ScanSource Earnings: Hybrid Distributor Up 41% Over Last Year

Channel Futures coverage of ScanSource quarterly earnings announcement. The publication noted that recurring revenue increased 11% in Q4 and 14% in 2022. It also recorded an adjusted EBITDA margin of more than 35%. The UCaaS business grew 23%, with RingCentral, 8×8 and Zoom leading the way. The CCaaS business grew 48%, featuring vendors like Five9, Genesys, Talkdesk and Nice CXone.

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