ScanSource Inc (SCSC) Reports Mixed Q2 Results with Strong Cash Flow Amid Sales Decline [Yahoo! Finance]
ScanSource, Inc. (SCSC)
Last scansource, inc. earnings: 2/4 04:05 pm
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scansource.com/en/investors
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Source: Yahoo! Finance
Operating Income : Dropped by 32.0% to $26.8 million compared to the prior year. GAAP Net Income : Increased by 27.2% to $32.7 million, with diluted EPS up by 27.7% to $1.29. Operating Cash Flow : Demonstrated a strong performance with $63.2 million, a significant improvement from the prior year. Adjusted EBITDA : Decreased by 21.2% to $38.5 million, with a margin of 4.35%. Free Cash Flow : Showed a robust figure of $60.7 million, marking a notable recovery. On February 6, 2024, ScanSource Inc ( NASDAQ:SCSC ), a leading hybrid distributor connecting devices to the cloud, released its 8-K filing , detailing the financial results for the second quarter ended December 31, 2023. The company, which provides value-added services for technology manufacturers and sells to resellers in specialty technology markets, saw a decrease in net sales by 12.5% year-over-year to $884.8 million. This decline was attributed to soft demand in barcode, mobility, and point of sale, partially offse
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SCSC
News
- Intelisys Announces Appointment of Vice President of Sales [Yahoo! Finance]Yahoo! Finance
- Intelisys Announces Appointment of Vice President of SalesBusiness Wire
- ScanSource to Announce Third Quarter Fiscal Year 2024 Results May 7, 2024Business Wire
- Investing in ScanSource (NASDAQ:SCSC) a year ago would have delivered you a 48% gain [Yahoo! Finance]Yahoo! Finance
- When Should You Buy ScanSource, Inc. (NASDAQ:SCSC)? [Yahoo! Finance]Yahoo! Finance
SCSC
Earnings
- 2/6/24 - Miss
SCSC
Sec Filings
- 3/5/24 - Form 4
- 2/23/24 - Form 4
- 2/21/24 - Form 144
- SCSC's page on the SEC website