secwatch.observer — SEC 8-K summary
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Issuer:     SCANSOURCE, INC. (SCSC)
CIK:        0000918965
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000918965-25-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ScanSource Q3 beats: non-GAAP EPS $0.86, gross profit +6% YoY; authorizes $200M buyback
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918965/000091896525000016/0000918965-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918965/000091896525000016/scsc-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000918965-25-000016

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