secwatch.observer — SEC 8-K summary
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Issuer:     SCANSOURCE, INC. (SCSC)
CIK:        0000918965
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0000918965-23-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918965/000091896523000011/0000918965-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918965/000091896523000011/scsc-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000918965-23-000011

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