secwatch.observer — SEC 8-K summary
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Issuer:     SCANSOURCE, INC. (SCSC)
CIK:        0000918965
Form:       8-K
Filed at:   2024-08-27T23:59:59+00:00
Accession:  0000918965-24-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ScanSource Q4 revenue down 21% YoY to $746M; FY cash flow strong at $372M
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- GAAP diluted EPS $0.64 (Q4), down 5.9% YoY; non-GAAP diluted EPS $0.80, up 5.3% YoY.
- Full-year FY24 net sales $3.26B (-13.9% YoY); gross margin expanded 38bp to 12.24%.
- Operating cash flow $54.7M in Q4 vs -$15.3M prior year; FY free cash flow $363M.
- FY25 outlook: net sales $3.1-3.5B, adjusted EBITDA $140-160M, free cash flow ≥$70M.
- Announced acquisitions of high-margin recurring revenue businesses; $43M share repurchases in FY24.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918965/000091896524000026/0000918965-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918965/000091896524000026/scsc-20240827.htm
  HTML page:      https://secwatch.observer/filing/0000918965-24-000026

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