$SCSC (ScanSource, Inc.)

$SCSC {{ '2016-08-29T21:25:02+0000' | timeago}} • Webcast

South Carolina-based company $SCSC said 4Q16 sales and EPS came in below expectations. The majority of the sales forecast miss was in the Worldwide Barcode and Security segment. The company's forecast reflected a 10% GM while the actual margin for the quarter came in at 9.4%.

$FAST {{ '2018-01-17T19:34:14+0000' | timeago}} • Announcement

Industrial supplies company $FAST said its net sales grew 9% YoY to $323MM in December 2017. Daily average sales advanced 15% annually to $16.2MM, with sales in the US and the whole of North America growing 13% and 15% respectively. The company had 20,565 employees at the end of the month, up 5% compared to last year.

$FAST {{ '2018-01-17T17:32:36+0000' | timeago}} • Webcast

$FAST said its fastener division registered lower margin due to higher expenses in 4Q17, when profitability was impacted by the tax legislation. The company is aggressively investing in its onsite and e-commerce initiatives, and expects  inventory position to improve further in 2018. Fastenal targets to sign 21000-23000 vending devices this year.

$FAST {{ '2018-01-17T14:52:23+0000' | timeago}} • Infographic

$FAST Fastenal Company Earnings AlphaGraphic: Q4 2017 Highlights

$FAST {{ '2018-01-17T12:56:36+0000' | timeago}} • Announcement

$FAST, a distributor of industrial supplies, said its 4Q17 profit rose sharply, helped by higher sales and benefits of the tax reform. Earnings advanced 32% YoY to $152MM or $0.53 per share. Sales grew 15% to $1.1Bil as strong demand resulted in an increase in new product signings. Daily sales of fastener products registered a double-digit growth.

$SNX {{ '2018-01-10T13:05:40+0000' | timeago}} • Announcement

Business process services company $SNX said its COO Dennis Polk will take up the positions of President and CEO, to succeed Kevin Murai who will be retiring soon. Polk, who joined the company in 2002 as SVP of Corporate Finance, was promoted to the post of COO in 2006. Dwight Steffensen was appointed as Lead Independent Director.

$MSM {{ '2018-01-10T12:40:41+0000' | timeago}} • Announcement

$MSM said its sales target for 2Q18 is between $761MM and $775MM, with average daily sales estimated to grow 9.1% annually. The company expects earnings per share in the range of $1.93 to $2.03 for the second quarter. Adjusted earnings, excluding special items, are forecasted between $1.00 per share and $1.04 per share.

$MSM {{ '2018-01-10T12:34:18+0000' | timeago}} • Announcement

$MSM, a distributor of metalworking and maintenance operations, reported a marked rise in 1Q18 profit on higher sales, helped by productivity growth and inputs from acquisitions. First quarter profit was $60MM or $1.05 per share, up from $54MM or $0.96 per share reported in the same period last year. Total sales moved up 12% to $769MM.

$SNX {{ '2018-01-09T21:52:23+0000' | timeago}} • Announcement

$SNX announced that its BoD declared a quarterly cash dividend of $0.35 per common share, payable on January 31, 2018 to stockholders of record as of January 19, 2018.

$SNX {{ '2018-01-09T21:50:27+0000' | timeago}} • Announcement

For 1Q18, $SNX expects revenue to be $4.35-4.55Bil. Net income is expected to be $64-67.8MM and on an adjusted basis, net income is expected to be $83.2-87MM. Diluted EPS is expected to be $1.58-1.68 and on an adjusted basis, diluted EPS is expected to be $2.06-2.15.

$SNX {{ '2018-01-09T21:42:12+0000' | timeago}} • Announcement

$SNX reported a 6.7% increase in 4Q17 earnings. Net income was $91.1MM or $2.26 per share compared to $85.3MM or $2.13 per share in 4Q16. Adjusted net income was $112.4MM or $2.79 per share in 4Q17. Revenue increased 36.7% to $5.31Bil compared to last year.

$AVT {{ '2018-01-09T18:55:44+0000' | timeago}} • Announcement

$AVT announced the availability of the AT&T IoT Starter Kit (2nd Generation), a new System-on-Module IoT solution that provides a complete development environment for both prototyping and production of sensor-to-cloud applications and services. This kit is fully compliant with FCC, PTCRB, and AT&T network certifications for operations in the US.

$MSM {{ '2018-01-03T14:15:57+0000' | timeago}} • Announcement

$MSM's BoD declared a cash dividend of $0.58 per share, representing a 21% increase from the previous regular quarterly dividend of $0.48 per share. The dividend is payable on Jan. 30, 2018 to shareholders of record at the close of business on Jan. 16, 2018. The ex-dividend date is Jan. 12, 2018.

$ARW {{ '2018-01-02T11:54:55+0000' | timeago}} • Announcement

Electronics company $ARW has signed a definitive agreement to acquire eInfochips, an IT services company headquartered in San Jose, California. The acquisition, an initiative to expand Arrow’s IoT offerings, is expected to close later this month. The company did not disclose financial terms of the transaction.

$AVT {{ '2017-12-28T22:02:15+0000' | timeago}} • Announcement

$AVT announced that Tom Liguori has been named CFO, reporting to CEO Bill Amelio. Liguori comes to $AVT from Advanced Energy Industries, Inc. His start date is January 29, 2018.

$TECD {{ '2017-12-14T13:54:30+0000' | timeago}} • Announcement

$TECD has promoted Anne Devine-Pride to VP of Vendor Marketing, Enterprise Solutions, Americas. She will report to Chuck Bartlett, SVP of Vendor Solutions, Enterprise Solutions, Americas at $TECD.

$TECD {{ '2017-12-13T19:09:30+0000' | timeago}} • Announcement

$TECD announced the appointment of Sergio Farache to SVP, Global Cloud Solutions. Farache will join the Strategy, Transformation and Global Vendor Management organization and report to Michael Urban, Corporate VP.

$TECD {{ '2017-12-13T19:09:15+0000' | timeago}} • Announcement

$TECD has expanded its Datech Solutions and Maverick AV Solutions businesses into all its global markets. Datech Solutions and Maverick AV Solutions will be led by Mike Appel, VP, and Jon Sidwick, VP, respectively. They will report to Michael Urban, Corporate VP, Strategy, Transformation and Global Vendor Management.

$URI {{ '2017-12-07T19:53:30+0000' | timeago}} • Announcement

$URI's subsidiary United Rentals North America, Inc. has extended the expiration date of its offer to exchange up to $750MM of its outstanding 4.875% Senior Notes due 2028 issued in a registered offering for equivalent of its new 4.875% Senior Notes due 2028. The offer is now scheduled to expire on Dec. 15, 2017.

$TECD {{ '2017-11-28T17:34:26+0000' | timeago}} • Webcast

$TECD has introduced a new brand identity during 3Q18, highlighting its expanded reach in technology distribution and services. Following the acquisition of $AVT's Technology Solutions, the company will now operate as a unified brand in all markets.

$TECD {{ '2017-11-28T17:29:29+0000' | timeago}} • Webcast

$TECD grouped its offering into two primary solutions portfolios in 3Q18. Endpoint Solutions, previously known as broadline offering includes PC systems, mobile phones and accessories. Advanced Solutions includes primarily data center technologies and next-generation technologies. This will help customers interact with $TECD's broad coverage model.

Recent Transcripts

WIT (Wipro Ltd.)
Friday, January 19 2018 - 1:45pm
FAST (Fastenal Company)
Wednesday, January 17 2018 - 3:00pm
MSM (MSC Industrial Direct Co. Inc.)
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SNX (SYNNEX Corp.)
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VMW (VMware, Inc.)
Thursday, November 30 2017 - 10:00pm
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TECD (Tech Data Corp.)
Monday, November 27 2017 - 10:00pm
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Thursday, November 9 2017 - 4:00pm
EMAN (eMagin Corp.)
Thursday, November 9 2017 - 2:00pm
GIB (CGI Group Inc.)
Wednesday, November 8 2017 - 2:00pm
SCSC (ScanSource, Inc.)
Monday, November 6 2017 - 10:00pm
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Thursday, November 2 2017 - 8:30pm
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