ScanSource Shares Fall After Lower Fiscal Q1 Non-GAAP Earnings Miss Estimates

10:40 AM EST, 11/05/2026 (MT Newswires) -- ScanSource (SCSC) shares were down 11.5% in Thursday trading after the company posted lower fiscal Q1 non-GAAP earnings that came in below consensus. The company reported fiscal Q1 non-GAAP earnings earlier Thursday of $0.86 per diluted share, down from $1.06 a year earlier. Four analysts polled by FactSet expected $1.12. Net sales for the fiscal quarter ended Sept. 30 were $962.3 million, up from $739.7 million a year earlier. Two analysts expected $860.4 million. The company expects fiscal 2027 net sales of $3.8 billion to $4.0 billion. Two analysts expect $3.72 billion. Price: 50.45, Change: -6.53, Percent Change: -11.46