---
schema_version: "secwatch.filing_event.v1"
accession: "0000918965-23-000011"
form_type: "8-K"
ticker: "SCSC"
cik: "0000918965"
company_name: "SCANSOURCE, INC."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T11:34:12.721415+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ScanSource Q3 beats expectations; raises FY23 adjusted EBITDA guidance to at least $182M

## Summary
- Net sales $885.5M (+4.7% YoY); GAAP EPS $0.83, Non-GAAP EPS $0.96.
- Specialty Technology Solutions net sales +12.4% YoY to $565.7M; Modern Comms & Cloud -6.7% to $319.9M.
- Adjusted EBITDA raised to at least $182M (prior $176M); net sales growth outlook unchanged at 6.5%.
- Brandy Ford appointed SVP, Chief Accounting Officer effective May 4, 2023.
- Operating cash flow $54.8M in Q3; TTM adjusted EBITDA all-time record $178.4M.

## SEC filing metadata
- accession: 0000918965-23-000011
- form_type: 8-K
- ticker: SCSC
- cik: 0000918965
- company_name: SCANSOURCE, INC.
- filed_at: 2023-05-09T23:59:59+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/918965/000091896523000011/0000918965-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918965/000091896523000011/scsc-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918965-23-000011
- JSON: https://secwatch.observer/filing/0000918965-23-000011.json
- Plain text: https://secwatch.observer/filing/0000918965-23-000011.txt

## Key facts
- Earnings Releases
  SCANSOURCE, INC. reported third quarter ended March 31, 2023 results: revenue $885.5 million, net income $21.2 million, EPS $0.83 per diluted share. Guidance raised.
  - Period: third quarter ended March 31, 2023
  - Revenue: $885.5 million
  - Net income: $21.2 million
  - EPS: $0.83 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: how our diversified portfolio of technologies is driving our hybrid distribution success.” Quarterly Results Net sales for the third quarter of fiscal year 2023 totaled $885.5 million, up 4.7% year-over-year. Specialty Technology Solutions net sales for the third quarter increased 12.4% year-over-year to $565.7 million, led by growth in networking, security,
  evidence_url: https://www.sec.gov/Archives/edgar/data/918965/000091896523000011/0000918965-23-000011-index.htm
- Executive change
  Brandy Ford was appointed as Senior Vice President, Chief Accounting Officer at SCANSOURCE, INC..
  - Action: appointed
  - Role: Senior Vice President, Chief Accounting Officer
  source text: On May 4, 2023, the Company appointed Brandy Ford as Senior Vice President, Chief Accounting Officer of the Company, effective May 4, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918965/000091896523000011/0000918965-23-000011-index.htm

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