ScanSource, Inc. (SCSC)

ScanSource's stock price has been impacted by key events in the past six months. The company reported better-than-expected Q1 FY2026 earnings but missed Q2 FY2026 estimates, leading to a stock plunge and downward revision of full-year revenue guidance. Deloitte & Touche LLP was appointed as the new independent accounting firm, replacing Grant Thornton LLP. Insider selling activity was also reported.

ScanSource's business experiences some demand seasonality, with the third fiscal quarter typically seeing a seasonal decline in net sales. For Q3 FY2024, the company anticipated a less-than-typical seasonal decline, expecting net sales to be down 6% to 8% quarter-over-quarter. Forecasting can be challenging due to the nature of same-day order fulfillment.

ScanSource, Inc. is a global provider of technology products and solutions, specializing in hardware distribution. The company offers POS systems, barcode and data capture devices, and networking equipment, along with software and cloud services. These solutions are delivered through channel partners to various industries, and ScanSource operates primarily through two segments: Specialty Technology Solutions and Intelisys & Advisory.

ScanSource, Inc. is headquartered in Greenville, South Carolina, and has a broad international presence. The company serves customers throughout North, Central, and South America, as well as Europe, the Middle East, and Africa. A majority of its revenue is derived from the United States and Canada, with a significant presence also in Brazil and other countries.

ScanSource has maintained a strong brand reputation, being included in the Fortune World's Most Admired Companies list for the 10th consecutive year in January 2026. This recognition is based on a survey of senior executives, directors, and financial analysts from global companies.

ScanSource, Inc. has a diverse ownership structure, with institutional investors holding approximately 65.53% of the company's stock. Insiders own about 2.57% of the stock, while public companies and individual investors hold approximately 31.90%.