ScanSource, Inc. (SCSC)

NASDAQ: SCSC · IEX Real-Time Price · USD
41.02
+0.52 (1.28%)
Apr 19, 2024, 2:29 PM EDT - Market open
1.28%
Market Cap 1.03B
Revenue (ttm) 3.59B
Net Income (ttm) 88.19M
Shares Out 25.17M
EPS (ttm) 3.48
PE Ratio 11.64
Forward PE 10.62
Dividend n/a
Ex-Dividend Date n/a
Volume 49,852
Open 40.21
Previous Close 40.50
Day's Range 40.21 - 41.11
52-Week Range 26.14 - 45.10
Beta 1.51
Analysts Buy
Price Target 35.50 (-13.46%)
Earnings Date May 7, 2024

About SCSC

ScanSource, Inc. distributes technology products and solutions in the United States, Canada, and internationally. It operates through two segments, Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions segment provides a portfolio of solutions primarily for enterprise mobile computing, data capture, barcode printing, point of sale (POS), payments, networking, electronic physical security, cyber security, and other technologies. This segment offers data capture and POS solutions to automate the coll... [Read more]

Sector Technology
IPO Date Mar 18, 1994
Employees 2,300
Stock Exchange NASDAQ
Ticker Symbol SCSC
Full Company Profile

Financial Performance

In 2023, ScanSource's revenue was $3.79 billion, an increase of 7.30% compared to the previous year's $3.53 billion. Earnings were $89.81 million, an increase of 1.14%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SCSC stock is "Buy." The 12-month stock price forecast is $35.5, which is a decrease of -13.46% from the latest price.

Price Target
$35.5
(-13.46% downside)
Analyst Consensus: Buy
Stock Forecasts

News

ScanSource to Announce Third Quarter Fiscal Year 2024 Results May 7, 2024

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced today that it plans to release third quarter fiscal year 202...

2 days ago - Business Wire

ScanSource to Present at Raymond James Institutional Investors Conference

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced plans to present at the Raymond James 45th Annual Institutio...

7 weeks ago - Business Wire

ScanSource Reports Second Quarter Results

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced financial results for the second quarter ended Decembe...

2 months ago - Business Wire

ScanSource Named to FORTUNE's List of World's Most Admired Companies for Eighth Consecutive Year

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, has been named to FORTUNE's 2024 list of World's Most Admired Companie...

2 months ago - Business Wire

ScanSource to Announce Second Quarter Fiscal Year 2024 Results February 6, 2024

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced today that it plans to release second quarter fiscal year 20...

3 months ago - Business Wire

ScanSource Announces New Sales Leader for Intelisys

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the promotion of Robert (Bob) Farbak to Senior Vice Pr...

3 months ago - Business Wire

ScanSource to Present at Raymond James TMT & Consumer Conference

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced plans to present at the Raymond James TMT & Consumer Confere...

5 months ago - Business Wire

ScanSource Wins Americas Distributor Partner of the Year at Cisco Partner Summit 2023

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, has been named 2023 Americas Distributor Partner of the Year at Cisco ...

5 months ago - Business Wire

ScanSource Announces Retirement of Charles R. Whitchurch from Board of Directors

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the upcoming retirement of Charles R. Whitchurch from ...

5 months ago - Business Wire

ScanSource Reports First Quarter Results

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced financial results for the first quarter ended Septembe...

5 months ago - Business Wire

ScanSource to Announce First Quarter Fiscal Year 2024 Results November 9, 2023

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced today that it plans to release first quarter fiscal year 202...

6 months ago - Business Wire

Intelisys Honors Advantix as Top Mobility Supplier

ORLANDO, Fla. , Oct. 18, 2023 /PRNewswire/ -- Intelisys, a ScanSource (NASDAQ: SCSC) company, and a leading technology services distributor of connectivity and cloud services, has named Advantix, the ...

6 months ago - PRNewsWire

ScanSource Board Member Peter Browning Recognized with NACD Lifetime Achievement Award

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, is pleased to announce that esteemed Board Member Peter Browning has b...

7 months ago - Business Wire

ScanSource Reports Fourth Quarter and Full-year Results

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced financial results for the fourth quarter ended June 30...

8 months ago - Business Wire

ScanSource Announces Appointment of New Board Member

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the appointment of Vernon J. Nagel to its Board of Dir...

Other symbols: AYI
8 months ago - Business Wire

ScanSource to Announce Fourth Quarter and Fiscal Year 2023 Results August 22, 2023

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced today that it plans to release fourth quarter and fiscal yea...

9 months ago - Business Wire

ScanSource Announces Partnership with Logitech

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced a partnership with Logitech, a leading designer of har...

9 months ago - Business Wire

ScanSource Releases 2022 Environmental, Social, and Governance (ESG) Report

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource (Nasdaq: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the release of its third annual Environmental, Social, and G...

10 months ago - Business Wire

ScanSource Provides Operational Update Following Cybersecurity Incident

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today provides an operational update following the Company's recent cy...

11 months ago - Business Wire

ScanSource to Present Virtually and Host Investor Meetings at the 13th Annual East Coast IDEAS Investor Conference

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced Steve Jones, Chief Financial Officer will be available for i...

11 months ago - Business Wire

ScanSource Named U.S. Distributor of the Year by HPE Aruba Networking

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, has been recognized by HPE Aruba Networking as its U.S. Distributor of...

11 months ago - Business Wire

ScanSource Provides Information on Cybersecurity Incident

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced that it was subject to a ransomware attack that has im...

1 year ago - Business Wire

ScanSource Appoints Chief Accounting Officer

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the appointment of Brandy Ford to Senior Vice Presiden...

1 year ago - Business Wire

ScanSource Third Quarter Results Exceed Expectations

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced financial results for the third quarter ended March 31...

1 year ago - Business Wire

ScanSource to Announce Third Quarter Fiscal Year 2023 Results May 9, 2023

GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced today that it plans to release third quarter fiscal year 202...

1 year ago - Business Wire