ScanSource Posts Record Earnings and Agrees to Acquire MicroAge
ScanSource reported record non-GAAP profit and 17.3% year-over-year net sales growth to $953.1 million, with non-GAAP EPS rising 43.1% to $1.46. It also announced a $220.5 million all-cash deal to acquire MicroAge, expected to close by end of Q1 FY2027, expanding cloud migration, cybersecurity, and AI services. Brazil net sales fell 21.6% and the company reduced headcount; Juniper-related supply constraints may temper partner opportunities.