, Inc. "Our results demonstrate our hybrid distribution success with our focus on specialty technologies and Intelisys & advisory ...
ScanSource: I Want To See The Top Line And Margins Improve With The New Acquisitions
Seeking Alpha· 2024-08-29 19:56
Images By Tang Ming Tung/DigitalVision via Getty Images Introduction ScanSource, Inc. (NASDAQ:SCSC) recently reported its FY24 numbers, which the market seems to like, so I wanted to go over these and give some thoughts on the company's outlook and look at some valuation assumptions to match the potential outlook. I would like to see top-line growth return and margins improve before considering it a good investment. Therefore, I am initiating with a hold rating for now. Briefly on the Company ScanSource is ...
Acquisitions Shine, But Q4 Reveals Financial Fog For ScanSource
Seeking Alpha· 2024-08-29 05:04
suwadee sangsriruang Thesis In my analysis, I'll demonstrate that SeanSource, Inc. (NASDAQ:SCSC) has shown solid growth and made some smart moves with acquisitions; but, their current financials are a mixed bag. Recent Q4 2024 numbers hit the mark with a Non-GAAP EPS of $0.80, but revenue fell short by $87.19 million. Type: · EPS Estimate · EPS Actual Period: Quarterly 4 T 1.25 FQ4 2024 1,00 EPS Estimate: 0.93 EPS Actual: 0.80 0.75 0.50 0.25 FQ4 2023 FQ1 2024 FQ2 2024 FQ3 2024 FQ4 2024 FQ1 2026 (E) FQ2 2026 ...
ScanSource Q4 Earnings Lag Estimates, Revenues Fall Y/Y
ZACKS· 2024-08-28 17:40
ScanSource, Inc. (SCSC) reported adjusted earnings of 80 cents per share in fourth-quarter fiscal 2024 (ended June 30, 2024), missing the Zacks Consensus Estimate of 95 cents. The bottom line, however, improved 5.3% from the prior-year quarter's earnings of 76 cents. On a reported basis, the company delivered earnings of 64 cents per share compared with the prior-year quarter's 68 cents per share. SCSC's Revenues Plunge on Weak Demand The company reported net sales of $746 million in the quarter under revie ...
ScanSource(SCSC) - 2024 Q4 - Earnings Call Transcript
2024-08-28 01:42
ScanSource, Inc. (NASDAQ:SCSC) Q4 2024 Earnings Conference Call August 27, 2024 10:30 AM ET Company Participants Mary Gentry - SVP, Treasurer & IR Mike Baur - Chair & CEO Steve Jones - Senior Executive Vice President, CFO Conference Call Participants Adam Tindle - Raymond James Greg Burns - Sidoti Keith Housum - Northcoast Research Matthew Harrigan - The Benchmark Company Operator Welcome to the ScanSource Quarterly Earnings Conference Call. All lines have been placed in a listen-only mode until the questio ...
ScanSource (SCSC) Misses Q4 Earnings and Revenue Estimates
ZACKS· 2024-08-27 14:51
ScanSource (SCSC) came out with quarterly earnings of $0.80 per share, missing the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -15.79%. A quarter ago, it was expected that this technology products distributor would post earnings of $0.84 per share when it actually produced earnings of $0.69, delivering a surprise of -17.86%. Over the last four ...
US Stocks Mixed; ScanSource Reports Weak Q4 Results
Benzinga· 2024-08-27 13:39
U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.16% to 41,240.52 while the NASDAQ fell 0.42% to 17,651.68. The S&P 500 also fell, dropping, 0.22% to 5,604.73. Check This Out: Jim Cramer Believes In Dell CEO, Doesn't Like B&G Foods Leading and Lagging Sectors Health care shares climbed by 0.2% on Tuesday. In trading on Tuesday, information technology shares fell by 0.6%. Top Headline ScanSource, Inc. ...
ScanSource(SCSC) - 2024 Q4 - Annual Report
2024-08-27 12:53
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________ FORM 10-K _______________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-26926 ___________________________________ ...
ScanSource(SCSC) - 2024 Q4 - Annual Results
2024-08-27 12:30
Exhibit 99.1 Fourth Quarter Summary Fiscal Year Summary Q4 FY24 Q4 FY23 Change FY24 FY23 Change (in thousands, except percentages and per share data) FOR IMMEDIATE RELEASE Mary M. Gentry SVP, Treasurer and Investor Relations ScanSource, Inc. (864) 286-4892 | --- | |-------------------------------------| | | | | | Contact: | | Steve Jones | | Senior EVP, Chief Financial Officer | | ScanSource, Inc. | | (864) 286-4302 | SCANSOURCE REPORTS FOURTH QUARTER AND FULL-YEAR RESULTS Achieves Strong Cash Flow and Disc ...