ScanSource, Inc. Stock News

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...

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 t...

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 fourth quarter and fiscal year 2024 results for the period ended June 30, 2024 on Tuesday, August 27, 2024 at approximately 8:30 a.m. ET. ScanSource management will host an earnings conference call to discuss these results lat...

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Despite high interest rates, which hit small-cap stocks harder than their larger brethren, the Russell 2000 index of the market's smallest companies is making its move. Since the end of April, the small-cap benchmark has kept pace with the S&P 500 and has been ahead till last week's dip.