Why ScanSource Stock Is Soaring Today
ScanSource jumped 17.33% after delivering fiscal fourth-quarter results that crushed Wall Street estimates. The technology distributor posted revenue of $953.1 million, up 17% year-over-year, while adjusted earnings per share of $1.46 topped analyst forecasts.
The company announced a $220.5 million acquisition of MicroAge, adding scale to its distribution platform. Management issued fiscal 2027 guidance calling for sales growth of 6-10% and improved EBITDA margins, signaling confidence in sustained momentum beyond the current year.
The double-digit revenue beat and forward guidance suggest SCSC is capturing share in tech distribution as enterprises refresh infrastructure. The MicroAge deal expands customer reach and could accelerate the upper end of the guidance range if integration proceeds smoothly.