Tech distributor ScanSource Q1 sales miss estimates on lower large deals in specialty tech business

Reuters11-06

Tech distributor <a href="https://laohu8.com/S/SCSC">ScanSource</a> Q1 sales miss estimates on lower large deals in specialty tech business

Overview

ScanSource fiscal Q1 net sales decline 4.6%, missing analyst expectations
Non-GAAP diluted EPS for fiscal Q1 beats consensus, growing 26.2% yr/yr
Gross profit margin improved to 14.5% from 13.1% due to favorable sales mix

Outlook

ScanSource reaffirms FY26 net sales guidance of $3.1 bln to $3.3 bln
Company expects FY26 adjusted EBITDA between $150 mln and $160 mln
ScanSource anticipates FY26 free cash flow of at least $80 mln

Result Drivers

SALES DECLINE - Net sales decreased 4.6% due to lower large deals in Specialty Technology Solutions
GROSS PROFIT MARGIN - Improved to 14.5% from 13.1% due to favorable supplier program recognition and sales mix
ACQUISITION IMPACT - Intelisys & Advisory net sales increased 4.0% due to the addition of an acquisition

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Sales	Miss	$739.65 mln	$787.37 mln (3 Analysts)
Q1 Adjusted EPS	Beat	$1.06	$0.93 (4 Analysts)
Q1 Adjusted Net Income		$23.69 mln
Q1 Adjusted EBITDA		$38.59 mln
Q1 Gross Profit		$107.47 mln
Q1 Operating Income		$25.90 mln

Press Release: ID:nBw6ff4yZa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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Advisory net sales increased 4.0% due to the addition of an acquisition</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q1 Sales</p></td><td><p>Miss</p></td><td><p>$739.65 mln</p></td><td><p>$787.37 mln (3 Analysts)</p></td></tr><tr><td><p>Q1 Adjusted EPS</p></td><td><p>Beat</p></td><td><p>$1.06</p></td><td><p>$0.93 (4 Analysts)</p></td></tr><tr><td><p>Q1 Adjusted Net Income</p></td><td></td><td><p>$23.69 mln</p></td><td></td></tr><tr><td><p>Q1 Adjusted EBITDA</p></td><td></td><td><p>$38.59 mln</p></td><td></td></tr><tr><td><p>Q1 Gross Profit</p></td><td></td><td><p>$107.47 mln</p></td><td></td></tr><tr><td><p>Q1 Operating Income</p></td><td></td><td><p>$25.90 mln</p></td><td></td></tr></tbody></table><p>Press Release: <span>ID:nBw6ff4yZa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4140","symbol_name":"技术产品经销商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nL1N3WI0T6:1","article_id":"2581590096","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581590096","pubTimestamp":1762436288,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Tech distributor ScanSource Q1 sales miss estimates on lower large deals in specialty tech businessOverviewScanSource fiscal Q1 net sales decline 4.6%, missing analyst expectationsNon-GAAP diluted EPS","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4140":"技术产品经销商","SCSC":"ScanSource"},"translate_title":"由于专业技术业务大型交易减少，技术分销商ScanSource第一季度销售额未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SCSC":0.9},"content_text":"Tech distributor ScanSource Q1 sales miss estimates on  lower large deals in specialty tech businessOverviewScanSource fiscal Q1 net sales decline 4.6%, missing analyst expectationsNon-GAAP diluted EPS for fiscal Q1 beats consensus, growing 26.2% yr/yrGross profit margin improved to 14.5% from 13.1% due to favorable sales mixOutlookScanSource reaffirms FY26 net sales guidance of $3.1 bln to $3.3 blnCompany expects FY26 adjusted EBITDA between $150 mln and $160 mlnScanSource anticipates FY26 free cash flow of at least $80 mlnResult DriversSALES DECLINE - Net sales decreased 4.6% due to lower large deals in Specialty Technology SolutionsGROSS PROFIT MARGIN - Improved to 14.5% from 13.1% due to favorable supplier program recognition and sales mixACQUISITION IMPACT - Intelisys & Advisory net sales increased 4.0% due to the addition of an acquisitionKey DetailsMetricBeat/MissActualConsensus EstimateQ1 SalesMiss$739.65 mln$787.37 mln (3 Analysts)Q1 Adjusted EPSBeat$1.06$0.93 (4 Analysts)Q1 Adjusted Net Income$23.69 mlnQ1 Adjusted EBITDA$38.59 mlnQ1 Gross Profit$107.47 mlnQ1 Operating Income$25.90 mlnPress Release: ID:nBw6ff4yZaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2581590096","isCrawlerRequest":true}