-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CkfvO38OiI12RXmQd1BoXi/zdzR2PuZG50jdAmGDd1Cpkmy4vzJMwNR1BB1m+1eK T56gMx73oGrUcmALxik9Sg== 0000931763-03-000894.txt : 20030409 0000931763-03-000894.hdr.sgml : 20030409 20030409100332 ACCESSION NUMBER: 0000931763-03-000894 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030403 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCANSOURCE INC CENTRAL INDEX KEY: 0000918965 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-COMPUTER & PERIPHERAL EQUIPMENT & SOFTWARE [5045] IRS NUMBER: 570965380 STATE OF INCORPORATION: SC FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26926 FILM NUMBER: 03643403 BUSINESS ADDRESS: STREET 1: 6 LOGUE COURT STE G CITY: GREENVILLE STATE: SC ZIP: 29615 BUSINESS PHONE: 8032882432 MAIL ADDRESS: STREET 1: 6 LOGUE COURT STE G CITY: GREENVILLE STATE: SC ZIP: 29615 8-K 1 d8k.htm FORM 8-K FORM 8-k

 


 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported) April 3, 2003

 


 

ScanSource, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

South Carolina

 

1-12842

 

57-0965380

(State or Other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification

Number)

 

6 Logue Court, Greenville, South Carolina 29615

(Address, Including Zip Code, of Principal Executive Offices)

 

(864) 288-2432

(Registrant’s Telephone Number, Including Area Code)

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 


 


 

Item 7.    Financial Statements and Exhibits

 

(c)    Exhibits

 

99.1 — Press release issued by ScanSource, Inc. on April 3, 2003.

 

Item 9.    Regulation FD Disclosure

 

In accordance with SEC Release No. 33-8216 issued March 27, 2003, the following information, intended to be furnished under “Item 12. Results of Operations and Financial Condition,” is instead furnished under “Item 9. Regulation FD Disclosure.”

 

On April 3, 2003, ScanSource, Inc. issued a press release announcing preliminary results for the quarter ending March 31, 2003. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

Date:    April 9, 2003




  

ScanSource, Inc.

 

 

By:                 /s/    RICHARD P. CLEYS


Name:    Richard P. Cleys

Its:          Vice President and Chief Financial Officer

 

EX-99.1 3 dex991.htm PRESS RELEASE Press Release

EXHIBIT 99.1

 

Contact:    Jeffery A. Bryson

VP of Administration and Investor Relations

ScanSource, Inc.

864 286-4305

 

SCANSOURCE ANNOUCES QUARTERLY

REVENUES

 


GREENVILLE, SC—April 3, 2003—ScanSource, Inc. (Nasdaq:SCSC), a leading value-added distributor of specialty technology products for the reseller market, today announced that revenues for the quarter ended March 31, 2003 were approximately 8% higher than the same quarter last year and at, or slightly below, the low end of the previously announced guidance of $230 million.

 

“We feel good about year-over-year growth, but are frustrated that the current economic weakness doesn’t allow for better predictability,” said Mike Baur, President and CEO of ScanSource. “We continue to have healthy growth in bar code and point-of-sale, but experienced a slight year-over-year decline in telephony sales, which we believe is a reflection of channel-wide weakness and not a loss of market share.”

 

ScanSource will announce its final sales and earnings results for the March quarter on or about April 24, 2003, in accordance with its normal practice.

 

Safe Harbor Statement

This news release contains comments that are “forward looking” statements that involve risks and uncertainties, including statements related to the Company’s projected sales and earnings per share. Such forward looking statements are based on the Company’s beliefs and expectations as of the date of this release and are subject to certain risks and uncertainties which may have a significant impact on the Company’s actual operating results and cause them to vary significantly from those described herein. These statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Any number of important factors could cause actual results to differ materially from anticipated results. For more information concerning factors that could cause such a difference, see the company’s annual report on Form 10K and quarterly reports on Form 10Q filed with the Securities Exchange Commission.

 

About ScanSource

ScanSource, Inc. is a leading distributor of specialty technology products, providing both value-added distribution sales to technology resellers and e-logistics services. The Company has two distribution segments: one serving North America from the Memphis distribution center, and an international segment currently serving Latin America and Europe. The North American distribution segment markets automatic identification data capture (AIDC) and point-of-sale (POS) products through its ScanSource sales unit; business telephone equipment through its Catalyst Telecom sales team; and converged communications products from Intel through its Paracon sales unit. A third segment, ChannelMax, provides e-logistics services.

 

ScanSource markets products from more than 60 technology manufacturers to over 13,000 value-added technology resellers and is committed to empowering them with tools and services designed to help them grow. The Company has been named one of the nation’s 100 “Hot Growth Companies” by BusinessWeek magazine, and has been included in several nationwide lists of top-performing companies compiled by Fortune, Forbes, and BusinessWeek. ScanSource’s stock is included in the Russell 2000 Index. For more information, contact ScanSource, Inc., at 6 Logue Court, Greenville, SC 29615, or by phone at 864/288-2432. The toll-free sales telephone number is 800/944-2432. Further information is available at the ScanSource web site at www.scansource.com.

 

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