ScanSource (SCSC) Just Posted Record Earnings And A Big Acquisition

On August 20, ScanSource (NASDAQ:SCSC) reported fourth-quarter results that included a record non-GAAP profit and revealed a $220.5 million deal to acquire MicroAge. Net sales climbed 17.3% year over year to $953.1 million, and non-GAAP diluted earnings per share jumped 43.1% to $1.46. Management framed the results as a shift from playing defense to actively […]