FONT-SIZE Plus   Neg

ScanSource Expects Quarterly Sales To Be Between $703 Mln And $713 Mln

ScanSource, Inc. (SCSC) announced that sales results for its quarter ended March 31, 2012 are expected to be in the range of $703 million to $713 million versus $613 million last year.

Analysts polled by Thomson Reuters expected the company to report revenues of $709.58 million for the quarter. Analysts' estimates typically exclude special items.

The company noted that on April 26, 2012 quarter-end conference call, its executives will provide sales results by geographies and product areas, net earnings and a forecast for the following quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of Daimler AG were losing around 3 percent in the morning trading, after the German auto giant trimmed its forecast for fiscal 2016 revenues and unit sales, while it backed adjusted EBIT view. Meanwhile, in the third quarter, the company recorded higher earnings and revenues, with increased sales volumes. German software developer SAP SE reported Friday lower profit in its third quarter due to higher stock-based compensation expense. However, revenues were higher. All regions posted improved results. Citing the strong cloud performance, the company said it is confident to deliver a strong fourth quarter, and also raised its full-year 2016 operating profit and revenue outlook. Shares of Ericsson were declining around 3 percent in the early morning trading after the Swedish telecom operator reported Friday a loss in its third quarter as net sales were hurt by weaker demand for mobile broadband, especially in markets with weak macro-economic environment.
comments powered by Disqus
Follow RTT