Latest news with #SCSC
STV News
4 days ago
- Business
- STV News
'Extremely alarming': 164 children waiting over a year for mental health care
There are 164 children who have been waiting more than a year for mental health services in Scotland – marking a 20% increase from this time last year. An additional 253 young people have been waiting between nine months and a year for treatment with NHS Scotland's Child and Adolescent Mental Health Services (CAMHS). The Scottish Children's Services Coalition (SCSC), an alliance of leading providers, called the figures 'extremely alarming'. 'Each one of these statistics is an individual, and we would urge the Scottish Government to ensure the adequate resourcing of mental health services for our children and young people so that they can get the care and support they need, without lengthy waits,' a spokesperson for the SCSC said. 'We are facing a mental health emergency, and many of our children and young people are at breaking point, with stress and anxiety reaching alarming levels as they battle with the long shadow of lockdown and the rising cost of living. 'This is also having a negative impact on classroom behaviour, affecting the young people concerned, their fellow pupils and staff.' Although Public Health Scotland has insisted that the number of children starting treatment within 18 weeks of referral is improving, the number of people waiting for over 18 weeks has increased across the board since December 2024. From December 2024 to March 2025, the number of children waiting over a year has increased from 145 to 164. Since March 2024, that figure has risen from 137. The number of children waiting between five and nine months has also increased since December from 424 to 499. The only category that's fallen is the number of children waiting between nine months and a year – from 283 to 253. Most of the children who have been waiting for more than 12 months are in the NHS Lothian district. NHS Lothian has the highest number of children on the CAMHS waitlist of any other health board, and it accounts for 88% of the children waiting more than a year for treatment. NHS Lothian has been contacted for comment. Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country
Yahoo
21-05-2025
- Business
- Yahoo
Unpacking Q1 Earnings: ScanSource (NASDAQ:SCSC) In The Context Of Other IT Distribution & Solutions Stocks
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the it distribution & solutions stocks, including ScanSource (NASDAQ:SCSC) and its peers. IT Distribution & Solutions will be buoyed by the increasing complexity of IT ecosystems, rising cloud adoption, and demand for cybersecurity solutions. Enterprises are less likely than ever to embark on these complicated journeys solo, and companies in the sector boast expertise and scale in these areas. However, cloud migration also means less need for hardware, which could dent demand for large portions of the product portfolio and hurt margins. Additionally, planning for potentially supply chain disruptions is ongoing, as the COVID-19 pandemic showed how damaging a pause in global trade could be in areas like semiconductor procurement. The 7 it distribution & solutions stocks we track reported a mixed Q1. As a group, revenues along with next quarter's revenue guidance were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady as they are up 3.9% on average since the latest earnings results. Operating as a crucial link in the technology supply chain since 1992, ScanSource (NASDAQ:SCSC) is a hybrid distributor that connects hardware, software, and cloud services from technology suppliers to resellers and business customers. ScanSource reported revenues of $704.8 million, down 6.3% year on year. This print fell short of analysts' expectations by 9.4%. Overall, it was a slower quarter for the company with full-year revenue guidance missing analysts' expectations significantly. 'Our business performed well this quarter with both segments achieving year-over-year gross profit growth and higher EBITDA margins,' said Mike Baur, Chair and CEO of ScanSource, ScanSource delivered the weakest performance against analyst estimates of the whole group. Interestingly, the stock is up 11.6% since reporting and currently trades at $40.22. Read our full report on ScanSource here, it's free. Starting as a small computer products seller in 1982 and evolving into a Fortune 1000 company, Connection (NASDAQ:CNXN) is a technology solutions provider that helps businesses and government agencies design, purchase, implement, and manage their IT infrastructure and systems. Connection reported revenues of $701 million, up 10.9% year on year, outperforming analysts' expectations by 8.5%. The business had an incredible quarter with a solid beat of analysts' EPS estimates. Connection achieved the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 10.1% since reporting. It currently trades at $68.29. Is now the time to buy Connection? Access our full analysis of the earnings results here, it's free. Serving as the crucial middleman in the technology supply chain, TD SYNNEX (NYSE:SNX) is a global technology distributor that connects thousands of IT manufacturers with resellers, helping businesses access hardware, software, and technology solutions. TD SYNNEX reported revenues of $14.53 billion, up 4% year on year, falling short of analysts' expectations by 1.7%. It was a softer quarter as it posted a miss of analysts' EPS estimates. As expected, the stock is down 1% since the results and currently trades at $124.15. Read our full analysis of TD SYNNEX's results here. Serving as a crucial bridge between technology manufacturers and end users since 1984, CDW (NASDAQ:CDW) is a multi-brand provider of information technology solutions that helps businesses and public sector organizations select, implement, and manage hardware, software, and IT services. CDW reported revenues of $5.20 billion, up 6.7% year on year. This print surpassed analysts' expectations by 5.3%. Overall, it was an exceptional quarter as it also recorded a solid beat of analysts' EPS estimates. The stock is up 14.7% since reporting and currently trades at $188.10. Read our full, actionable report on CDW here, it's free. With a century-long history of adapting to technological evolution, Avnet (NASDAQ:AVT) is a global electronic components distributor that connects manufacturers of semiconductors and other electronic parts with businesses that need these components. Avnet reported revenues of $5.32 billion, down 6% year on year. This result met analysts' expectations. Aside from that, it was a mixed quarter as it also produced a solid beat of analysts' EPS estimates but a significant miss of analysts' EPS guidance for next quarter estimates. The stock is flat since reporting and currently trades at $50.91. Read our full, actionable report on Avnet here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Hans India
20-05-2025
- Health
- Hans India
Empowering school safety champions: ‘Suraksha Kavach' orientation session held in city
Hyderabad: Cyberabad Police Commissioner Avinash Mohanty emphasised the importance of forming structured 'Suraksha Kavach' / Safety Clubs in schools to raise awareness on physical safety, cyber safety, substance abuse, and road safety. During the orientation programme under the initiative 'Suraksha Kavach' conducted on Monday at Cyberabad Commissioner office, the commissioner stressed that basic civic sense should be instilled from childhood, as today's children are tomorrow's leaders. The orientation was conducted by Cyberabad Police in association with the Society for Cyberabad Security Council (SCSC). The session was attended by TGANB Director Sandeep Shandilya, TGANB DIG Abhishek Mohanty, SB DCP Sai Sri, SCSC General Secretary Ramesh Kaza, Dr Vanitha Datla, Jt Secretary, Children & Youth Safety Forum, SCSC. SCSC CEO Naved Khan, school principals, and educators. Project Suraksha Kavach, an initiative of SCSC, centred on four key safety pillars: Physical, Cyber, Psychological, and Road Safety. It included discussions on substance abuse prevention, online safety, emotional well-being, and responsible mobility. Dr Vanitha, Jt Secretary C&Y Safety Forum, SCSC programme highlighted the importance of Prahari Clubs and Suraksha Kavach in cultivating safe learning environments. TGANB Director Sandeep Shandilya emphasised on shaping children with strong moral values and confidence to say 'No' to drugs. He urged both Government and private schools to proactively organise awareness programmes. Highlighting the severe effects of drugs on the human body, he detailed how drug use damages epithelial tissues and impairs brain function. He also addressed the importance of de-addiction centres, legal awareness through PECA 2019, and educational outreach. Shandilya called upon youth, educators, NGOs, and citizens to act as 'Anti-Drug Soldiers.' Students excelling in creative awareness activities like essay writing, debates, street plays, and short films are encouraged to submit entries to [email protected]. The session concluded with an engaging interactive discussion and a collective pledge from school leaders to implement the safety protocols and strategies discussed during the event. For school safety club-related information, write to [email protected].
Yahoo
14-05-2025
- Business
- Yahoo
3 Overvalued Stocks in Hot Water
Great things are happening to the stocks in this article. They're all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase. While momentum can be a leading indicator, it has burned many investors as it doesn't always correlate with long-term success. All that said, here are three stocks getting more buzz than they deserve and some you should buy instead. One-Month Return: +64.8% Known for constructing the Philadelphia Eagles' Stadium, Tutor Perini (NYSE:TPC) is a civil and building construction company offering diversified general contracting and design-build services. Why Are We Hesitant About TPC? Sales were flat over the last five years, indicating it's failed to expand this cycle Gross margin of 6.1% reflects its high production costs Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions Tutor Perini's stock price of $35.95 implies a valuation ratio of 17.2x forward P/E. Check out our free in-depth research report to learn more about why TPC doesn't pass our bar. One-Month Return: +21.3% Pioneering the concept of online quoting and manufacturing for custom prototypes and low-volume production parts, Proto Labs (NYSE:PRLB) offers injection molding, 3D printing, and sheet metal fabrication for manufacturers in various industries. Why Do We Pass on PRLB? Flat sales over the last two years suggest it must find different ways to grow during this cycle Costs have risen faster than its revenue over the last five years, causing its operating margin to decline by 7.3 percentage points Earnings per share have dipped by 10.4% annually over the past five years, which is concerning because stock prices follow EPS over the long term At $41.36 per share, Proto Labs trades at 28x forward P/E. Read our free research report to see why you should think twice about including PRLB in your portfolio, it's free. One-Month Return: +35.2% Operating as a crucial link in the technology supply chain since 1992, ScanSource (NASDAQ:SCSC) is a hybrid distributor that connects hardware, software, and cloud services from technology suppliers to resellers and business customers. Why Do We Think SCSC Will Underperform? Sales tumbled by 1.5% annually over the last five years, showing market trends are working against its favor during this cycle Falling earnings per share over the last two years has some investors worried as stock prices ultimately follow EPS over the long term Low returns on capital reflect management's struggle to allocate funds effectively ScanSource is trading at $42.06 per share, or 11.3x forward P/E. Dive into our free research report to see why there are better opportunities than SCSC. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
ScanSource (NASDAQ:SCSC) Misses Q1 Revenue Estimates
Technology distribution company ScanSource (NASDAQ:SCSC) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 6.3% year on year to $704.8 million. The company's full-year revenue guidance of $3 billion at the midpoint came in 3.5% below analysts' estimates. Its non-GAAP profit of $0.86 per share was 11% above analysts' consensus estimates. Is now the time to buy ScanSource? Find out in our full research report. Revenue: $704.8 million vs analyst estimates of $777.9 million (6.3% year-on-year decline, 9.4% miss) Adjusted EPS: $0.86 vs analyst estimates of $0.78 (11% beat) Adjusted EBITDA: $33.55 million vs analyst estimates of $33.93 million (4.8% margin, 1.1% miss) The company dropped its revenue guidance for the full year to $3 billion at the midpoint from $3.3 billion, a 9.1% decrease EBITDA guidance for the full year is $142.5 million at the midpoint, above analyst estimates of $138.5 million Operating Margin: 3.2%, in line with the same quarter last year Free Cash Flow Margin: 9.2%, down from 21% in the same quarter last year Market Capitalization: $847.5 million 'Our business performed well this quarter with both segments achieving year-over-year gross profit growth and higher EBITDA margins,' said Mike Baur, Chair and CEO of ScanSource, Operating as a crucial link in the technology supply chain since 1992, ScanSource (NASDAQ:SCSC) is a hybrid distributor that connects hardware, software, and cloud services from technology suppliers to resellers and business customers. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. With $2.97 billion in revenue over the past 12 months, ScanSource is a mid-sized business services company, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. As you can see below, ScanSource's demand was weak over the last five years. Its sales fell by 1.5% annually, a poor baseline for our analysis. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. ScanSource's recent performance shows its demand remained suppressed as its revenue has declined by 11.6% annually over the last two years. This quarter, ScanSource missed Wall Street's estimates and reported a rather uninspiring 6.3% year-on-year revenue decline, generating $704.8 million of revenue. Looking ahead, sell-side analysts expect revenue to grow 9.9% over the next 12 months, an improvement versus the last two years. This projection is commendable and implies its newer products and services will spur better top-line performance. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Operating margin is one of the best measures of profitability because it tells us how much money a company takes home after subtracting all core expenses, like marketing and R&D. ScanSource was profitable over the last five years but held back by its large cost base. Its average operating margin of 3% was weak for a business services business. On the plus side, ScanSource's operating margin rose by 1.1 percentage points over the last five years. This quarter, ScanSource generated an operating profit margin of 3.2%, in line with the same quarter last year. This indicates the company's overall cost structure has been relatively stable. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. ScanSource's EPS grew at an unimpressive 5.4% compounded annual growth rate over the last five years. On the bright side, this performance was better than its 1.5% annualized revenue declines and tells us management adapted its cost structure in response to a challenging demand environment. Diving into the nuances of ScanSource's earnings can give us a better understanding of its performance. As we mentioned earlier, ScanSource's operating margin was flat this quarter but expanded by 1.1 percentage points over the last five years. On top of that, its share count shrank by 6.9%. These are positive signs for shareholders because improving profitability and share buybacks turbocharge EPS growth relative to revenue growth. In Q1, ScanSource reported EPS at $0.86, up from $0.69 in the same quarter last year. This print easily cleared analysts' estimates, and shareholders should be content with the results. Over the next 12 months, Wall Street expects ScanSource's full-year EPS of $3.35 to grow 10.8%. We enjoyed seeing ScanSource beat on EPS this quarter and provide full-year EBITDA guidance that topped analysts' expectations. On the other hand, it lowered its full-year revenue guidance, and its revenue fell short of Wall Street's estimates. Overall, this was a weaker quarter, but the stock traded up 2.4% to $36.91 immediately following the results. So should you invest in ScanSource right now? We think that the latest quarter is just one piece of the longer-term business quality puzzle. Quality, when combined with valuation, can help determine if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
