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Why ScanSource Stock Is Soaring Today

The Motley Fool·
Why ScanSource Stock Is Soaring Today

ScanSource surged 17.33% after reporting fiscal Q4 results that significantly beat Wall Street expectations, with revenue of $953.1 million (up 17% YoY) and adjusted EPS of $1.46 exceeding estimates. The company also announced a $220.5 million acquisition of MicroAge and issued encouraging fiscal 2027 guidance projecting 6-10% sales growth and improved EBITDA.

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