Loading...
•
Mar 31, 2022
ScanSource Q3 2022 Earnings Report
Delivered outstanding third quarter performance due to strong demand and outstanding execution.
Key Takeaways
ScanSource reported a strong Q3 2022 with net sales up 15.9% year-over-year, driven by strong demand in both segments. The company exceeded expectations and raised its full-year outlook.
Net sales increased by 15.9% year-over-year, reaching $846.0 million.
Gross profit increased by 20.9% year-over-year, totaling $106.5 million.
GAAP diluted EPS increased to $0.91, compared to $0.54 in the prior-year quarter.
Adjusted EBITDA increased to $44.1 million, or 5.21% of net sales, compared to $32.0 million, or 4.38% of net sales in the prior-year quarter.
ScanSource
ScanSource
ScanSource Revenue by Segment
ScanSource Revenue by Geographic Location
Revenue by Segment
Specialty Tech Solutions Revenue
CapyFin.comRevenue by Geographic Location
U.S. & Canada Revenue
CapyFin.comBrazil and Intl. Revenue
CapyFin.com Forward Guidance
ScanSource raises its expectations for the full fiscal year ended June 30, 2022 and replaces previously provided guidance.
Positive Outlook
- Net sales growth, year-over-year at least 10%
- Adjusted EBITDA (non-GAAP) at least $165 million