ScanSource, Inc. (NASDAQ:SCSC) Q2 2025 Earnings Call January 30, 2025 10:30 AM ET

Company Participants

Mary Gentry – Senior Vice President, Finance and Treasurer
Mike Baur – Chair and Chief Executive Officer
Steve Jones – Chief Financial Officer

Conference Call Participants

Greg Burns – Sidoti
Keith Housum – Northcoast Research

Operator

Welcome to the ScanSource Quarterly Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Mary Gentry, Senior Vice President, Finance and Treasurer. Madam, you may begin.

Mary Gentry

Good morning and thank you for joining us. Our call will include prepared remarks from Mike Baur, our Chair and CEO; and Steve Jones, our Chief Financial Officer. We will review our results operating results for the quarter and then take your questions. We posted an earnings infographic that accompanies our comments and webcast in the Investor Relations section of our website.

As you know, certain statements in our press release, infographic and on this call are forward-looking statements and subject to risks and uncertainties that could cause actual results to differ materially from expectations. These risks and uncertainties include the factors identified in our earnings release and in our Form 10-K for the year ended June 2024. Forward-looking statements represent our views only as of today and ScanSource disclaims any duty to update these statements, except as required by law. During our call, we will discuss both GAAP and non-GAAP results and have provided reconciliations on our website and in our Form 8-K.

I’ll now turn the call over to Mike.

Mike Baur

Thanks, Mary. Thanks everyone for joining us today. The soft demand environment is lasting longer than we expected and large deals remained a challenge in Q2. After our Q1 sequential quarter growth, we expected sequential quarter growth for Q2, but that did not happen. And instead, net sales declined

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