Rachel Hayden departed as Senior Executive Vice President and Chief Information Officer at SCANSOURCE, INC..
“On May 22, 2026, ScanSource, Inc. (the “Company”) notified Rachel Hayden, who served as Senior Executive Vice President and Chief Information Officer, that her role will be eliminated effective June 8, 2026.”
Earnings Releases
SCANSOURCE, INC. reported third quarter ended March 31, 2026 results: revenue $ 766,790, net income $ 16,885, EPS $ 0.78. Guidance raised.
“the third quarter ended March 31, 2026. Third Quarter Summary Q3 FY26 Q3 FY25 Change (in thousands, except percentages and per share data) Select reported measures: Net sales $ 766,790 $ 704,847 8.8% Gross profit $ 107,124 $ 100,202 6.9% Gross profit margin % 14.0 % 14.2 % -25bp Operating income $ 23,120 $ 22,339 3.5% GAAP net income $ 16,885 $ 17,431 -3.1% GAAP”
Material Agreements
SCANSOURCE, INC. terminated Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto valued at $350 million multicurrency senior secured revolving credit facility (effective 2025-12-18).
“on December 18, 2025, the Company terminated and repaid all indebtedness and other obligations outstanding under its Third Amended and Restated Credit Agreement (the “Prior Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto, which provided for (i) a five-year, $350 million multicurrency senior secured revolving credit facility and (ii) a five-year $150 million senior secured term loan facility.”
Material Agreements
SCANSOURCE, INC. entered into New Credit Agreement with PNC Bank, National Association, as administrative agent, and the other lenders party thereto valued at $400 million multicurrency senior secured revolving credit facility (effective 2025-12-18).
“On December 18, 2025, ScanSource, Inc. (the “Company”) entered into a credit agreement (the “New Credit Agreement”) with PNC Bank, National Association, as administrative agent (“PNC”), and the other lenders party thereto, providing for (i) a five-year, $400 million multicurrency senior secured revolving credit facility and (ii) a five-year $100 million senior secured term loan facility (the “New Credit Facilities”).”
Debt Financings
SCANSOURCE, INC. incurred credit facility of $400 million multicurrency senior secured revolving credit facility and $100 million senior secured term loan facility with PNC Bank, National Association and other lenders party thereto at Term SOFR or daily simple SOFR plus 1.00% to 1.75%, base rate plus 0% to 0.75%, maturing five years.
“On December 18, 2025, ScanSource, Inc. (the “Company”) entered into a credit agreement (the “New Credit Agreement”) with PNC Bank, National Association, as administrative agent (“PNC”), and the other lenders party thereto, providing for (i) a five-year, $400 million multicurrency senior secured revolving credit facility and (ii) a five-year $100 million senior secured term loan facility (the “New Credit Facilities”).”
Auditor Changes
SCANSOURCE, INC. engaged Deloitte as its auditor.
“On November 6, 2025, following the dismissal of Grant Thorton, the engagement of Deloitte as the Company’s independent registered public account firm began for the fiscal year ended June 30, 2026”
Auditor Changes
SCANSOURCE, INC. dismissed Grant Thornton as its auditor.
“On November 6, 2025, Grant Thornton’s dismissal as the Company’s independent registered public accounting firm became effective”
Auditor Changes
SCANSOURCE, INC. engaged Deloitte & Touche LLP as its auditor.
“(b) As a result of the competitive process noted above, on October 9, 2025, the Audit Committee appointed Deloitte & Touche LLP (“Deloitte”) as the Company’s new independent registered public accounting firm for the fiscal year ending June 30, 2026 and related interim periods commencing after September 30, 2025, subject to completion of Deloitte’s standard client acceptance procedures and execution of an engagement letter. During the Company’s two most recent fiscal years ended June 30, 2025 and June 30, 2024, and for the subsequent interim period through October 9, 2025, neither the Company nor anyone on its behalf consulted Deloitte regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was prov”
Auditor Changes
SCANSOURCE, INC. dismissed Grant Thornton LLP as its auditor.
“on October 9, 2025, the Audit Committee approved the dismissal of Grant Thornton as the Company’s independent registered public accounting firm, effective upon completion of the interim review of the quarterly information on Form 10-Q for the three months ended September 30, 2025.”
Michael L. Baur was appointed as President at SCANSOURCE, INC..
“the Company appointed Michael L. Baur, who currently serves as Chair and Chief Executive Officer of the Company, to also serve as President of the Company, effective January 27, 2025.”
Earnings Releases
SCANSOURCE, INC. reported third quarter ended March 31, 2024 results: revenue $ 752,599, net income $ 12,806, EPS $ 0.50. Guidance reaffirmed.
“the third quarter ended March 31, 2024. Third Quarter Summary Q3 FY24 Q3 FY23 Change (in thousands, except percentages and per share data) Select reported measures: Net sales $ 752,599 $ 885,519 -15.0% Gross profit $ 94,481 $ 111,762 -15.5% Gross profit margin % 12.55 % 12.62 % -7bp Operating income $ 17,542 $ 34,279 -48.8% GAAP net income $ 12,806 $ 21,221”
Governance Changes
SCANSOURCE, INC.: Amended Bylaws to update director nomination procedures per Rule 14a-19, including compliance, failure consequences, and proxy card color requirements (effective 2024-05-01).
“On May 1, 2024, the Company amended its Amended and Restated Bylaws (as amended, the “Bylaws”). The Bylaws were amended to update certain procedural requirements relating to director nominations by shareholders in light of the adoption and effectiveness of Rule 14a-19 promulgated under the Exchange Act.”
Earnings Releases
SCANSOURCE, INC. reported full fiscal year ending June 30, 2024 results: revenue At least $3.5 billion. Guidance lowered.
“Updated Annual Financial Outlook for Fiscal Year 2024 ScanSource updates its expectations for net sales and adjusted EBITDA for the full fiscal year ending June 30, 2024 and replaces previously provided guidance: FY24 Annual Outlook Prior FY24 Annual Outlook Net sales At least $3.5 billion At least $3.8 billion Adjusted EBITDA (Non-GAAP) At least $155 million At least $170 million Free cash flow At least $200 million At least $200 million”
Earnings Releases
SCANSOURCE, INC. reported second quarter ended December 31, 2023 results: revenue $884,792, net income $32,726, EPS $1.29.
SCANSOURCE, INC. shareholders approved Advisory Vote to Ratify Grant Thornton LLP as the Independent Auditors for Fiscal 2024 at the 2024-01-25 meeting.
“Advisory Vote to Ratify Grant Thornton LLP as the Independent Auditors for Fiscal 2024 The Company’s shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent auditors for fiscal 2024, based on the following final voting results:”
Shareholder Votes
SCANSOURCE, INC. shareholders approved Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers at the 2024-01-25 meeting.
“Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers, based on the following final voting results:”
Shareholder Votes
SCANSOURCE, INC. shareholders approved Election of Directors at the 2024-01-25 meeting.
“The Company’s shareholders approved the slate of directors consisting of eight members to hold office until the next annual meeting of shareholders or until their successors are duly elected and qualified, based on the following final voting results:”
Earnings Releases
SCANSOURCE, INC. updated its fiscal year ended June 30, 2024 guidance (lowered).
“ScanSource updates its expectations for the full fiscal year ended June 30, 2024 and replaces previously provided guidance. FY24 Annual Outlook Prior FY24 Annual Outlook Net sales At least $3.8 billion Net sales growth: At least 3% Adjusted EBITDA (Non-GAAP) At least $170 million At least $180 million Free cash flow At least $200 million At least $150 million”
Earnings Releases
SCANSOURCE, INC. reported first quarter ended September 30, 2023 results: revenue $876,305, net income $15,432, EPS $0.61 per diluted share.
“results for the first quarter ended September 30, 2023. First Quarter Summary Q1 FY24 Q1 FY23 Change (in thousands, except per share data) Select reported measures: Net sales $ 876,305 $ 943,813 -7.2% Gross profit $ 106,508 $ 113,485 -6.1% Gross profit margin % 12.15 % 12.02 % 13bp Operating income $ 24,084 $ 34,888 -31.0% GAAP net income $ 15,432 $ 24,042”
Charles R. Whitchurch departed as Director at SCANSOURCE, INC..
“On November 6, 2023, Charles R. Whitchurch, who has served on the Company's Board of Directors (the "Board") since 2009, notified the Board that he plans to retire from the Board when his current term of office expires at the next Annual Meeting of Shareholders.”
John Eldh resigned as President at SCANSOURCE, INC..
“On September 22, 2023, John Eldh notified ScanSource, Inc. (the “Company”) of his decision to resign from his role as President of the Company, effective November 17, 2023.”
Earnings Releases
SCANSOURCE, INC. updated its full fiscal year ended June 30, 2024 guidance (initiated).
“Annual Financial Outlook for Fiscal Year 2024 The following guidance is based on ScanSource's current expectations for the full fiscal year ended June 30, 2024.”
Earnings Releases
SCANSOURCE, INC. reported financial results for the fiscal year ended June 30, 2023.
“On August 22, 2023, ScanSource, Inc. (the "Company") issued a press release announcing its financial results for its fourth quarter ended June 30, 2023.”
Earnings Releases
SCANSOURCE, INC. reported financial results for fourth quarter ended June 30, 2023.
“On August 22, 2023, ScanSource, Inc. (the "Company") issued a press release announcing its financial results for its fourth quarter ended June 30, 2023.”
Vernon J. Nagel was appointed as director at SCANSOURCE, INC..
“On August 16, 2023, the Board of Directors (the “Board”) of ScanSource, Inc. (the “Company”) increased the size of its Board to nine members and appointed Vernon J. Nagel as a director of the Company.”
Earnings Releases
SCANSOURCE, INC. reported third quarter ended March 31, 2023 results: revenue $885.5 million, net income $21.2 million, EPS $0.83 per diluted share. Guidance raised.
“how our diversified portfolio of technologies is driving our hybrid distribution success.” Quarterly Results Net sales for the third quarter of fiscal year 2023 totaled $885.5 million, up 4.7% year-over-year. Specialty Technology Solutions net sales for the third quarter increased 12.4% year-over-year to $565.7 million, led by growth in networking, security,”
Brandy Ford was appointed as Senior Vice President, Chief Accounting Officer at SCANSOURCE, INC..
“On May 4, 2023, the Company appointed Brandy Ford as Senior Vice President, Chief Accounting Officer of the Company, effective May 4, 2023.”
Earnings Releases
SCANSOURCE, INC. updated its the full fiscal year ended June 30, 2023 guidance (raised).
“ScanSource raises its expectations for the full fiscal year ended June 30, 2023 and replaces previously provided guidance.”
Earnings Releases
SCANSOURCE, INC. reported second quarter ended December 31, 2022 results: revenue $1.0 billion, net income $25.7 million, EPS $1.01 per diluted share. Guidance raised.
“Net sales for the second quarter of fiscal year 2023 totaled $1.0 billion, up 17.0% year-over-year, or 16.4% year-over-year for organic growth.”
Shareholder Votes
SCANSOURCE, INC. shareholders approved Advisory Vote to Ratify Grant Thornton LLP as the Independent Auditors for Fiscal 2023 at the 2023-01-26 meeting.
“The Company’s shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent auditors for fiscal 2023, based on the following final voting results:”
Shareholder Votes
SCANSOURCE, INC. shareholders approved Advisory Vote to Approve the Frequency of Future Advisory Votes on the Compensation of the Company’s Named Executive Officers at the 2023-01-26 meeting.
“The Company’s shareholders approved, on an advisory basis, one year for the frequency of future advisory votes on the compensation of the Company’s named executive officers, based on the following final voting results:”
Shareholder Votes
SCANSOURCE, INC. shareholders approved Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers at the 2023-01-26 meeting.
“The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers, based on the following final voting results:”
Shareholder Votes
SCANSOURCE, INC. shareholders approved Election of Directors at the 2023-01-26 meeting.
“The Company’s shareholders approved the slate of directors consisting of eight members to hold office until the next annual meeting of shareholders or until their successors are duly elected and qualified, based on the following final voting results:”
Earnings Releases
SCANSOURCE, INC. updated its fiscal year 2023 guidance (reaffirmed).
“ScanSource reaffirms previously provided guidance set forth below for the full fiscal year ended June 30, 2023.”
Earnings Releases
SCANSOURCE, INC. reported first quarter ended September 30, 2022 results: revenue $943.8 million, net income $24.0 million, EPS $0.94.
“Net sales for the first quarter of fiscal year 2023 totaled $943.8 million, up 10.1% year-over-year, with strong growth in North America.”
Michael Grainger departed as Director at SCANSOURCE, INC..
“Michael Grainger, who has served on the Board since 2004, notified the Board that he plans to retire from the Board when his current term of office expires at the next Annual Meeting of Shareholders.”
Matthew S. Dean departed as Senior Executive Vice President, Chief Legal Officer and Corporate Secretary at SCANSOURCE, INC..
“On July 29, 2022, Matthew S. Dean departed from the Company and ended his service as Senior Executive Vice President, Chief Legal Officer and Corporate Secretary of the Company.”
Michael L. Baur changed role as President at SCANSOURCE, INC..
“Michael L. Baur, who currently serves as Chairman, Chief Executive Officer and President of the Company, will continue to serve as the Company’s Chairman and Chief Executive Officer.”
John Eldh was appointed as President at SCANSOURCE, INC..
“On February 3, 2022, the Company appointed John Eldh as President of the Company, effective February 3, 2022.”
Jack Reilly departed as Director at SCANSOURCE, INC..
“On August 18, 2021, Jack Reilly, who has served on the Board since 2001, notified the Board that he plans to retire from the Board when his current term of office expires at the next Annual Meeting of Shareholders.”
Charles A. Mathis was appointed as Director at SCANSOURCE, INC..
“On August 19, 2021, the Board of Directors (the “Board”) of ScanSource, Inc. (the “Company”) increased the size of its Board to ten members and appointed Charles A. Mathis as a director of the Company, both effective August 19, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.