ScanSource Q4 net sales $853M (+34% YoY); non-GAAP EPS $0.96; FY22 guidance issued

SCANSOURCE, INC.

2021-FY EPS reported $0.42 revenue$3,150,806,000

Q4 GAAP diluted EPS $0.80; non-GAAP diluted EPS $0.96 (includes $0.19 discrete tax items).
Full-year FY21 net sales $3.2B (+3.4% YoY); GAAP EPS $1.78; non-GAAP EPS $2.74.
FY22 outlook: net sales growth at least 5.5%; adjusted EBITDA at least $135M.
Board authorized new $100M share repurchase program.
Charlie Mathis appointed to Board (eff. Aug 19); Jack Reilly to retire at Jan 2022 meeting.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jack Reilly

Director

SCSC · SCANSOURCE, INC.

Filed: August 24, 2021, 7:59 PM ET

On August 18, 2021, Jack Reilly, who has served on the Board since 2001, notified the Board that he plans to retire from the Board when his current term of office expires at the next Annual Meeting of Shareholders.

Appointed

Charles A. Mathis

Director

SCSC · SCANSOURCE, INC.

Effective: 2021-08-19
Filed: August 24, 2021, 7:59 PM ET

On August 19, 2021, the Board of Directors (the “Board”) of ScanSource, Inc. (the “Company”) increased the size of its Board to ten members and appointed Charles A. Mathis as a director of the Company, both effective August 19, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jack Reilly departed as Director at SCANSOURCE, INC..

Action: retire
Role: Director

Exact text from the filing

On August 18, 2021, Jack Reilly, who has served on the Board since 2001, notified the Board that he plans to retire from the Board when his current term of office expires at the next Annual Meeting of Shareholders.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles A. Mathis was appointed as Director at SCANSOURCE, INC..

Action: appointed
Role: Director

Exact text from the filing

On August 19, 2021, the Board of Directors (the “Board”) of ScanSource, Inc. (the “Company”) increased the size of its Board to ten members and appointed Charles A. Mathis as a director of the Company, both effective August 19, 2021.

View on SEC.gov

SCANSOURCE, INC. filing history →

Source: SEC EDGAR

accession 0000918965-21-000020

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