ScanSource (SCSC) Bets $220M On A Bigger IT Footprint
ScanSource (SCSC) completed a $220.5M cash acquisition of MicroAge. SCSC's Q4 saw 17.3% sales growth and 43% EPS increase. MicroAge is expected to boost margins and free cash flow. SCSC used credit facilities for the deal, doubling its debt. Q4 gross margin slipped to 12.6%. Fiscal 2027 guidance excludes MicroAge. Hedge fund ownership rose, and the stock trades at a forward P/E of 11.95.



