ScanSource, Inc. (SCSC) Q4 2024 Earnings Call Transcript Summary
ScanSource, Inc. (SCSC) Q4 2024 Earnings Call Transcript Summary
In the Modern Communication & Cloud segment, net sales declined 32% year-on-year, while Intelisys' net sales grew 6% year-on-year. Q4 end user billings for Intelisys increased 9% year-on-year and totaled $2.67 billion in FY '24.The following is a summary of the ScanSource, Inc. (SCSC) Q4 2024 Earnings Call Transcript:
以下是ScanSource, Inc. (SCSC) 2024財年第四季度業績會議電話交流摘要：
Financial Performance:
金融業績：
For the quarter, the business delivered strong gross profit margins, adjusted EBITDA margins, and free cash flow of $53 million.
In the Specialty Technology Solutions segment, net sales declined 14% year-on-year, while gross profit declined 10% year-on-year.
In the Modern Communication & Cloud segment, net sales declined 32% year-on-year, while Intelisys' net sales grew 6% year-on-year. Q4 end user billings for Intelisys increased 9% year-on-year and totaled $2.67 billion in FY '24.
FY '24 non-GAAP EPS is $3.08, compared to $3.85 last year. Free cash flow for the year was $363 million.
For FY '25, the company expects net sales to be between $3.1 billion and $3.5 billion, with adjusted EBITDA ranging between $140 million and $160 million.
本季度業務實現了強勁的毛利潤率、調整後的EBITDA利潤率和自由現金流，達到了5300萬美元。
在特別技術解決方案業務板塊，淨銷售額同比下降14％，而毛利潤同比下降10％。
在現代通信與雲業務板塊，淨銷售額同比下降32％，而Intelisys的淨銷售額同比增長6％。Q4終端用戶賬單同比增長9％，總額爲26.7億美元。
2024財年非通用會計準則每股收益爲3.08美元，去年爲3.85美元。全年自由現金流爲36300萬美元。
2025財年，公司預計淨銷售額將在31億美元至35億美元之間，調整後的EBITDA將在1.4億美元至1.6億美元之間。
Business Progress:
業務進展：
The company hosted 800 attendees at their Partner First conference, emphasizing the accelerated adoption of their hybrid distribution strategy.
Key personnel changes included Ken Mills joining as President of Intelisys to lead the next growth phase focusing on advanced technologies like AI and private 5G.
Announced the creation of the Integrated Solutions Group which will provide specialty technology VARs with new solutions.
Closed the acquisition of Advantix, a connectivity provider for 5G mobility solutions.
Announced plans to continue leveraging the balance sheet for growth opportunities as part of the strategic plan.
該公司在合作伙伴第一次會議上吸引了800名與會者，強調了其混合分銷策略的加速採納。
關鍵人事變動包括肯·米爾斯加入作爲Intelisys總裁，引領下一階段的增長，重點關注人工智能和私有5g概念。
宣佈成立綜合解決方案集團，爲專業技術VAR提供新解決方案。
完成了對Advantix的收購，這是一家提供5g移動解決方案的連接提供商。
宣佈計劃繼續利用資產負債表發展機會，作爲戰略計劃的一部分。
Opportunities:
機會：
The company sees an opportunity in expanding its total addressable market through partner segmentation and offering a custom set of services to its fastest-growing partners.
The Integrated Solutions Group aims to create better value propositions and help specialty technology VARs deliver more with their hardware, linking to further growth.
該公司看到通過合作伙伴分割和爲最快增長的合作伙伴提供定製服務的機會，從而擴大其可觸及市場。
綜合解決方案集團旨在創建更好的價值主張，並幫助專業技術VAR通過其硬件提供更多鏈接以實現進一步增長。
Risks:
風險：
Acknowledged that the challenging demand environment for their technologies in both segments may persist, particularly in the first half of FY '25.
Discussed the difficulty of predicting top-line growth due to various cycles in their diversified technology portfolio.
承認兩個業務領域的技術需求環境具有挑戰性，特別是在FY '25的上半年可能會持續。
討論了由於多樣化技術投資組合中的各種週期而導致難以預測營收增長的困難。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。
