secwatch.observer — SEC 8-K summary
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Issuer:     SCANSOURCE, INC. (SCSC)
CIK:        0000918965
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000918965-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ScanSource Q2 net sales +17% to $1.011B; raises FY23 outlook
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- GAAP diluted EPS $1.01 (up 13.5% YoY); non-GAAP diluted EPS $1.06 (up 3.9%).
- Specialty Technology Solutions net sales +26.3% to $627.5M; Modern Comm & Cloud +4.5% to $383.7M.
- Adjusted EBITDA record $48.8M, up 14.7% YoY; margin 4.83%.
- FY23 outlook raised: net sales growth at least 6.5% (from 5.5%); adj. EBITDA at least $176M (from $174M).
- Gross profit margin 11.41% vs 12.46% prior year due to sales mix and big deals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918965/000091896523000004/0000918965-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918965/000091896523000004/scsc-20230207.htm
  HTML page:      https://secwatch.observer/filing/0000918965-23-000004

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