ScanSource Q2 beats, raises FY22 outlook: EPS $0.89/$1.02 GAAP/non-GAAP, sales +6.6% YoY

SCANSOURCE, INC.

2022-Q2 EPS reported $1.76 revenue$1,721,662,000

GAAP EPS $0.89; non-GAAP diluted EPS $1.02, up 57% YoY; net income $23.2M.
Net sales $864.4M (+6.6% YoY); gross margin 12.49% vs 10.61% YoY.
Adjusted EBITDA $42.5M (+43% YoY), margin 4.92%; segment STS +9.2%, MC&C +3.3%.
Raises FY22 outlook: net sales growth at least 7%, adjusted EBITDA at least $148M.
Named to FORTUNE World's Most Admired Companies for sixth consecutive year.

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