Scansource
SCSC

$46.50

2.78%

Market Cap: $1.12B

About: ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.

Employees: 2,300

Industrials Computers & Peripheral Equipment & Software

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

55% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 20

7% more funds holding

Funds holding: 168 [Q1] → 179 (+11) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

4% less capital invested

Capital invested by funds: $1.11B [Q1] → $1.07B (-$40.8M) [Q2]

10% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 61

2.52% less ownership

Funds ownership: 100.17% [Q1] → 97.65% (-2.52%) [Q2]

67% less call options, than puts

Call options by funds: $31K | Put options by funds: $93K

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Research analyst outlook

We haven’t received any recent analyst ratings for SCSC.

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Financial journalist opinion

Based on 9 articles about SCSC published over the past 30 days

ScanSource Releases Fiscal Year 2024 Corporate Citizenship Report

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 Standards Board (SASB) framework for Multiline and Specialty Retailers & Distributors. ScanSource's ESG St.

ScanSource Releases Fiscal Year 2024 Corporate Citizenship Report

New Study from Humana Healthcare Research and Harvard University Reveals Better Access to Primary Care for Seniors Receiving Care from Senior-Focused Primary Care Organizations

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

New Study from Humana Healthcare Research and Harvard University Reveals Better Access to Primary Care for Seniors Receiving Care from Senior-Focused Primary Care Organizations

ScanSource: I Want To See The Top Line And Margins Improve With The New Acquisitions

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: I Want To See The Top Line And Margins Improve With The New Acquisitions

Acquisitions Shine, But Q4 Reveals Financial Fog For ScanSource

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-margin, recurring revenue, but high acquisition costs and weak sales numbers pose risks.

Acquisitions Shine, But Q4 Reveals Financial Fog For ScanSource

Zacks Investment Research

ScanSource Q4 Earnings Lag Estimates, Revenues Fall Y/Y

SCSC witnesses year-over-year declines in both its top and bottom lines in fiscal 2024 due to weak demand.

ScanSource Q4 Earnings Lag Estimates, Revenues Fall Y/Y

ScanSource, Inc. (SCSC) Q4 2024 Earnings Call Transcript

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 question-and-answer session.

ScanSource, Inc. (SCSC) Q4 2024 Earnings Call Transcript

Zacks Investment Research

ScanSource (SCSC) Misses Q4 Earnings and Revenue Estimates

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.

ScanSource (SCSC) Misses Q4 Earnings and Revenue Estimates

US Stocks Mixed; ScanSource Reports Weak Q4 Results

U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday.

US Stocks Mixed; ScanSource Reports Weak Q4 Results

ScanSource Reports Fourth Quarter and Full-Year Results

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced financial results for the fourth quarter and fiscal year ended June 30, 2024. All results in this release reflect continuing operations only unless otherwise noted. Fourth Quarter Summary Fiscal Year Summary Q4 FY24 Q4 FY23 Change FY24 FY23 Change (in thousands, except percentages and per share data) Select reported measures: .

ScanSource Reports Fourth Quarter and Full-Year Results

ScanSource Acquires Resourcive

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the acquisition of Resourcive, a leading technology advisor. Resourcive delivers strategic IT sourcing solutions to the mid-market and enterprise, advising clients on value creation strategies that are enabled by technology. With the acquisition of Resourcive, ScanSource is creating a new Channel Advisory business to be a platform for the channel mode.

ScanSource Acquires Resourcive

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