---
schema_version: "secwatch.filing_event.v1"
accession: "0000918965-22-000024"
form_type: "8-K"
ticker: "SCSC"
cik: "0000918965"
company_name: "SCANSOURCE, INC."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:55:31.458014+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ScanSource Q1 record EPS $0.94; net sales +10% to $943.8M; director Grainger to retire

## Summary
- GAAP diluted EPS of $0.94 (record), up 9% YoY; Non-GAAP diluted EPS of $1.07, up 8%.
- Net sales $943.8M, +10.1% YoY; gross profit $113.5M, +11.7%; gross margin 12.02%.
- Specialty Technology Solutions net sales +14.9% to $576.3M; Modern Comm & Cloud +3.3% to $367.5M.
- FY23 outlook reaffirmed: net sales growth at least 5.5%, adjusted EBITDA at least $174M.
- Director Mike Grainger to retire at Jan 26, 2023 annual meeting; Board to reduce to eight members.

## SEC filing metadata
- accession: 0000918965-22-000024
- form_type: 8-K
- ticker: SCSC
- cik: 0000918965
- company_name: SCANSOURCE, INC.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918965/000091896522000024/0000918965-22-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918965/000091896522000024/scsc-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918965-22-000024
- JSON: https://secwatch.observer/filing/0000918965-22-000024.json
- Plain text: https://secwatch.observer/filing/0000918965-22-000024.txt

## Key facts
- Earnings Releases
  SCANSOURCE, INC. updated its fiscal year 2023 guidance (reaffirmed).
  - Period: fiscal year 2023
  - Guidance: reaffirmed
  - Result: guidance update
  source text: ScanSource reaffirms previously provided guidance set forth below for the full fiscal year ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918965/000091896522000024/0000918965-22-000024-index.htm
- Earnings Releases
  SCANSOURCE, INC. reported first quarter ended September 30, 2022 results: revenue $943.8 million, net income $24.0 million, EPS $0.94.
  - Period: first quarter ended September 30, 2022
  - Revenue: $943.8 million
  - Net income: $24.0 million
  - EPS: $0.94
  - Result: reported results
  source text: Net sales for the first quarter of fiscal year 2023 totaled $943.8 million, up 10.1% year-over-year, with strong growth in North America.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918965/000091896522000024/0000918965-22-000024-index.htm
- Executive change
  Michael Grainger departed as Director at SCANSOURCE, INC..
  - Action: plans to retire
  - Role: Director
  source text: Michael Grainger, who has served on the Board since 2004, 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918965/000091896522000024/0000918965-22-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.