earnings
confidence high
sentiment positive
materiality 0.75
ScanSource Q3 beats: non-GAAP EPS $0.86, gross profit +6% YoY; authorizes $200M buyback
SCANSOURCE, INC.
2025-Q3 EPS
reported $2.13
vs consensus $0.95
▲ beat
(+124.5%)
- GAAP diluted EPS $0.74 (up 48% YoY); non-GAAP diluted EPS $0.86 (up 25% YoY); net sales $705M (-6.3% YoY).
- Gross profit $100M (+6.1% YoY); gross margin 14.2% (+166bp); adjusted EBITDA $35M (+5.9%); margin 4.97%.
- Both segments grew gross profit: STS +3%, I&A +16%; hardware demand improved late in quarter with return of large deals.
- Board authorized new $200M share repurchase program; Q3 repurchases $29M; net debt to adjusted EBITDA 0.1x.
- Updated FY2025 outlook: adjusted EBITDA $140-145M, free cash flow at least $70M, mid-term net sales ~$3B.