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Stock impact report

ScanSource (SCSC) Misses Q2 Earnings Estimates, Lowers View [Yahoo! Finance]

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: Yahoo! Finance
The bottom line declined 20% from the year-ago quarter's earnings of $1.06 per share. Results were impacted by soft demand in barcode, mobility and point of sale as well as lower sales volumes in communications hardware. On a reported basis, the company delivered earnings of $1.29 per share compared with the year-ago quarter's earnings of $1.01 per share. The company reported net sales of $885 million in the reported quarter, down 12.5% from the year-ago quarter's levels. The top line missed the Zacks Consensus Estimate of $953 million. Net sales in the United States and Canada were down 12.5% year over year to $795 million. International sales declined 17% to $82.6 million. ScanSource, Inc. Price, Consensus and EPS Surprise ScanSource, Inc. price-consensus-eps-surprise-chart | ScanSource, Inc. Quote Specialty Technology Solutions' revenues fell 17% to $521 million in second-quarter fiscal 2024, as weak demand in barcode, mobility and point of sale was partially offset by Show less Read more
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