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Acquisitions Shine, But Q4 Reveals Financial Fog For ScanSource

Aug 29, 2024, 1:41 AM EDT1 sourcesAI-analyzed

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Q4 revenue fell short by $87.19 million despite $0.80 EPS. SCSC's sales dropped 14% in Specialty Technology Solutions segment. Acquisitions of Resourcive and Advantix aim to enhance tech solutions. Raymond James downgraded SCSC to 'Market Perform' due to market uncertainty. FY '25 cash flow expected to drop significantly from FY '24.

  • Q4 revenue fell short by $87.19 million despite $0.80 EPS.
  • SCSC's sales dropped 14% in Specialty Technology Solutions segment.
  • Acquisitions of Resourcive and Advantix aim to enhance tech solutions.
  • Raymond James downgraded SCSC to 'Market Perform' due to market uncertainty.
  • FY '25 cash flow expected to drop significantly from FY '24.

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