$SCSC (ScanSource, Inc.)

$SCSC {{ '2016-08-29T20:27:00+0000' | timeago}} • Announcement

Specialty technology products company $SCSC reported a decrease in 4Q16 earnings due to lower gross margins. Net income was $12.9MM or $0.50 per share in 4Q16 compared with $16.4MM or $0.57 per share in 4Q15. Adjusted net income was $13.1MM or $0.51 per share. Net sales increased 2% to $877.5MM.

$TECD {{ '2017-10-16T13:00:46+0000' | timeago}} • Announcement

$TECD announced an agreement with iDevices to distribute its line of Smart Home Technology products to retailers and solution providers. iDevices manufactures a premium line of connected power, lighting and climate control solutions for homeowners, professional installers and builders.

$FAST {{ '2017-10-11T15:34:23+0000' | timeago}} • Webcast

$FAST said 3Q17 had one day less compared to the year-ago quarter, which negatively impacted its revenues and margins. Fastenal attributed the acceleration in sales growth in the final month of 3Q17 to recapturing of the market share it had lost in Houston earlier.

$FAST {{ '2017-10-11T15:02:01+0000' | timeago}} • Webcast

$FAST said it is targeting 275-300 Onsite signings per quarter, going forward. The company will resort to appropriate ‘price action’ whenever it feels such action is necessary to protect the level of profitability. In 4Q17, a minor drag on gross margin is anticipated due to impact of the recent hurricanes and seasonal factors.

$FAST {{ '2017-10-11T14:36:37+0000' | timeago}} • Webcast

$FAST said its sales performance exceeded expectations for the 9th consecutive quarter in 3Q17, when the company signed a record number of deals. Fastenal managed to achieve expense leverage, despite investing heavily in its Onsite business in recent quarters. The latest operating margin was a record for any third quarter in the company's history.

$FAST {{ '2017-10-11T13:14:55+0000' | timeago}} • Infographic

$FAST Fastenal Company Earnings AlphaGraphic: Q3 2017 Highlights

$FAST {{ '2017-10-11T11:28:42+0000' | timeago}} • Announcement

Sales of $FAST’s vending machines grew at a double-digit pace in 3Q17, helped by an increase in the installed base, contributing significantly to the overall growth. Daily sales of fastener products advanced 12% during the quarter, while those of non-fastener products went up by 15%.

$FAST {{ '2017-10-11T11:17:36+0000' | timeago}} • Announcement

$FAST, a distributor of industrial supplies, reported a 13% gain in 3Q17 profit as robust demand, led by industrial vending machines, resulted in strong topline growth. Earnings advanced to $0.50 per share from $0.44 per share last year, and sales rose 12% to $1.13Bil. Driving the positive results, daily sales grew 15%, continuing the recent trend.

$FAST {{ '2017-10-10T22:23:48+0000' | timeago}} • Announcement

$FAST declared a dividend of $0.32 per share to be paid in cash on November 22, 2017 to shareholders of record on October 25, 2017.

$ADP {{ '2017-10-05T21:53:31+0000' | timeago}} • Announcement

$ADP sends letter to stockholders urging them to vote on the White proxy card to re-elect all of the company's 10 highly qualified and experienced directors at its Nov. 7 Annual Meeting of Stockholders.

$ADP {{ '2017-10-05T15:56:17+0000' | timeago}} • Announcement

$ADP announced the acquisition of Global Cash Card, a player in digital payments, including paycards and other electronic accounts, for undisclosed terms. After integrating Global Cash Card with $ADP's existing paycard offer, the ALINE Card by ADP, $ADP will manage more than 4MM accounts on a single platform.

$TECD {{ '2017-09-26T18:52:04+0000' | timeago}} • Announcement

$TECD has added FlexPod SF, a converged infrastructure offering that features NetApp SolidFire all-flash storage array technology, to its FlexPod Modular Integration (FMI) program. FMI is a sales velocity program that helps partners expedite the sales of FlexPod solutions by managing the entire process from registration to shipment.

$SNX {{ '2017-09-26T14:42:21+0000' | timeago}} • Webcast

$SNX said in its traditional distribution business, it has seen the consequential impacts of component shortages and increasing component costs along with price increases at the finished goods level in particular with client devices as well as traditional servers. $SNX had to manage its business through the shortage issue.

$SNX {{ '2017-09-26T14:24:44+0000' | timeago}} • Webcast

During 3Q17, $SNX completed two strategic acquisitions, Tigerspike in the Concentrix business segment and Westcon-Comstor Americas in the Technology Solutions business segment. $SNX believes the Westcon-Comstor Americas deal will bring $2.2Bil of accretive margin revenue to its distribution business.

$SNX {{ '2017-09-26T14:24:27+0000' | timeago}} • Webcast

In 3Q17, $SNX’s Technology Solutions segment revenues were $3.8Bil, up 15.8% compared to 3Q16. The increase was due to continued demand for systems design integration and cloud services business solutions and across the board growth in the majority of product categories. Concentrix revenues were $496MM, up 21.9% from 3Q16.

$SNX {{ '2017-09-25T20:43:12+0000' | timeago}} • Announcement

$SNX's BoD declared a quarterly cash dividend of $0.30 per common share, payable on October 27, 2017 to stockholders of record as of October 13, 2017.

$SNX {{ '2017-09-25T20:41:17+0000' | timeago}} • Announcement

For 4Q17, $SNX expects revenue to be $4.75-4.95Bil. Net income is expected to be $85.2-89.1MM and adjusted net income is expected to be $106.1-110MM. $SNX expects diluted EPS to be $2.11-2.21 and adjusted diluted EPS to be $2.63-2.73 in 4Q17.

$SNX {{ '2017-09-25T20:35:34+0000' | timeago}} • Announcement

$SNX reported a 28% increase in 3Q17 earnings. Net income was $75.2MM or $1.87 per share compared to $58.7MM or $1.47 per share in 3Q16. Adjusted net income totaled $86.8MM or $2.16 per share in 3Q17. Revenue grew 16.5% to $4.27Bil from last year.

$ADBE {{ '2017-09-20T15:21:10+0000' | timeago}} • Webcast

$ADBE's sales and marketing expense grew 14% in 3Q17. The company confirmed that in 2018, the incremental spend will be mainly in sales and marketing and R&D. Adobe added that sales and marketing expense will be increased to create an awareness about the Creative Cloud business and invest on the sales capacity on the digital marketing business.

$ADBE {{ '2017-09-20T14:59:02+0000' | timeago}} • Webcast

$ADBE entered into a strategic partnership with $MSFT in 3Q17, which will complement both of the companies cloud offerings. Customer wins in the quarter included Adidas, HSBC, Kellogg’s, Marks & Spencer and University of Maryland.

$ADBE {{ '2017-09-20T14:11:11+0000' | timeago}} • Announcement

For 4Q17, $ADBE targets revenue of approx. $1.95Bil, GAAP EPS of approx. $0.86 and non-GAAP EPS of approx. $1.15. For FY17, Digital Media segment is expected to grow about 26% and the growth in Adobe Experience Cloud business is estimated to be approx. 24%.

Recent Transcripts

FAST (Fastenal Company)
Wednesday, October 11 2017 - 2:00pm
Monday, September 25 2017 - 9:00pm
ADBE (Adobe Systems Incorporated)
Tuesday, September 19 2017 - 9:00pm
TECD (Tech Data Corp.)
Thursday, August 31 2017 - 9:00pm
ADI (Analog Devices Inc)
Wednesday, August 30 2017 - 2:00pm
SCSC (ScanSource, Inc.)
Tuesday, August 29 2017 - 9:00pm
ADSK (Autodesk Inc)
Thursday, August 24 2017 - 9:00pm
HWCC (Houston Wire & Cable Company)
Wednesday, August 9 2017 - 3:00pm
MGIC (Magic Software Enterprises Ltd.)
Wednesday, August 9 2017 - 2:00pm
PLUS (ePlus inc.)
Wednesday, August 2 2017 - 8:30pm
GRPN (Groupon, Inc.)
Wednesday, August 2 2017 - 2:00pm
GIB (CGI Group Inc.)
Wednesday, August 2 2017 - 1:00pm
BDC (Belden Inc.)
Wednesday, August 2 2017 - 12:30pm
ULTI (The Ultimate Software Group, Inc.)
Tuesday, August 1 2017 - 9:00pm
WSTG (Wayside Technology Group, Inc.)
Friday, July 28 2017 - 2:00pm
ADP (Automatic Data Processing Inc)
Thursday, July 27 2017 - 12:30pm
TWTR (Twitter, Inc.)
Thursday, July 27 2017 - 12:00pm
CLS (Celestica Inc.)
Tuesday, July 25 2017 - 9:00pm
AXE (Anixter International Inc.)
Tuesday, July 25 2017 - 2:30pm
WIT (Wipro Ltd.)
Thursday, July 20 2017 - 1:45pm

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