ScanSource, Inc. Stock News

GREENVILLE, S.C.--(BUSINESS WIRE)--Intelisys, a ScanSource (NASDAQ: SCSC) company, and a leading technology services distributor of connectivity and cloud services, is bolstering its software as a service (SaaS) marketplace through Channel Exchange. Formerly intY US, Channel Exchange will offer a comprehensive platform for partners to streamline sales processes and access a curated, comprehensi...

ScanSource, Inc. (NASDAQ:SCSC ) Q1 2025 Earnings Conference Call November 7, 2024 10:30 AM ET Company Participants Mary Gentry - Senior Vice President, Treasurer and Investor Relations Mike Baur - Chair and Chief Executive Officer Steve Jones - Senior Executive Vice President, Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Keith Housum - Northcoast Research Michael Lat...

GREENVILLE, S.C.--(BUSINESS WIRE)--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.   First Quarter Summary     Q1 FY25   Q1 FY24   Change     (in thousands, except percentages and per share data) Select reported measures:             Net sales $ 775,580     $ 876,305 ...

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced today that it plans to release first quarter fiscal year 2025 results for the period ended September 30, 2024 on Thursday, November 7, 2024 at approximately 8:30 a.m. ET. ScanSource management will host an earnings conference call to discuss these results l...

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today released its annual Corporate Citizenship Report, highlighting ScanSource's environmental, social and governance (ESG) strategy and progress for fiscal year 2024. The report includes disclosures developed in alignment with the Sustainability Accounting Standard...

LOUISVILLE, Ky.--(BUSINESS WIRE)--New study from Humana Healthcare Research and Harvard University looks at access to primary care for seniors.

ScanSource's FY24 results show a significant decline in revenue and mixed profitability, leading me to initiate a hold rating. The company's top-line growth and margins need improvement; recent acquisitions and Intelisys' recurring revenue model could enhance profitability. Financial health is stable with manageable debt, but efficiency and profitability metrics have been trending down.

ScanSource has shown solid growth and smart acquisitions, but mixed financials with dropping sales, high costs, and potentially overpriced stock raise concerns. Despite a strong 2024 performance, long-term returns lag behind the S&P 500, and the stock lacks dividends, making it less attractive for income-focused investors. Recent acquisitions like Resourcive and Advantix aim to boost high-margi...