SCSC

In the past six months, ScanSource's stock (SCSC) has been impacted by several key events. The company reported strong financial results for its fiscal fourth quarter and full-year 2026, with net sales increasing 17.3% year-over-year and adjusted EPS growing by 28% in Q4, exceeding consensus estimates, which led to a significant stock rally. ScanSource also announced and completed the acquisition of MicroAge for $220.5 million in cash, a strategic move expected to enhance customer offerings and expand its cloud, managed services, and AI-related exposure, anticipated to boost gross profit margin, adjusted EBITDA margin, and non-GAAP EPS within the first year. Additionally, the company provided positive fiscal year 2027 guidance, forecasting 6%-10% net sales growth. Insider selling by executives and a director, including the CEO, has also been noted. Earlier in the period, the company reported strong third-quarter 2026 results, with net sales increasing 8.8% year-over-year and non-GAAP diluted EPS rising by 9.3%, which also contributed to positive market sentiment.