ScanSource shares rose 18.30% to $60.83 on Thursday after the company reported fiscal fourth-quarter 2026 results above Wall Street expectations. Adjusted earnings reached $1.46 per share versus the $1.14 estimate, while net sales increased 17.3% to $953.109 million, exceeding the $802.063 million estimate. The company also agreed to acquire MicroAge for $220.5 million in cash, a transaction intended to expand its cloud, cybersecurity, data-center and artificial-intelligence capabilities. ScanSource expects fiscal 2027 sales of $3.42 billion to $3.549 billion, excluding MicroAge, and adjusted EBITDA of $158 million to $165 million. Management said it is shifting from defending market share to pursuing growth, while citing economic weakness, inflation, tariffs and trade-policy changes as risks.