Aankondiging • Apr 21
ScanSource, Inc. to Report Q3, 2026 Results on May 07, 2026 ScanSource, Inc. announced that they will report Q3, 2026 results at 8:30 AM, US Eastern Standard Time on May 07, 2026 Aankondiging • Mar 17
ScanSource, Inc. Appoints Michael Webb as Senior Executive Vice President and Chief Human Resources Officer ScanSource, Inc. announced the appointment of Michael Webb as Senior Executive Vice President and Chief Human Resources Officer (CHRO). Webb brings to this role more than 30 years of human resources leadership and organizational development experience across public and private companies, along with a deep background in guiding and growing international organizations. As Chief Human Resources Officer, Webb is responsible for leading the People & Culture team; advancing ScanSource’s talent, recruitment and compensation strategies; supporting overall employee success; and ensuring the Company’s core values and culture are upheld across the organization. He will work closely with the ScanSource leadership team to advance its people strategy, strengthen leadership and succession planning, and ensure the Company is structured for sustained growth. In addition, he will drive initiatives that promote employee growth, build leadership capability and improve organizational effectiveness. Webb began his career in human resources and talent leadership roles in global financial services organizations, including HSBC and Morgan Stanley. Most recently, he served as Senior Vice President and Chief Administrative Officer for Rogers Corporation (NYSE: ROG), where he led human resources as well as corporate development and strategy, working closely with company leadership. Webb will report to Baur. Aankondiging • Mar 06
ScanSource, Inc. Appoints Mark Morgan as President of Specialty Technologies ScanSource, Inc. announced the appointment of Mark Morgan as President, Specialty Technologies. In this role, Morgan will continue to advance the Company’s strategic focus on delivering customized, converging solutions to a growing ecosystem of channel partners. Morgan has been instrumental in ScanSource’s evolution from a traditional hardware distributor to a leader in hardware, software, cloud and connectivity. Since joining the Company in 2003 as Vice President of Sales for the Barcode and Mobility business, Morgan has held several leadership roles, including Vice President of Sales for the former Communications business, President of Intelisys and President of Global Strategy. During Morgan’s leadership of the Communications business, he guided the shift from traditional voice and data technologies toward networking, collaboration and cloud-based services-oriented solutions. Morgan also played a key role in several major inflection points by vetting and completing the strategic acquisitions of Intelisys, RPM, intY (Channel Exchange) and Resourcive. Each of these acquisitions expanded ScanSource’s capabilities and opened new routes to market for partners. Morgan’s leadership and depth of experience will be essential in helping partners discover and capture new growth opportunities, including ScanSource’s strategy to accelerate the growth of its Converged Sales Team and the Specialty business as a whole. Morgan will continue to report to Mike Baur. Aankondiging • Jan 23
ScanSource, Inc. to Report Q2, 2026 Results on Feb 05, 2026 ScanSource, Inc. announced that they will report Q2, 2026 results at 8:30 AM, US Eastern Standard Time on Feb 05, 2026 Aankondiging • Nov 07
ScanSource, Inc. (NasdaqGS:SCSC) acquired Dataxoom Corporation. ScanSource, Inc. (NasdaqGS:SCSC) acquired Dataxoom Corporation on October 20, 2025. DataXoom adds 17 employees through the acquisition.
ScanSource, Inc. (NasdaqGS:SCSC) completed the acquisition of Dataxoom Corporation on October 20, 2025. Aankondiging • Nov 06
Scansource, Inc. Reaffirms Earnings Guidance for the Full Fiscal Year Ending June 30, 2026 ScanSource, Inc. reaffirmed earnings guidance for the full fiscal year ending June 30, 2026. For the year, the company reaffirms net sales to be between $3.1 billion to $3.3 billion. Aankondiging • Oct 24
ScanSource, Inc., Annual General Meeting, Dec 09, 2025 ScanSource, Inc., Annual General Meeting, Dec 09, 2025. Location: 6 logue court, south carolina 29615, greenville, United States Aankondiging • Oct 21
ScanSource, Inc. to Report Q1, 2026 Results on Nov 06, 2025 ScanSource, Inc. announced that they will report Q1, 2026 results at 8:30 AM, US Eastern Standard Time on Nov 06, 2025 Aankondiging • Aug 21
ScanSource, Inc. Provides Earnings Guidance for the Full Fiscal Year Ending June 30, 2026 ScanSource, Inc. provided earnings guidance for the full fiscal year ending June 30, 2026. For the year, the company expects net sales to be between $3.1 billion to $3.3 billion. Aankondiging • May 09
ScanSource, Inc. (NasdaqGS:SCSC) announces an Equity Buyback for $200 million worth of its shares. ScanSource, Inc. (NasdaqGS:SCSC) announces a share repurchase program. Under the program, the company will repurchase up to $200 million worth of its common stock. The authorization does not have any time limit. Aankondiging • May 08
ScanSource, Inc. Updates Earnings Guidance for the Year 2025 ScanSource, Inc. updated earnings guidance for the year 2025. For the year, company expected Net sales of Approximately $3 billion as compared to the previous guidance of net sales in the range of $3.1 billion to $3.5 billion. Aankondiging • Apr 22
ScanSource, Inc. to Report Q3, 2025 Results on May 08, 2025 ScanSource, Inc. announced that they will report Q3, 2025 results at 8:30 AM, US Eastern Standard Time on May 08, 2025 Aankondiging • Jan 30
Scansource, Inc. Appoints Michael L. Baur as President On January 22, 2025 ScanSource, Inc. appointed Michael L. Baur, who currently serves as Chair and Chief Executive Officer of the Company, to also serve as President of the Company, effective January 27, 2025. Mr. Baur has served as the Company’s President and/or Chief Executive Officer since the Company’s inception in December 1992, as a director since December 1995, and as the Chair of the Company’s Board of Directors since February 2019. Mr. Baur will continue to serve as the Company’s Chair and Chief Executive Officer, and his compensation will not change in connection with the appointment. Aankondiging • Jan 21
ScanSource, Inc. to Report Q2, 2025 Results on Jan 30, 2025 ScanSource, Inc. announced that they will report Q2, 2025 results at 8:30 AM, US Eastern Standard Time on Jan 30, 2025 Reported Earnings • Nov 09
First quarter 2025 earnings released: EPS: US$0.70 (vs US$0.62 in 1Q 2024) First quarter 2025 results: EPS: US$0.70 (up from US$0.62 in 1Q 2024). Revenue: US$775.6m (down 12% from 1Q 2024). Net income: US$17.0m (up 10.0% from 1Q 2024). Profit margin: 2.2% (up from 1.8% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €46.60, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €62.50 per share. Aankondiging • Oct 17
ScanSource, Inc. to Report Q1, 2025 Results on Nov 07, 2024 ScanSource, Inc. announced that they will report Q1, 2025 results at 8:30 AM, US Eastern Standard Time on Nov 07, 2024 Recent Insider Transactions • Sep 19
Senior EVP & Chief Information Officer recently sold €265k worth of stock On the 16th of September, Rachel Hayden sold around 6k shares on-market at roughly €41.84 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. Buy Or Sell Opportunity • Aug 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.7% to €42.60. The fair value is estimated to be €53.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 7.3%. Revenue is forecast to grow by 6.7% in 2 years. Earnings are forecast to grow by 7.3% in the next 2 years. Reported Earnings • Aug 28
Full year 2024 earnings released: EPS: US$3.10 (vs US$3.50 in FY 2023) Full year 2024 results: EPS: US$3.10 (down from US$3.50 in FY 2023). Revenue: US$3.26b (down 14% from FY 2023). Net income: US$77.1m (down 13% from FY 2023). Profit margin: 2.4% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 28
ScanSource, Inc. Provides Earnings Guidance for the Full Fiscal Year Ending June 30, 2025 ScanSource, Inc. provided earnings guidance for the full fiscal year ending June 30, 2025. For the year, the company now expects Net sales of $3.1 billion to $3.5 billion. Aankondiging • Aug 08
ScanSource, Inc. to Report Q4, 2024 Results on Aug 27, 2024 ScanSource, Inc. announced that they will report Q4, 2024 results at 8:30 AM, US Eastern Standard Time on Aug 27, 2024 Recent Insider Transactions • Jun 13
Senior EVP & Chief Information Officer recently sold €153k worth of stock On the 10th of June, Rachel Hayden sold around 4k shares on-market at roughly €42.83 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €838k more than they bought in the last 12 months. Aankondiging • May 10
ScanSource, Inc., Annual General Meeting, Dec 10, 2024 ScanSource, Inc., Annual General Meeting, Dec 10, 2024. Location: 6 logue court, south carolina 29615, greenville United States Aankondiging • May 08
ScanSource, Inc. Revises Earnings Guidance for the Fiscal Year Ending June 30, 2024 ScanSource, Inc. revised earnings guidance for the fiscal year ending June 30, 2024. For the year, the company expects net sales to be at least $3.3 billion against previous guidance of at least $3.5 billion. GAAP operating income to be at least $96 million. Reported Earnings • May 07
Third quarter 2024 earnings released: EPS: US$0.51 (vs US$0.84 in 3Q 2023) Third quarter 2024 results: EPS: US$0.51 (down from US$0.84 in 3Q 2023). Revenue: US$752.6m (down 15% from 3Q 2023). Net income: US$12.8m (down 40% from 3Q 2023). Profit margin: 1.7% (down from 2.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 19
ScanSource, Inc. to Report Q3, 2024 Results on May 07, 2024 ScanSource, Inc. announced that they will report Q3, 2024 results at 8:30 AM, Eastern Standard Time on May 07, 2024 Recent Insider Transactions • Feb 25
Lead Independent Director recently sold €286k worth of stock On the 21st of February, Peter Browning sold around 8k shares on-market at roughly €38.07 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €400k more than they bought in the last 12 months. Reported Earnings • Feb 07
Second quarter 2024 earnings released: EPS: US$1.31 (vs US$1.02 in 2Q 2023) Second quarter 2024 results: EPS: US$1.31 (up from US$1.02 in 2Q 2023). Revenue: US$884.8m (down 13% from 2Q 2023). Net income: US$32.7m (up 27% from 2Q 2023). Profit margin: 3.7% (up from 2.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 06
ScanSource, Inc. Updates Earnings Guidance for the Full Fiscal Year Ending June 30, 2024 ScanSource, Inc. updated earnings guidance for the full fiscal year ending June 30, 2024. For the period, the company expects net sales of at least $3.5 billion compared to at least $3.8 billion previous guidance. Aankondiging • Jan 19
ScanSource, Inc. to Report Q2, 2024 Results on Feb 06, 2024 ScanSource, Inc. announced that they will report Q2, 2024 results at 8:30 AM, US Eastern Standard Time on Feb 06, 2024 Aankondiging • Jan 09
ScanSource, Inc. Promotes Robert Farbak to Senior Vice President of Sales for Intelisys ScanSource, Inc. announced the promotion of Robert (Bob) Farbak to Senior Vice President of Sales for Intelisys. In this role, Farbak will lead the Intelisys regional sales and business development teams, while also architecting the strategy to drive revenue growth and develop exceptional relationships with partners across the United States. Farbak brings more than 14 years of leadership experience to this position, nearly ten with Intelisys. He most recently served as VP of Sales, Central Region. He has also served as Director of Sales for the Midwest Region and Senior Manager, Strategic Partner Development. Farbak has extensive experience leading both direct and indirect teams. Prior to joining Intelisys, he held sales and channel manager roles for XO Communications. Farbak leads with a “partner-first” approach and is committed to supporting partners’ business development efforts and helping them grow their revenue. Aankondiging • Dec 13
ScanSource, Inc., Annual General Meeting, Jan 25, 2024 ScanSource, Inc., Annual General Meeting, Jan 25, 2024, at 09:00 Eastern Standard Time. Location: 6 Logue Court Greenville South Carolina United States Agenda: To elect eight members to the Board of Directors; to hold an advisory vote to approve the compensation of our Named Executive Officers (as defined in the Proxy Statement); to ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2024; and to discuss other matters. Aankondiging • Nov 10
Scansource, Inc. Provides Earnings Guidance for the Full Fiscal Year Ending June 30, 2024 ScanSource, Inc. provided earnings guidance for the full fiscal year ending June 30, 2024. For the year, the company now expects Net sales of At least $3.8 billion against prior guidance of Net sales growth: at least 3% and GAAP operating income of at least $126 million. Reported Earnings • Nov 10
First quarter 2024 earnings released: EPS: US$0.62 (vs US$0.95 in 1Q 2023) First quarter 2024 results: EPS: US$0.62 (down from US$0.95 in 1Q 2023). Revenue: US$876.3m (down 7.2% from 1Q 2023). Net income: US$15.4m (down 36% from 1Q 2023). Profit margin: 1.8% (down from 2.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 10
Scansource Announces Retirement of Charles R. Whitchurch from Board of Directors ScanSource, Inc. announced the upcoming retirement of Charles R. Whitchurch from its Board of Directors. Whitchurch, who has served as Director of ScanSource since 2009, will retire from the Board when his current term of office expires effective at ScanSource's next Annual Meeting of Shareholders on January 25, 2024. Aankondiging • Oct 24
ScanSource, Inc. to Report Q1, 2024 Results on Nov 09, 2023 ScanSource, Inc. announced that they will report Q1, 2024 results at 8:30 AM, US Eastern Standard Time on Nov 09, 2023 Aankondiging • Sep 27
ScanSource, Inc. Announces Resignation of John Eldh as President, Effective November 17, 2023 On September 22, 2023, John Eldh notified ScanSource, Inc. of his decision to resign from his role as President of the Company, effective November 17, 2023. In connection with Mr. Eldh's departure from the Company, the Company entered into a Separation Agreement and General Release with Mr. Eldh. Aankondiging • Aug 23
ScanSource, Inc. Provides Earnings Guidance for the Full Fiscal Year Ended June 30, 2024 ScanSource, Inc. provided earnings guidance for the full fiscal year ended June 30, 2024. For the year, the company expects Net sales growth, year-over-year of at least 3% and GAAP operating income of at least $134 million. Reported Earnings • Aug 23
Full year 2023 earnings released: EPS: US$3.50 (vs US$3.48 in FY 2022) Full year 2023 results: EPS: US$3.50. Revenue: US$3.79b (up 7.3% from FY 2022). Net income: US$88.1m (flat on FY 2022). Profit margin: 2.3% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Aankondiging • Aug 22
Scansource, Inc. Appoints Vernon J. Nagel to Its Board of Directors ScanSource, Inc. announced the appointment of Vernon J. Nagel to its Board of Directors, effective August 16, 2023. Mr. Nagel’s appointment expands the Board to nine members. Mr. Nagel brings extensive executive leadership, financial and accounting expertise to the ScanSource Board of Directors. Mr. Nagel served as Executive Chairman of Acuity Brands, Inc., a publicly traded industrial technology company from February 2020 until his retirement in December 2020. Mr. Nagel previously served as Chairman and Chief Executive Officer of Acuity Brands from September 2004 through January 2020 and was President from August 2005 through August 2019. He joined Acuity Brands in December 2001 as Executive Vice President and Chief Financial Officer. Mr. Nagel currently serves as a member of the Board of Directors of The AZEK Company. Mr. Nagel received a Bachelor of Business Administration from the University of Michigan. Aankondiging • Aug 03
ScanSource, Inc. to Report Q4, 2023 Results on Aug 22, 2023 ScanSource, Inc. announced that they will report Q4, 2023 results at 8:30 AM, US Eastern Standard Time on Aug 22, 2023 Aankondiging • May 11
ScanSource, Inc. Appoints Brandy Ford to Senior Vice President and Chief Accounting Officer ScanSource, Inc. announced the appointment of Brandy Ford to Senior Vice President and Chief Accounting Officer. Ford has been with ScanSource for 12 years and brings more than 20 years of experience in finance and accounting to this role. As Chief Accounting Officer, Ford is responsible for developing and leading the Company’s global accounting strategy to ensure continued financial health and growth. Ford will report to Steve Jones, Senior Executive Vice President and Chief Financial Officer, ScanSource, Inc. Ford most recently served as Vice President, Corporate Controller. In this role, she supervised the accounting and financial operational functions, established and implemented accounting policies, performed financial risk assessments and coordinated the preparation of internal and external financial statements. Prior to that, she served in corporate accounting and financial reporting management roles with the Company. Before joining ScanSource, she served as an external auditor for Deloitte, where she managed audit teams for both public and nonpublic companies in Upstate South Carolina. Aankondiging • May 10
ScanSource, Inc. Reaffirms Earnings Guidance for the Full Fiscal Year Ending June 30, 2023 ScanSource, Inc. reaffirmed earnings guidance for the full fiscal year ending June 30, 2023. For the period, the company expected net sales growth, year over year is at least 6.5% compared to previously expected guidance of at least 6.5%. The company expected GAAP, operating income is at least $140 million. Reported Earnings • May 09
Third quarter 2023 earnings released: EPS: US$0.84 (vs US$0.92 in 3Q 2022) Third quarter 2023 results: EPS: US$0.84 (down from US$0.92 in 3Q 2022). Revenue: US$885.5m (up 4.7% from 3Q 2022). Net income: US$21.2m (down 9.8% from 3Q 2022). Profit margin: 2.4% (down from 2.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 08
Second quarter 2023 earnings released: EPS: US$1.02 (vs US$0.91 in 2Q 2022) Second quarter 2023 results: EPS: US$1.02 (up from US$0.91 in 2Q 2022). Revenue: US$1.01b (up 17% from 2Q 2022). Net income: US$25.7m (up 11% from 2Q 2022). Profit margin: 2.5% (down from 2.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 19
ScanSource, Inc. to Report Q2, 2023 Results on Feb 07, 2023 ScanSource, Inc. announced that they will report Q2, 2023 results at 8:30 AM, US Eastern Standard Time on Feb 07, 2023 Aankondiging • Oct 20
ScanSource, Inc. to Report Q1, 2023 Results on Nov 08, 2022 ScanSource, Inc. announced that they will report Q1, 2023 results at 8:30 AM, US Eastern Standard Time on Nov 08, 2022 Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €28.60, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Electronic industry in Germany. Total returns to shareholders of 12% over the past three years. Reported Earnings • Aug 24
Full year 2022 earnings released: EPS: US$3.48 (vs US$1.79 in FY 2021) Full year 2022 results: EPS: US$3.48 (up from US$1.79 in FY 2021). Revenue: US$3.53b (up 12% from FY 2021). Net income: US$88.7m (up 95% from FY 2021). Profit margin: 2.5% (up from 1.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 24
ScanSource, Inc. Provides Earnings Guidance for the Fiscal Year 2023 ScanSource, Inc. provided earnings guidance for the fiscal year 2023. For the year, the company expects Net sales growth, year-over-year of at least 5.5% and GAAP, Operating income of at least $132 million. Aankondiging • Aug 03
ScanSource, Inc. Announces the Departure of Matthew S. Dean as Senior Executive Vice President, Chief Legal Officer and Corporate Secretary On July 29, 2022, Matthew S. Dean departed from ScanSource, Inc. and ended his service as Senior Executive Vice President, Chief Legal Officer and Corporate Secretary of the Company. Mr. Dean had previously served as an executive of the Company since January 2018. Recent Insider Transactions • Jun 11
Founder recently sold €180k worth of stock On the 9th of June, Michael Baur sold around 5k shares on-market at roughly €35.72 per share. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Recent Insider Transactions • Jun 01
Independent Director recently sold €72k worth of stock On the 26th of May, Charles Whitchurch sold around 2k shares on-market at roughly €36.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €60k more than they bought in the last 12 months. Recent Insider Transactions • May 24
Independent Director recently sold €69k worth of stock On the 20th of May, Charles Whitchurch sold around 2k shares on-market at roughly €34.74 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €12k more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 21% share price gain to €37.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €64.28 per share. Aankondiging • May 12
ScanSource, Inc. Revises Earnings Guidance for the Full Fiscal Year Ended June 30, 2022 ScanSource, Inc. revised earnings guidance for the full fiscal year ended June 30, 2022. For the period, the company expected net sales growth, year over year of at least 10% compared prior guidance of at least 7%. The company expected GAAP, operating income of at least $122 million. Reported Earnings • May 11
Third quarter 2022 earnings released: EPS: US$0.92 (vs US$0.54 in 3Q 2021) Third quarter 2022 results: EPS: US$0.92 (up from US$0.54 in 3Q 2021). Revenue: US$846.0m (up 16% from 3Q 2021). Net income: US$23.5m (up 71% from 3Q 2021). Profit margin: 2.8% (up from 1.9% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.2%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Aankondiging • Apr 23
ScanSource, Inc. to Report Q3, 2022 Results on May 10, 2022 ScanSource, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on May 10, 2022 Aankondiging • Feb 10
ScanSource, Inc. Names John Eldh as President ScanSource, Inc. announced that John Eldh has been named President of ScanSource, Inc. As President, Eldh reports to Chairman and CEO Mike Baur, who served as President of ScanSource, Inc. from 1992 until Eldh’s appointment. John Eldh has built a strong foundation for ScanSource to lead the way in hybrid distribution across hardware, SaaS, connectivity and cloud services with a clear aim of winning for partners. Over the last two years, he successfully transitioned leadership at Intelisys and recruited and promoted channel-centric business executives to lead the device, digital and cloud businesses globally. Eldh’s leadership team includes executives in sales, marketing, operations and strategy. John Eldh joined ScanSource as Chief Revenue Officer in October 2019. Eldh brought extensive global experience building and leading field, channel and inside sales teams across multiple routes to market for SaaS and consulting companies. Reported Earnings • Feb 09
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: US$905 (up from US$0.44 in 2Q 2021). Revenue: US$864.4m (up 6.6% from 2Q 2021). Net income: US$23.2m (up 109% from 2Q 2021). Profit margin: 2.7% (up from 1.4% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 3.7%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 24% share price gain to €30.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electronic industry in Germany. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.86 per share. Reported Earnings • Aug 25
Full year 2021 earnings released: EPS US$1.79 (vs US$3.12 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$3.15b (up 3.4% from FY 2020). Net income: US$45.4m (up US$124.6m from FY 2020). Profit margin: 1.4% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • May 12
Third quarter 2021 earnings released: EPS US$0.54 (vs US$0.068 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: US$729.9m (down 16% from 3Q 2020). Net income: US$13.8m (up US$12.1m from 3Q 2020). Profit margin: 1.9% (up from 0.2% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 13
Independent Director recently sold €143k worth of stock On the 11th of March, Michael Grainger sold around 5k shares on-market at roughly €27.04 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €284k more than they bought in the last 12 months. Is New 90 Day High Low • Mar 09
New 90-day high: €26.20 The company is up 14% from its price of €23.00 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.51 per share. Is New 90 Day High Low • Feb 05
New 90-day high: €24.00 The company is up 24% from its price of €19.30 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.92 per share. Reported Earnings • Feb 03
Second quarter 2021 earnings released: EPS US$0.44 (vs US$0.45 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: US$810.9m (down 17% from 2Q 2020). Net income: US$11.1m (down 2.7% from 2Q 2020). Profit margin: 1.4% (up from 1.2% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 72% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 03
Revenue beats expectations Revenue exceeded analyst estimates by 5.2%. Over the next year, revenue is forecast to grow 2.6%, compared to a 22% growth forecast for the Electronic industry in Germany. Aankondiging • Jan 20
ScanSource, Inc. to Report Q2, 2021 Results on Feb 02, 2021 ScanSource, Inc. announced that they will report Q2, 2021 results at 4:00 PM, US Eastern Standard Time on Feb 02, 2021 Is New 90 Day High Low • Jan 09
New 90-day high: €23.60 The company is up 31% from its price of €18.00 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.17 per share. Aankondiging • Dec 19
ScanSource, Inc., Annual General Meeting, Jan 28, 2021 ScanSource, Inc., Annual General Meeting, Jan 28, 2021, at 09:00 US Eastern Standard Time. Location: at principal executive offices, located at 6 Logue Court Greenville South Carolina United States Agenda: To elect nine members to the Board of Directors; to hold an advisory vote to approve the compensation of our Named Executive Officers (as defined in the Proxy Statement); t of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2021; and to transact such other business as may properly come before the Annual Meeting or any adjournments thereof. Is New 90 Day High Low • Dec 11
New 90-day high: €23.40 The company is up 51% from its price of €15.50 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.89 per share. Recent Insider Transactions • Nov 26
Independent Director recently sold €182k worth of stock On the 23rd of November, Charles Whitchurch sold around 9k shares on-market at roughly €21.47 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €35k more than they sold in the last 12 months. Is New 90 Day High Low • Nov 11
New 90-day high: €21.80 The company is up 2.0% from its price of €21.40 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.51 per share. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue misses expectations Revenue missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 4.1%, compared to a 24% growth forecast for the Electronic industry in Germany. Aankondiging • Aug 11
Intcomex Inc. sign an agreement to acquire Latin America business outside of Brazil of ScanSource, Inc. (NasdaqGS:SCSC). Intcomex Inc. sign an agreement to acquire Latin America business outside of Brazil of ScanSource, Inc. (NasdaqGS:SCSC) on August 10, 2020. Under the terms of transaction, Scancource will sell its products businesses in Mexico, Colombia, Chile, and Peru and its Miami-based export operations. Post completion, more than 140 employees in Latin America will become part of Intcomex. Transaction is subject to the satisfaction of customary closing considerations. The transaction is expected to close by September 30, 2020.