NASDAQ$SCSC
ScanSource Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Delivered outstanding third quarter performance due to strong demand and outstanding execution.
ScanSource reported a strong Q3 2022 with net sales up 15.9% year-over-year, driven by strong demand in both segments. The company exceeded expectations and raised its full-year outlook.
- Net sales increased by 15.9% year-over-year, reaching $846.0 million.
- Gross profit increased by 20.9% year-over-year, totaling $106.5 million.
- GAAP diluted EPS increased to $0.91, compared to $0.54 in the prior-year quarter.
- Adjusted EBITDA increased to $44.1 million, or 5.21% of net sales, compared to $32.0 million, or 4.38% of net sales in the prior-year quarter.
Headline financials
Revenue & EPS history
ScanSource · Revenue · Quarterly
$846M
Revenue by segment
ScanSource · $503M total across 1 segment · Q3 2022
- Specialty Technology Solutions$503M+15.3%100.0%
Forward guidance
ScanSource raises its expectations for the full fiscal year ended June 30, 2022 and replaces previously provided guidance.
Tailwinds
- Net sales growth, year-over-year at least 10%
- Adjusted EBITDA (non-GAAP) at least $165 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-1.2%
Avg return
Earnings day
-1.4%
Avg return
5 days after
+0.2%
Avg return
30 days after
55%
37 / 67 earnings
Positive
+21.7%
Q4 2021
Best reaction
-19.0%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +5.9% | +6.2% | +14.2% | |
| Q2 2026 | -18.0% | -17.2% | -18.4% | |
| Q1 2026 | -1.5% | -2.9% | -2.2% | |
| Q3 2025 | +7.1% | +16.4% | +14.9% | |
| Q2 2025 | -14.8% | -19.8% | -26.8% | |
| Q1 2025 | +3.0% | +0.8% | +3.6% | |
| Q4 2024 | +6.1% | +4.2% | -1.6% | |
| Q3 2024 | +5.8% | +7.5% | +5.6% | |
| Q2 2024 | -3.2% | +2.9% | +13.8% | |
| Q1 2024 | -3.0% | +4.8% | +18.0% | |
| Q4 2023 | +12.0% | +11.0% | +7.1% | |
| Q3 2023 | +6.1% | +8.3% | +16.3% | |
| Q2 2023 | -11.4% | -9.7% | -13.0% | |
| Q1 2023 | -6.9% | -2.1% | -5.1% | |
| Q4 2022 | -15.7% | -14.9% | -19.6% | |
| Q3 2022 | +2.0% | +8.9% | +8.1% | |
| Q2 2022 | +3.9% | -1.8% | +3.5% | |
| Q1 2022 | -11.4% | -8.3% | -14.8% | |
| Q4 2021 | +21.7% | +23.9% | +27.2% | |
| Q3 2021 | -7.6% | -4.6% | -5.9% | |
| Q2 2021 | +12.6% | +13.5% | +15.4% | |
| Q1 2021 | +18.0% | +9.0% | +22.3% | |
| Q4 2020 | -13.2% | -17.0% | -19.6% | |
| Q3 2020 | -19.0% | -19.3% | -1.5% | |
| Q2 2020 | -9.1% | -15.3% | -25.9% | |
| Q1 2020 | +2.2% | +3.8% | +12.7% | |
| Q4 2019 | -5.3% | -6.3% | -5.4% | |
| Q3 2019 | -10.2% | -14.2% | -15.1% | |
| Q2 2019 | +0.4% | -1.6% | -4.0% | |
| Q1 2019 | -1.0% | -0.4% | -9.7% | |
| Q4 2018 | -11.3% | -4.2% | -5.8% | |
| Q3 2018 | +2.4% | +3.7% | +14.5% | |
| Q2 2018 | +6.1% | -0.9% | +4.7% | |
| Q1 2018 | -8.4% | -11.5% | -16.3% | |
| Q4 2017 | +0.8% | -0.8% | +17.4% | |
| Q3 2017 | -2.5% | -4.5% | -2.2% | |
| Q2 2017 | +8.6% | +8.9% | +0.2% | |
| Q1 2017 | -12.8% | +3.6% | +13.7% | |
| Q4 2016 | -15.9% | -15.2% | -13.7% | |
| Q3 2016 | +1.4% | — | — | |
| Q2 2016 | +20.3% | — | — | |
| Q1 2016 | -13.6% | — | — | |
| Q4 2015 | -5.1% | — | — | |
| Q3 2015 | -4.4% | — | — | |
| Q2 2015 | -11.9% | — | — | |
| Q1 2015 | +4.4% | — | — | |
| Q4 2014 | +0.6% | — | — | |
| Q3 2014 | +4.0% | — | — | |
| Q2 2014 | -5.2% | — | — | |
| Q1 2014 | +5.2% | — | — | |
| Q4 2013 | -4.6% | — | — | |
| Q3 2013 | +0.3% | — | — | |
| Q2 2013 | -13.2% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2012 | +0.8% | — | — | |
| Q3 2012 | -1.2% | — | — | |
| Q2 2012 | +0.5% | — | — | |
| Q1 2012 | -3.2% | — | — | |
| Q4 2011 | +4.3% | — | — | |
| Q4 2009 | +4.3% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q3 2011 | +0.5% | — | — | |
| Q2 2011 | +1.3% | — | — | |
| Q2 2010 | +1.3% | — | — | |
| Q1 2010 | +2.5% | — | — | |
| Q1 2011 | +2.5% | — | — | |
| Q4 2010 | +2.5% | — | — |
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