ScanSource CEO Says Hesitation to Spend on Tech Ruined Deals -- Market Talk

Dow Jones

2025/01/31

1447 ET - ScanSource was counting on inking a few large deals in December, as its customers closed out business before their year-ends. Demand was soft, though, and companies were hesitant to spend on technology, CEO Mike Baur says on a call with analysts. As a result, the cloud-technology company missed out on several deals, resulting in lower profit and revenue during its fiscal 2Q. Shares fall 13%, to $43.48. (connor.hart@wsj.com)

(END) Dow Jones Newswires

January 30, 2025 14:47 ET (19:47 GMT)

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(connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 30, 2025 14:47 ET (19:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4140","symbol_name":"技术产品经销商","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2507773356","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507773356","pubTimestamp":1738266420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1447 ET - ScanSource was counting on inking a few large deals in December, as its customers closed out business before their year-ends. 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Shares fall 13%, to $43.48. (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 30, 2025 14:47 ET (19:47 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}