Latest news with #MikeBaur
Yahoo
30-06-2025
- Business
- Yahoo
5 Must-Read Analyst Questions From ScanSource's Q1 Earnings Call
ScanSource's first quarter saw revenue fall short of Wall Street expectations, yet the market responded positively due in part to the company's strong non-GAAP earnings and robust margin management. Management attributed these results to the ongoing shift toward higher-margin, recurring revenue streams, especially through its Intelisys & advisory segment and the integration of recent acquisitions. CEO Mike Baur explained, 'Our results demonstrate our hybrid distribution success with our focus on specialty technologies and Intelisys & advisory recurring revenue.' The company's improved free cash flow and disciplined expense controls helped offset softer demand conditions. Is now the time to buy SCSC? Find out in our full research report (it's free). Revenue: $704.8 million vs analyst estimates of $777.9 million (6.3% year-on-year decline, 9.4% miss) Adjusted EPS: $0.86 vs analyst estimates of $0.78 (11% beat) Adjusted EBITDA: $33.55 million vs analyst estimates of $33.93 million (4.8% margin, 1.1% miss) The company dropped its revenue guidance for the full year to $3 billion at the midpoint from $3.3 billion, a 9.1% decrease EBITDA guidance for the full year is $142.5 million at the midpoint, above analyst estimates of $138.5 million Operating Margin: 3.3%, in line with the same quarter last year Market Capitalization: $947.9 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Greg Burns (Sidoti): Asked for detail on product category performance within Specialty Technology. CEO Mike Baur explained the shift to segment-based reporting, stating the company will prioritize segment trends over individual technology breakdowns. Greg Burns (Sidoti): Inquired about Brazil's underperformance. CFO Steve Jones attributed this primarily to foreign exchange pressures and currency volatility, rather than operational issues within the region. Keith Housum (Northcoast Research): Asked if competitive pricing among resellers is pressuring margins. Baur stated the market remains rational, with over half of projects registered for special pricing, and said there is no unusual margin pressure currently. Keith Housum (Northcoast Research): Queried about SG&A reductions. Jones confirmed headcount adjustments have been completed and expects roughly $10.5 million in annualized savings, with the full benefit reflected in coming quarters. Logan Katzman (Raymond James): Sought clarity on gross margin trends following acquisitions. Jones explained margin profiles differ by segment, with recurring revenue businesses supporting higher margins even as hardware mix fluctuates. Looking ahead, the StockStory team will focus on (1) the integration and performance of Resourcive and Advantix in expanding high-margin, recurring revenue, (2) the company's ability to sustain operational efficiency and realize SG&A savings, and (3) signs of a demand rebound in the technology distribution market, especially in North America. Monitoring the ongoing mix shift to advisory and connectivity services will also be critical for assessing long-term growth resilience. ScanSource currently trades at $41.95, up from $36.03 just before the earnings. In the wake of this quarter, is it a buy or sell? Find out in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Chicago Tribune
30-05-2025
- General
- Chicago Tribune
Elgin News Digest: Kane County Forest Preserve District holding centennial event; ECC math, science and engineering dean wins national award
The Forest Preserve District of Kane County will hold a centennial celebration at noon Saturday, June 8, at Johnson's Mound in Elburn, the first forest preserve established by the district. In addition to speeches by local leaders and district representatives, the event will debut the Centennial Grove project, a new initiative at Johnson's Mound in honor of the anniversary, a news release said. Centennial Grove will include the planting of 800 native trees, a restored 23-acre prairie, expanded trail connections and a new Americans with Disabilities Act-accessible branch of a trail at Johnson's Mound, the release said. There also will be a gathering space and a two-piece sculpture being created by local artist Mike Baur, the district's first permanent public art installation. Residents are invited to help plant 500 oak trees as part of the event, the release said. Following the tree planting, individuals at the celebration can participate in guided hikes. There will also be live music, food trucks, an educational pollinator station and commemorative coins. Anyone interested in volunteering to plant a tree, sponsor a tree or make a donation should go to the Kane Forest Preserve Foundation's website, or call 630-232-5980. For more about the event, go to The deadline to sign up for the Dundee Township Lions Club 'Fun-Raising Bowl-A-Rama' fundraiser, set for 12:30 to 3 p.m. Saturday, June 14, at Liberty Lanes in Carpentersville, is Wednesday, June 11. Registration is $35 per player, and includes three games, shoe rental, ball use and pizza, a social media post said. Raffles and a cash bar will be available. For more information, email DundeeTownshipLions@ To register, go to Registration is underway for the Forest Preserve District of Kane County's 'Explore the Fox River by Kayak' program being held from 10 a.m to 4 p.m. Saturday, June 14, at Voyageur Landing Forest Preserve, 50 Airport Road in Elgin. Participants will receive instruction on basic kayaking techniques from an experienced instructor before embarking on a 4-mile trip led by a naturalist, according to a social media post. Open to beginners, participants must be at least 16 and able to hold their breath underwater while wearing a life jacket; independently turn from a face down to a face-up position in a kayak; effectively communicate with the instructor and other participants; and manage all mobility and personal care independently or with the assistance of a companion, according to the post. Registration is $89 per person and includes use of a kayak, personal floatation device and paddle. For those who provide their own kayaks, the fee is $45. To register, go to call 630-444-3190 or email programs@ Farah Bennani, Elgin Community College's dean of math, science and engineering, is one of three national winners of a McGraw Hill Pathfinder Award. Bennani was honored for incorporating emerging technologies, including augmented reality and artificial intelligence, into the classroom and for developing remote web-based science labs for the North American Network of Science Labs, according to the McGraw Hill website. 'This prestigious recognition amplifies my resolve to innovate, inspire and drive meaningful change, serving as both a milestone of achievement and a powerful motivator to continue striving for transformative excellence,' Bennani said in a news release. For more information, go to The Hanover Township summer tutoring program runs from Monday, June 2, through Monday, Aug. 4, at Hanover Town Hall, 250 S. Route 59, Bartlett. Board-certified teachers will provide weekly, one-hour sessions for four students per group from 5 to 8 p.m. weeknights, according to a news release. Tutoring groups are based on age, subject matter and learning needs identified by referring teachers. The program is open to students grades 2 through 8 and costs $50 per student. To register and for more information, go or call 630-483-5799.
Yahoo
21-05-2025
- Business
- Yahoo
Unpacking Q1 Earnings: ScanSource (NASDAQ:SCSC) In The Context Of Other IT Distribution & Solutions Stocks
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the it distribution & solutions stocks, including ScanSource (NASDAQ:SCSC) and its peers. IT Distribution & Solutions will be buoyed by the increasing complexity of IT ecosystems, rising cloud adoption, and demand for cybersecurity solutions. Enterprises are less likely than ever to embark on these complicated journeys solo, and companies in the sector boast expertise and scale in these areas. However, cloud migration also means less need for hardware, which could dent demand for large portions of the product portfolio and hurt margins. Additionally, planning for potentially supply chain disruptions is ongoing, as the COVID-19 pandemic showed how damaging a pause in global trade could be in areas like semiconductor procurement. The 7 it distribution & solutions stocks we track reported a mixed Q1. As a group, revenues along with next quarter's revenue guidance were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady as they are up 3.9% on average since the latest earnings results. Operating as a crucial link in the technology supply chain since 1992, ScanSource (NASDAQ:SCSC) is a hybrid distributor that connects hardware, software, and cloud services from technology suppliers to resellers and business customers. ScanSource reported revenues of $704.8 million, down 6.3% year on year. This print fell short of analysts' expectations by 9.4%. Overall, it was a slower quarter for the company with full-year revenue guidance missing analysts' expectations significantly. 'Our business performed well this quarter with both segments achieving year-over-year gross profit growth and higher EBITDA margins,' said Mike Baur, Chair and CEO of ScanSource, ScanSource delivered the weakest performance against analyst estimates of the whole group. Interestingly, the stock is up 11.6% since reporting and currently trades at $40.22. Read our full report on ScanSource here, it's free. Starting as a small computer products seller in 1982 and evolving into a Fortune 1000 company, Connection (NASDAQ:CNXN) is a technology solutions provider that helps businesses and government agencies design, purchase, implement, and manage their IT infrastructure and systems. Connection reported revenues of $701 million, up 10.9% year on year, outperforming analysts' expectations by 8.5%. The business had an incredible quarter with a solid beat of analysts' EPS estimates. Connection achieved the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 10.1% since reporting. It currently trades at $68.29. Is now the time to buy Connection? Access our full analysis of the earnings results here, it's free. Serving as the crucial middleman in the technology supply chain, TD SYNNEX (NYSE:SNX) is a global technology distributor that connects thousands of IT manufacturers with resellers, helping businesses access hardware, software, and technology solutions. TD SYNNEX reported revenues of $14.53 billion, up 4% year on year, falling short of analysts' expectations by 1.7%. It was a softer quarter as it posted a miss of analysts' EPS estimates. As expected, the stock is down 1% since the results and currently trades at $124.15. Read our full analysis of TD SYNNEX's results here. Serving as a crucial bridge between technology manufacturers and end users since 1984, CDW (NASDAQ:CDW) is a multi-brand provider of information technology solutions that helps businesses and public sector organizations select, implement, and manage hardware, software, and IT services. CDW reported revenues of $5.20 billion, up 6.7% year on year. This print surpassed analysts' expectations by 5.3%. Overall, it was an exceptional quarter as it also recorded a solid beat of analysts' EPS estimates. The stock is up 14.7% since reporting and currently trades at $188.10. Read our full, actionable report on CDW here, it's free. With a century-long history of adapting to technological evolution, Avnet (NASDAQ:AVT) is a global electronic components distributor that connects manufacturers of semiconductors and other electronic parts with businesses that need these components. Avnet reported revenues of $5.32 billion, down 6% year on year. This result met analysts' expectations. Aside from that, it was a mixed quarter as it also produced a solid beat of analysts' EPS estimates but a significant miss of analysts' EPS guidance for next quarter estimates. The stock is flat since reporting and currently trades at $50.91. Read our full, actionable report on Avnet here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Chicago Tribune
15-05-2025
- General
- Chicago Tribune
Forest Preserve District of Kane County to celebrate centennial on June 8 in Elburn
The Forest Preserve District of Kane County will hold a centennial celebration on June 8, according to a press release Thursday from the district. The event will begin at noon at Johnson's Mound Forest Preserve in Elburn, the first preserve the district established. In addition to speeches from local leaders and Forest Preserve District representatives, the celebration will mark the debut of a new initiative at Johnson's Mound in honor of the centennial, the news release said. The Centennial Grove project will include the planting of 800 native trees, a restored 23-acre prairie, expanded trail connections and a new Americans with Disabilities Act-accessible branch of a trail at Johnson's Mound, according to Thursday's release. The preserve will also have a gathering space and a two-piece sculpture by local artist Mike Baur, which will be the district's first permanent public art installation. A map of the preserve can be found at Residents are invited to help plant 500 oak trees as part of the event, the release said. Following the tree planting, individuals at the celebration can participate in guided hikes. There will also be live music, food trucks, an educational pollinator station and commemorative coins. The district is inviting local community groups to attend, the release said, and those interested in participating can email forestpreserve@ Individuals and businesses can also sponsor the Centennial Grove project with varying levels of donation, the release said. Those interested in sponsoring a tree can do so via the Kane Forest Preserve Foundation's website or by calling 630- 232-5980. There are also corporate sponsorships available, the release said. For more information on the event, go to
Yahoo
08-05-2025
- Business
- Yahoo
ScanSource (NASDAQ:SCSC) Misses Q1 Revenue Estimates
Technology distribution company ScanSource (NASDAQ:SCSC) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 6.3% year on year to $704.8 million. The company's full-year revenue guidance of $3 billion at the midpoint came in 3.5% below analysts' estimates. Its non-GAAP profit of $0.86 per share was 11% above analysts' consensus estimates. Is now the time to buy ScanSource? Find out in our full research report. Revenue: $704.8 million vs analyst estimates of $777.9 million (6.3% year-on-year decline, 9.4% miss) Adjusted EPS: $0.86 vs analyst estimates of $0.78 (11% beat) Adjusted EBITDA: $33.55 million vs analyst estimates of $33.93 million (4.8% margin, 1.1% miss) The company dropped its revenue guidance for the full year to $3 billion at the midpoint from $3.3 billion, a 9.1% decrease EBITDA guidance for the full year is $142.5 million at the midpoint, above analyst estimates of $138.5 million Operating Margin: 3.2%, in line with the same quarter last year Free Cash Flow Margin: 9.2%, down from 21% in the same quarter last year Market Capitalization: $847.5 million 'Our business performed well this quarter with both segments achieving year-over-year gross profit growth and higher EBITDA margins,' said Mike Baur, Chair and CEO of ScanSource, Operating as a crucial link in the technology supply chain since 1992, ScanSource (NASDAQ:SCSC) is a hybrid distributor that connects hardware, software, and cloud services from technology suppliers to resellers and business customers. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. With $2.97 billion in revenue over the past 12 months, ScanSource is a mid-sized business services company, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. As you can see below, ScanSource's demand was weak over the last five years. Its sales fell by 1.5% annually, a poor baseline for our analysis. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. ScanSource's recent performance shows its demand remained suppressed as its revenue has declined by 11.6% annually over the last two years. This quarter, ScanSource missed Wall Street's estimates and reported a rather uninspiring 6.3% year-on-year revenue decline, generating $704.8 million of revenue. Looking ahead, sell-side analysts expect revenue to grow 9.9% over the next 12 months, an improvement versus the last two years. This projection is commendable and implies its newer products and services will spur better top-line performance. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Operating margin is one of the best measures of profitability because it tells us how much money a company takes home after subtracting all core expenses, like marketing and R&D. ScanSource was profitable over the last five years but held back by its large cost base. Its average operating margin of 3% was weak for a business services business. On the plus side, ScanSource's operating margin rose by 1.1 percentage points over the last five years. This quarter, ScanSource generated an operating profit margin of 3.2%, in line with the same quarter last year. This indicates the company's overall cost structure has been relatively stable. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. ScanSource's EPS grew at an unimpressive 5.4% compounded annual growth rate over the last five years. On the bright side, this performance was better than its 1.5% annualized revenue declines and tells us management adapted its cost structure in response to a challenging demand environment. Diving into the nuances of ScanSource's earnings can give us a better understanding of its performance. As we mentioned earlier, ScanSource's operating margin was flat this quarter but expanded by 1.1 percentage points over the last five years. On top of that, its share count shrank by 6.9%. These are positive signs for shareholders because improving profitability and share buybacks turbocharge EPS growth relative to revenue growth. In Q1, ScanSource reported EPS at $0.86, up from $0.69 in the same quarter last year. This print easily cleared analysts' estimates, and shareholders should be content with the results. Over the next 12 months, Wall Street expects ScanSource's full-year EPS of $3.35 to grow 10.8%. We enjoyed seeing ScanSource beat on EPS this quarter and provide full-year EBITDA guidance that topped analysts' expectations. On the other hand, it lowered its full-year revenue guidance, and its revenue fell short of Wall Street's estimates. Overall, this was a weaker quarter, but the stock traded up 2.4% to $36.91 immediately following the results. So should you invest in ScanSource right now? We think that the latest quarter is just one piece of the longer-term business quality puzzle. Quality, when combined with valuation, can help determine if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
