Profile
Sector:
TechnologyIndustry:
Electronics & Computer DistributionCountry:
United StatesIPO:
18 March 1994Website:
http://www.scansource.comNext earnings report:
06 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 21:35:42 GMTDividend
Analysts recommendations
Institutional Ownership
SCSC Latest News
Here is how ScanSource (SCSC) and Zurn Water (ZWS) have performed compared to their sector so far this year.
Investors with an interest in Industrial Services stocks have likely encountered both ScanSource (SCSC) and W.W. Grainger (GWW).
ScanSource, Inc. (NASDAQ:SCSC ) Q1 2025 Earnings Conference Call November 7, 2024 10:30 AM ET Company Participants Mary Gentry - Senior Vice President, Treasurer and Investor Relations Mike Baur - Chair and Chief Executive Officer Steve Jones - Senior Executive Vice President, Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Keith Housum - Northcoast Research Michael Latimore - Northland Securities Logan Katzman - Raymond James Operator Welcome to the ScanSource Quarterly Earnings Conference Call. All lines have been placed in a listen-only mode until the question-and-answer session.
ScanSource has shown solid growth and smart acquisitions, but mixed financials with dropping sales, high costs, and potentially overpriced stock raise concerns. Despite a strong 2024 performance, long-term returns lag behind the S&P 500, and the stock lacks dividends, making it less attractive for income-focused investors. Recent acquisitions like Resourcive and Advantix aim to boost high-margin, recurring revenue, but high acquisition costs and weak sales numbers pose risks.
SCSC witnesses year-over-year declines in both its top and bottom lines in fiscal 2024 due to weak demand.
U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday.
Investors looking for stocks in the Industrial Services sector might want to consider either ScanSource (SCSC) or W.W. Grainger (GWW).
ScanSource (SCSC) witnesses year-over-year declines in both its top and bottom line in second-quarter fiscal 2024 on weak demand. The company also lowered its fiscal 2024 view.
ScanSource, Inc. (SCSC) Q2 2024 Earnings Call Transcript
ScanSource (SCSC) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $1.06 per share a year ago.
What type of business is ScanSource?
ScanSource, Inc. offers technological products and solutions. The company and its subsidiaries provide solutions for technology manufacturers and sell them to technology markets intermediaries, in particular, solutions for point of sale (POS), barcodes, networks and security, communications and new technologies. ScanSource, Inc. was founded in 1992 with headquarters in Greenville, South Carolina. The Barcode and Security Solutions Distribution segment specializes in automatic identification and data entry systems (AIDC), POS solutions, electronic physical security systems, and three-dimensional (3D) printing technologies. The Communications and Services Distribution segment deals with communication technologies and services.
What sector is ScanSource in?
ScanSource is in the Technology sector
What industry is ScanSource in?
ScanSource is in the Electronics & Computer Distribution industry
What country is ScanSource from?
ScanSource is headquartered in United States
When did ScanSource go public?
ScanSource initial public offering (IPO) was on 18 March 1994
What is ScanSource website?
https://www.scansource.com
Is ScanSource in the S&P 500?
No, ScanSource is not included in the S&P 500 index
Is ScanSource in the NASDAQ 100?
No, ScanSource is not included in the NASDAQ 100 index
Is ScanSource in the Dow Jones?
No, ScanSource is not included in the Dow Jones index
When was ScanSource the previous earnings report?
No data
When does ScanSource earnings report?
The next expected earnings date for ScanSource is 06 February 2025