Earnings ·
Reports $962M Q1 net sales and raises FY27 adjusted EBITDA outlook to $175-$185M
SCSCScansource, Inc.
ScanSource reported first-quarter fiscal 2027 net sales of $962.3 million, a 30.1% increase year-over-year, driven by strong demand in its Specialty Technology Solutions segment and the recent acquisition of MicroAge. GAAP diluted EPS fell to $0.42 from $0.89 in the prior-year quarter as gross profit margins compressed due to a higher mix of lower-margin hardware deals and increased bad debt expense. The company raised its full-year fiscal 2027 adjusted EBITDA guidance to $175 million–$185 million, up from the previous range of $158 million–$165 million, now including results from MicroAge which closed in September. ScanSource operates as a leading technology distributor providing hardware, software, and services to channel sales partners.