secwatch.observer — SEC 8-K summary
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Issuer:     SCANSOURCE, INC. (SCSC)
CIK:        0000918965
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0000918965-25-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ScanSource Q2 net sales $747M (-15.5% YoY); non-GAAP EPS unchanged at $0.85; CEO Baur adds President title
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- GAAP diluted EPS $0.70, down 45.7% YoY; non-GAAP diluted EPS $0.85, unchanged.
- Gross profit $102M (+1% YoY); margin 13.6% (up 222bp) on favorable mix and recurring revenue growth.
- Recurring revenue as % of gross profit rose to 32%; FY25 outlook: adj EBITDA $140-160M, FCF ≥$70M.
- Intelisys & Advisory segment net sales +4% YoY to $24M, gross profit $24M (98.9% margin).
- Michael L. Baur appointed President, in addition to Chair and CEO, effective Jan 27, 2025; compensation unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918965/000091896525000008/0000918965-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918965/000091896525000008/scsc-20250130.htm
  HTML page:      https://secwatch.observer/filing/0000918965-25-000008

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