secwatch.observer — SEC 8-K summary
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Issuer:     SCANSOURCE, INC. (SCSC)
CIK:        0000918965
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0000918965-22-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ScanSource Q3 beats: EPS $0.91 GAAP/$1.04 adj, sales +16% YoY; raises FY outlook
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- Net sales of $846.0M (+15.9% YoY); GAAP diluted EPS $0.91 vs $0.54; non-GAAP diluted EPS $1.04 vs $0.71.
- Specialty Technology Solutions net sales $503.1M (+15.3%); Modern Communications & Cloud $342.9M (+16.9%).
- Gross profit margin expanded 52bp to 12.59%; adjusted EBITDA $44.1M (+37.9%) with margin 5.21%.
- Raises FY2022 outlook: net sales growth at least 10% (from 7%), adjusted EBITDA at least $165M (from $148M).
- Adjusted ROIC improved to 18.0% from 14.7%; trailing 12-month non-GAAP diluted EPS $4.01.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918965/000091896522000010/0000918965-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918965/000091896522000010/scsc-20220510.htm
  HTML page:      https://secwatch.observer/filing/0000918965-22-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer