AI brief of an SEC Form 8-K · ScanSource (SCSC)

ScanSource Q2 net sales fell 15.5% to $747.5 million; GAAP diluted EPS was $0.70 vs $1.29

Negative Impact 3 of 5 earnings Written later

ScanSource reported fiscal second-quarter 2025 results for the quarter ended December 31, 2024, with net sales down 15.5% year over year and GAAP net income down 47.9%. The company reaffirmed its fiscal 2025 outlook and said its CEO, Mike Baur, was also appointed President effective January 27, 2025, with no change to his compensation.

Key points

  • Net sales were $747.5 million versus $884.8 million a year earlier; gross profit rose 1.0% to $101.7 million.
  • GAAP diluted EPS was $0.70 versus $1.29; non-GAAP diluted EPS was $0.85, unchanged year over year.
  • Fiscal 2025 outlook reaffirmed: net sales $3.1 billion to $3.5 billion and adjusted EBITDA $140 million to $160 million.
  • Mike Baur, Chair and CEO, was appointed President effective January 27, 2025, and his compensation will not change.

The filing

CompanyScanSource (SCSC)
Form8-K, current report
Filed with the SECJan 30, 2025, 8:30 AM ET
Accession number0000918965-25-000008

Items reported: 2.02 Results of Operations5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.