SCSC
ScanSource, Inc.41.74
+1.08+2.66%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
921.08MP/E (TTM)
13.04Basic EPS (TTM)
3.20Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
8-K
Auditor switch to Deloitte
ScanSource's Audit Committee dismissed Grant Thornton as its independent auditor on October 9, 2025, after a competitive review, effective post the interim review for the quarter ended September 30, 2025. No disagreements or reportable events marred the prior audits for fiscal years 2024 and 2025. The committee then appointed Deloitte & Touche as the new auditor for the fiscal year ending June 30, 2026, pending standard procedures. This switch signals a fresh audit perspective. Smooth transition expected.
10-K
FY2025 results
ScanSource's FY2025 net sales fell 6.7% y/y to $3.04B, with Specialty Technology Solutions down 7.1% amid cautious spending, while Intelisys & Advisory grew 6.3% boosted by acquisitions; yet gross profit rose 2.4% to $409M on favorable supplier rebates and mix, lifting margins to 13.4%. Operating income held steady at 2.8% despite $5.4M in restructuring charges, as Q4 inventory turnover accelerated to 5.9x from 5.0x y/y, signaling improving momentum. Acquisitions of Resourcive and Advantix added $24M goodwill and drove recurring revenue up 32% y/y to $146M, with $133M term debt at year-end and $217M buyback authorization fueling capital returns. No annual guidance disclosed. Supply chain disruptions could stall quarterly gains.
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