ScanSource, Inc. (SCSC) posted a first-quarter net income of $10.94 million, lower than $12.43 million in the same quarter a year ago. On a per share basis, ScanSource Reported earnings of $0.41 versus $0.47 last Year.
Five analysts polled by Thomson Reuters estimated earnings of $0.44 per share. Analysts' estimates typically exclude one-time items.
For the first quarter, net sales declined to $488.43 million from $539.86 million last year, while analysts estimated sales of $474.05 million.
For the second quarter, the company expects net revenues in the range between $475 million to $495 million. Analysts now estimate revenue of $470.79 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.