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Stock impact report

ScanSource Cuts 2024 Sales Outlook [MarketWatch]

ScanSource, Inc. (SCSC) 
Last scansource, inc. earnings: 2/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: scansource.com/en/investors
Company Research Source: MarketWatch
The cloud-technology company said Tuesday that it now expects at least $3.5 billion in sales this year, down from prior guidance for a minimum of $3.8 billion. Advertisement The low-end of the guidance range for adjusted earnings before interest, taxes, depreciation and amortization was cut to $155 million from $170 million. The pullback came after ScanSource said sales fell 12.5% to $884.8 million in the quarter ended Dec. 31. Two analysts polled by FactSet had been expecting $943 million. Write to Dean Seal at dean.seal@wsj.com Show less Read more
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