ScanSource Shares Jump After Q4 Beat and $220.5M MicroAge Purchase

Company executives say buying MicroAge will accelerate growth by expanding services and raising margins once regulators clear the deal.

Overview

ScanSource reported a stronger-than-expected fourth quarter on Thursday with adjusted EPS of $1.46 versus a $1.14 consensus and revenue of $953.1 million, about 17% higher year-over-year.
Hardware demand drove the quarter as the Specialty Technology Solutions segment posted roughly $927.2 million in net sales, reflecting broad-based growth across North America.
The company agreed to buy IT integrator MicroAge for $220.5 million in cash, with management saying the purchase adds services capabilities and is expected to close by September 30, 2026 pending regulatory approval.
Investors reacted positively, sending ScanSource shares up about 19% in premarket trading after the earnings release and the acquisition announcement.
ScanSource gave fiscal 2027 guidance calling for 6%–10% net sales growth and adjusted EBITDA of $158 million to $165 million that excludes any contribution from MicroAge, leaving near-term results and cash needs dependent on closing, financing decisions, and integration execution.