ScanSource to buy MicroAge for $220.5M in another convergence push
IT distributor ScanSource announced its intent to acquire value-added reseller and managed service provider MicroAge for $220.5 million in an all-cash transaction. This acquisition aims to augment channel partners that lack customer service and support organizations, particularly by providing access to MicroAge's hardware, professional services, and consulting expertise, including its Octum.ai consulting business. ScanSource CEO Mike Baur stated the move is part of a decade-long strategy to integrate its distinct partner bases and technology portfolios, allowing the company to directly support partners' service gaps and leverage consulting revenue opportunities, especially in AI.
ScanSource, Inc. entered into a stock purchase agreement to acquire Frontier Technology LLC for $230 million.
ScanSource, Inc. has agreed to acquire Frontier Technology LLC for $230 million, with $220.5 million payable in cash at closing. The acquisition, expected to close in September 2026 pending regulatory approval and customary conditions, is anticipated to enhance ScanSource's gross profit margin, adjusted EBITDA margin, and non-GAAP EPS in its first year, while also being free cash flow positive. Funding for the acquisition will come from ScanSource's existing credit facility.
ScanSource CEO Says It’s Time to ‘Take Market Share’
ScanSource (NASDAQ: SCSC) reported strong fiscal fourth-quarter 2026 results, exceeding Wall Street expectations, and announced a new strategy focused on aggressively gaining market share rather than defending its current position. The company's CEO, Mike Bauer, emphasized the strategic importance of the MicroAge acquisition in expanding capabilities in AI, data centers, cloud, and cybersecurity. ScanSource also provided an optimistic outlook for fiscal 2027, projecting significant sales growth and improved financial metrics.
SCSC | Scansource Inc Financials - Income Statement
This page provides financial information for Scansource Inc (SCSC), including its income statement, balance sheet, and cash flow data. It also details government contracts awarded to SCSC, information on insider trading, institutional holdings, and analyst ratings. The article outlines the company's business segments, executive compensation, and offers a "Smart Score" based on various data points.
ScanSource soars 19% on earnings beat, MicroAge deal
ScanSource Inc. (NASDAQ:SCSC) reported strong fourth-quarter results, surpassing analyst expectations with adjusted EPS of $1.46 and revenue of $953.1 million, a 17% increase year-over-year. The technology distributor also announced the acquisition of IT solutions integrator MicroAge for $220.5 million in cash, which is expected to accelerate growth and expand margins. Following these announcements, ScanSource shares surged 19.2% in premarket trading.
ScanSource to Acquire MicroAge, a Leading IT Solutions Integrator
ScanSource, Inc. has announced a definitive agreement to acquire MicroAge, a leading IT solutions integrator, MSP, and digital transformation partner, for $220.5 million in an all-cash transaction. This acquisition is expected to enhance ScanSource's capabilities in strategic growth technologies like cloud, cybersecurity, data center, and AI, accelerate revenue growth, and expand margin opportunities. The deal is projected to be accretive to gross profit margin, adjusted EBITDA margin, and non-GAAP EPS in the first year, and is anticipated to close by September 30, 2026.
ScanSource: Fiscal Q4 Earnings Snapshot
ScanSource Inc. reported a net income of $25.6 million for its fiscal fourth quarter, with earnings of $1.24 per share and adjusted earnings of $1.46 per share. The technology products distributor achieved revenue of $953.1 million in the quarter. For the full fiscal year, the company posted a profit of $78.9 million, or $3.64 per share, on revenues totaling $3.23 billion.
ScanSource shares jump 19% after Q4 beat and $220.5 million MicroAge deal
ScanSource Inc. (SCSC) shares rose 19% after exceeding fourth-quarter earnings and revenue expectations and announcing the acquisition of IT solutions integrator MicroAge for $220.5 million in cash. The company reported adjusted EPS of $1.46 and revenue of $953.1 million, driven by strong hardware demand. The MicroAge acquisition is expected to boost growth, expand margins, and add new service capabilities, with ScanSource also forecasting continued sales growth for fiscal year 2027.
ScanSource sales rose 17.3% as it agreed to buy MicroAge for $220.5M
ScanSource (NASDAQ: SCSC) announced strong fourth-quarter and full-year fiscal 2026 results, with Q4 net sales growing 17.3% year-over-year to $953.1 million and GAAP diluted EPS reaching $1.24. Concurrently, the company revealed an agreement to acquire MicroAge, an IT solutions integrator, for $220.5 million in an all-cash transaction. This acquisition is expected to enhance ScanSource's technology solutions capabilities and expand its presence in key growth areas like cloud, cybersecurity, data center, and AI.
ScanSource Stock Gains 17% After Reporting Q4 Results, Acquisition Deal With MicroAge
ScanSource, Inc. (SCSC) saw its stock rise by 17% after reporting strong fourth-quarter financial results. The company's profit increased to $25.62 million, or $1.24 per share, and revenue grew to $953.11 million. Additionally, ScanSource announced a definitive agreement to acquire IT solutions integrator MicroAge for $220.5 million, a deal expected to be accretive to key financial metrics in the first year.
ScanSource faces earnings test after strong rally, downgrade
ScanSource (SCSC) is set to report its fourth-quarter fiscal 2026 results, facing scrutiny after a significant stock rally and a recent analyst downgrade. Analysts anticipate earnings of $1.14 per share and revenue of $821.95 million, showing sequential improvement driven by potential margin expansion or cost discipline. Investors will focus on the sustainability of this growth and the impact of recent partnerships, particularly as the technology distribution sector faces modest overall growth.
ScanSource faces earnings test after strong rally, downgrade
ScanSource Inc. is set to release its fourth-quarter fiscal 2026 results, with analysts anticipating strong sequential growth in earnings despite a modest year-over-year revenue increase and a recent analyst downgrade. Investors will be focused on the drivers of this earnings surge, particularly margin expansion and the impact of recent strategic partnerships, as the company navigates a challenging technology distribution sector. The report will be a critical test following a significant stock rally and increased investor scrutiny.
Stocks making big moves yesterday: Kyndryl, ScanSource, SentinelOne, FTAI Aviation, and Semtech
This article details the stock movements of several companies yesterday. Kyndryl and ScanSource saw declines due to potential cybersecurity issues and a director's retirement, respectively. SentinelOne also dropped after a downgrade from Deutsche Bank, while FTAI Aviation and Semtech experienced gains following a financing facility closure and the sale of a business unit, respectively.
Meeder Asset Management Inc. Acquires Shares of 93,287 ScanSource, Inc. $SCSC
Meeder Asset Management Inc. has acquired a new stake of 93,287 shares in ScanSource, Inc. (NASDAQ:SCSC), valued at approximately $4.86 million, representing 0.46% of the company. Other institutional investors have also adjusted their positions, and institutions collectively own about 97.91% of ScanSource's stock. Despite a consensus "Hold" rating and an average price target of $43.00, the stock opened at $51.71.
Pzena Investment Management LLC Makes New $57.81 Million Investment in ScanSource, Inc. $SCSC
Pzena Investment Management LLC has made a new investment of $57.81 million in ScanSource, Inc., acquiring 1.11 million shares which represents a 5.46% stake in the company. Institutional investors now collectively own 97.91% of ScanSource. Analyst sentiment is mixed, with four analysts rating the stock "Hold" and a consensus price target of $43.00, despite some recent rating changes.
ScanSource board member Peter Browning retires after 12 years By Investing.com
Peter C. Browning has retired from ScanSource Inc.'s Board of Directors after serving for 12 years, including as Lead Independent Director from 2019 to 2026. His departure reduces the board to seven members. ScanSource, a technology distributor, acknowledged Browning's significant contributions and leadership during his tenure.
ScanSource (SCSC) Stock Trades Down, Here Is Why
ScanSource (SCSC) shares fell by 3.7% following the announcement of director Peter C. Browning's retirement from its Board of Directors, effective August 12, 2026. While the company stated the departure was amicable and not due to any disagreement, the market reacted by pushing the stock down. This follows a previous significant drop six months ago when ScanSource reported disappointing Q4 results and a weak full-year forecast.
ScanSource (SCSC) Q4 2026 Preview: EPS Est. $1.14, Reports August 20
ScanSource (SCSC) is expected to report Q4 fiscal 2026 earnings of $1.14 per share on revenue of $802.0M on August 20. Analyst confidence has slightly eroded, with EPS estimates declining over the past three months, and the revenue outlook implies a 1.3% year-over-year contraction. Investors should focus on gross margin performance, operating margin, inventory levels, and forward guidance to assess the company's ability to maintain profitability amidst revenue pressure.
ScanSource Announces Retirement of Peter Browning from Board of Directors
ScanSource, Inc. announced the retirement of Peter C. Browning from its Board of Directors, effective August 12, 2026. Browning served as a Director since 2014 and as Lead Independent Director from 2019 to 2026. His departure reduces the board to seven members, and ScanSource leadership expressed gratitude for his significant contributions and guidance.
ScanSource (NASDAQ:SCSC) Shares Gap Down Following Analyst Downgrade
ScanSource (NASDAQ:SCSC) experienced a share price gap down after Northcoast Research downgraded the stock from "Buy" to "Neutral." The stock opened at $50.54, significantly lower than its previous close of $53.19. Analyst sentiment is generally cautious, with an average price target of $43.00, while institutional investors hold a substantial portion of the company's shares.
ScanSource, Inc. Announces Retirement of Peter Browning from Board of Directors, Effective August 12, 2026
ScanSource, Inc. announced the retirement of Peter C. Browning from its Board of Directors, effective August 12, 2026. Browning had served as a Director since 2014 and as Lead Independent Director from February 2019 to January 2026. Following his retirement, the ScanSource Board of Directors will consist of seven members.
SCSC Looks 21.0% Overvalued on GF Value™
ScanSource Inc (SCSC) is currently trading 21.0% above its intrinsic value, with a GF Value™ of $43.93 compared to its market price of $53.15. Despite this overvaluation, the company holds a strong GF Score™ of 73/100, bolstered by robust momentum and financial strength. Insider selling has outpaced buying, and growth metrics are subdued, suggesting investors should exercise caution and monitor future developments.
ScanSource board member Peter Browning retires after 12 years By Investing.com
ScanSource Inc. announced the retirement of Peter C. Browning from its Board of Directors on August 12, after 12 years of service, including a tenure as Lead Independent Director. His departure reduces the board to seven members. Both the Chair and CEO, Mike Baur, and current Lead Independent Director, Charlie Mathis, thanked Browning for his significant contributions and expertise to the technology distributor.
ScanSource (NASDAQ:SCSC) Downgraded by Northcoast Research to Neutral
Northcoast Research downgraded ScanSource (NASDAQ:SCSC) from a "buy" to a "neutral" rating, contributing to the stock's overall "Hold" consensus among analysts with a $43.00 price target. Despite the downgrade, institutional investors hold a significant portion of ScanSource shares, with BlackRock Inc. and Pzena Investment Management LLC recently increasing their positions. ScanSource opened at $53.19, near its 52-week high, and has a market capitalization of $1.08 billion.
ScanSource board member Peter Browning retires after 12 years
ScanSource Inc. announced the retirement of Peter C. Browning from its Board of Directors after 12 years of service. Browning, who also served as Lead Independent Director, stepped down on August 12, leading to a reduction in the board's size to seven members. The company's CEO and current Lead Independent Director expressed gratitude for his leadership and expertise.
Peter C. Browning retires from ScanSource board, reducing board to seven members
Peter C. Browning has retired from the ScanSource (SCSC) Board of Directors, effective August 12, 2026. His retirement was due to a transition and not any disagreement with the company. This change reduces the board to seven members.
ScanSource Board Shrinks to Seven as a Director Retires
ScanSource, Inc. announced the retirement of Peter C. Browning from its Board of Directors, effective August 12, 2026. Browning served as a Director since 2014 and as Lead Independent Director from 2019 to 2026. Following his departure, the ScanSource Board has been reduced to seven members.
Renaissance Technologies LLC Invests $766,000 in ScanSource, Inc. $SCSC
Renaissance Technologies LLC recently acquired a new position in ScanSource, Inc. (NASDAQ:SCSC), investing $766,000 for 21,110 shares, representing 0.10% of the company. Institutional investors collectively own 97.91% of ScanSource. Despite an average "Hold" rating from analysts and a target price of $43, Wall Street Zen recently upgraded the stock to "Buy."
ScanSource (SCSC) Projected to Announce Earnings on Thursday
ScanSource (NASDAQ:SCSC) is projected to announce its Q4 2026 earnings before market open on Thursday, August 20th, with analysts forecasting $1.11 earnings per share and $814.35 million in revenue. The company's stock opened at $51.98, has a market capitalization of $1.06 billion, and institutional investors hold 97.91% of its shares. While the consensus analyst rating is "Hold" with a $43 price target, Wall Street Zen recently upgraded the stock to "Buy."
Wasatch Advisors LP Has $55.82 Million Stock Holdings in ScanSource, Inc. $SCSC
Wasatch Advisors LP slightly reduced its stake in ScanSource, Inc. (NASDAQ:SCSC) by 2.6% in the second quarter but still holds 1.07 million shares valued at $55.82 million, representing 5.27% of the company. Other institutional investors like Pacer Advisors and California State Teachers Retirement System increased their holdings, with institutional ownership of ScanSource reaching 97.91%. ScanSource shares recently traded down 4.0% at $51.85, and analysts currently have a consensus "Hold" rating with a $43.00 price target.
ScanSource (SCSC) Stock Looks Fairly Valued On Cash Flow But Undervalued On Earnings
ScanSource (SCSC) stock appears fairly valued based on its discounted cash flow model, which aligns closely with its current share price. However, the company's P/E ratio suggests it is undervalued compared to industry and peer averages, trading at a discount. The article concludes that the stock is in an interesting middle ground, with the potential for its earnings multiple to improve if earnings quality and margins remain strong.
Price to book forward of ScanSource, Inc. – BX:SC3
This article provides financial data for ScanSource, Inc. (BX:SC3), specifically focusing on its price-to-book forward ratio. It highlights that the market was closed at the time of publication, with no trades recorded. The content is presented as a financial overview from TradingView, including information on the company's financials, news, and community discussions.
(SCSC) Movement Within Algorithmic Entry Frameworks
This article analyzes Scansource Inc. (NASDAQ: SCSC) using algorithmic entry frameworks. It highlights positive sentiment, compelling upside potential due to a lack of resistance levels, and provides three distinct AI-generated trading strategies: Position Trading, Momentum Breakout, and Risk Hedging. The analysis includes multi-timeframe signal strength and support/resistance levels for various holding periods.
(SCSC) Movement Within Algorithmic Entry Frameworks
The article analyzes Scansource Inc. (NASDAQ: SCSC) using AI models, identifying potential for upside movement given strong near and mid-term sentiment and the absence of resistance levels above the current price. It outlines three institutional trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—along with multi-timeframe signal analysis. The analysis suggests prevailing positive sentiment and provides key signals for positioning and risk management.
ScanSource (NASDAQ:SCSC) Upgraded to "Buy" at Wall Street Zen
ScanSource (NASDAQ:SCSC) has been upgraded to a "Buy" rating by Wall Street Zen, while Weiss Ratings also issued a smaller upgrade to "Hold (C+)". Despite these individual upgrades, the broader analyst consensus for the stock remains "Hold" with an average price target of $43.00. The company recently reported strong quarterly results, beating EPS and revenue estimates, with an 8.8% year-over-year revenue increase.
Scansource Inc (SCSC) Stock News Today
This article provides an overview of Scansource Inc (SCSC) stock, including its current market price, market capitalization, and P/E ratio. It highlights that more news, earnings, analyst ratings, and key developments related to Scansource Inc stock are anticipated soon. The page serves as a hub for investors to follow updates on the company.
Scansource Inc (SCSC) Earnings Forecast: Future EPS & Revenue Growth Estimates
The article provides an earnings forecast for Scansource Inc (SCSC), detailing its current earnings forecast score, average price target, and analyst ratings. Based on 3 analysts, the stock has a "Buy" trend with a target price of $50.00. It also outlines expected revenue and EPS for upcoming quarters and compares SCSC's rating to its peers in the Computers, Phones & Household Electronics industry.
JSG lures 27-year ScanSource vet
JS Group, a channel consulting firm, has hired Paul Constantine, a 27-year veteran of ScanSource, as its chief engagement officer. Constantine, formerly EVP of supplier services at ScanSource subsidiary Intelisys, will focus on developing go-to-market strategies for vendors, distributors, and channel partners. His appointment comes as JSG expands its relationships with Technology Services Distributors (TSDs) and highlights the growing validation of the TSD model in the telecom industry.
Pacer Advisors Inc. Grows Stock Position in ScanSource, Inc. $SCSC
Pacer Advisors Inc. significantly increased its stake in ScanSource, Inc. by 69.7% in the first quarter, bringing its total holdings to 130,788 shares valued at $4.75 million. Other institutional investors also modified their positions, with institutional ownership now at 97.91%. ScanSource beat Q1 earnings expectations, reporting $0.94 EPS and revenue of $758.59 million, but analysts maintain a "Hold" rating with an average price target below the current trading price.
BlackRock, Inc. Trims ScanSource Inc (SCSC) Stake -- Shares Trad
BlackRock, Inc. reduced its stake in ScanSource Inc (SCSC) by selling 370,729 shares on June 30, 2026, yet still retains a significant 16.30% ownership. Despite the sell-off, ScanSource's stock has risen, trading 31% above its GF Value, indicating it is overvalued. The move by BlackRock, a major investment firm, highlights a strategic adjustment while ScanSource faces weak fundamental growth indicators despite strong market momentum and a solid balance sheet.
Arrowstreet Capital Limited Partnership Sells 42,121 Shares of ScanSource, Inc. $SCSC
Arrowstreet Capital Limited Partnership reduced its stake in ScanSource, Inc. (NASDAQ:SCSC) by 44.4% in the first quarter, selling 42,121 shares and retaining 52,800 shares valued at approximately $1.92 million. Despite the institutional sell-off, ScanSource exceeded quarterly earnings expectations with $0.94 EPS and $758.59 million in revenue, an 8.8% year-over-year increase. Analysts maintain an average "Hold" rating for the stock, with a consensus price target of $43.00, significantly below its current trading price of $57.37.
ScanSource sets Aug. 20 results date; call follows at 10:30 a.m.
ScanSource, Inc. (NASDAQ: SCSC) announced it will release its fourth quarter and fiscal year 2026 financial results on Thursday, August 20, 2026, at approximately 8:30 a.m. ET. The company will host an earnings conference call to discuss these results later that day at 10:30 a.m. ET, accessible via a live Internet webcast on its Investor Relations website. A replay of the webcast will also be available for 60 days.
ScanSource (NASDAQ:SCSC) Sets New 12-Month High - Should You Buy?
ScanSource (NASDAQ:SCSC) recently hit a new 52-week high, trading at nearly $59. Despite exceeding quarterly earnings and revenue estimates, analysts maintain a "Hold" rating with an average price target significantly below its current trading price. Institutional investors have increased their holdings in ScanSource, with 97.91% of the stock owned by such entities.
ScanSource (SCSC): Buy, Sell, or Hold Post Q1 Earnings?
ScanSource (SCSC) shares have surged 62% to a 52-week high of $58.91 following solid quarterly results. Despite this performance, StockStory advises caution due to concerns about the company's long-term revenue growth, slim projected revenue growth of 2.4%, and a mediocre free cash flow margin of 3.4%. The article suggests that while some investors with higher risk tolerance might find SCSC appealing, there are more exciting investment opportunities elsewhere.
Scansource Inc stock hits all-time high at 58.94 USD By Investing.com
ScanSource Inc. (SCSC) stock reached an all-time high of $58.94, driven by strong investor sentiment and impressive financial performance. The company's market capitalization stands at $1.19 billion, with significant year-to-date and 1-year returns. Recent positive news includes exceeding Q3 fiscal year 2026 earnings and revenue forecasts, and an expanded partnership with HPE to include Juniper Networking products.
Scansource Inc stock hits all-time high at 58.94 USD By Investing.com
ScanSource Inc. (SCSC) stock reached an all-time high of $58.94, driven by strong investor confidence and recent positive financial results, including an earnings beat and an expanded partnership with HPE. The company's market capitalization stands at $1.19 billion, with significant year-to-date and 1-year returns. InvestingPro analysis suggests the stock may still be undervalued despite its current peak.
Scansource Inc stock hits all-time high at 58.94 USD
ScanSource Inc. (SCSC) stock has reached an all-time high of $58.94, reflecting strong investor confidence and a significant upward trend, with a 51.67% increase over the past year. The company's market capitalization is $1.19 billion, and its P/E ratio is 17.73, with InvestingPro analysis suggesting it may still be undervalued. This milestone follows better-than-expected Q3 FY26 earnings and an expanded partnership with HPE to include Juniper Networking products.
Scansource Inc stock hits all-time high at 58.94 USD By Investing.com
ScanSource Inc. (SCSC) stock has reached an all-time high of $58.94, reflecting strong investor confidence and business performance. The company reported impressive Q3 FY2026 results, surpassing EPS and revenue forecasts, and expanded its partnership with HPE to include HPE Juniper Networking products. These developments highlight ScanSource's strategic growth and positive market position.
Scansource Inc stock hits all-time high at 58.94 USD By Investing.com
ScanSource Inc. (SCSC) stock reached an all-time high of $58.94, driven by positive investor sentiment and strong financial performance. The company's market capitalization is $1.19 billion, with significant year-over-year and year-to-date gains. Recent developments include exceeding Q3 FY2026 earnings and revenue forecasts, and an expanded partnership with HPE to include Juniper Networking products.
Scansource Inc (SCSC) Cash Flow
This article provides a detailed cash flow statement for Scansource Inc (SCSC), including operating, investing, and financing cash flow data presented quarterly and annually. It highlights key financial figures such as operating cash flow, capital expenditures, and free cash flow, along with year-over-year changes. The document also includes an FAQ section explaining different types of cash flow and their significance for investors.
