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

ScanSource sales rise 30% to $962.3 million, but quarterly profit falls 56%

Mixed Impact 4 of 5 earnings

ScanSource reported first-quarter fiscal 2027 net sales of $962.3 million, up 30.1% year over year, with GAAP net income down 56.3% to $8.7 million, or $0.42 per diluted share. The company raised its full-year fiscal 2027 outlook for net sales and adjusted EBITDA to include the MicroAge acquisition, which closed on September 1, 2026.

Key points

  • Net sales were $962.3 million, up 30.1%; gross profit margin fell to 12.2% from 14.5%.
  • GAAP diluted EPS was $0.42 versus $0.89 a year earlier; non-GAAP diluted EPS was $0.86 versus $1.06.
  • FY27 outlook raised to net sales of $3.8 billion to $4.0 billion and adjusted EBITDA of $175 million to $185 million, up from $158 million to $165 million.
  • Operating cash flow was negative $42.3 million, mainly from working capital investment; higher bad debt expense of about $4.5 million was tied mostly to Brazil.

The filing

CompanyScanSource (SCSC)
Form8-K, current report
Filed with the SECNov 5, 2026, 8:30 AM ET
Accession number0000918965-26-000052

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.