ScanSource, Inc. (SCSC) posted fourth quarter net income of $14.0 million or $0.52 per share, compaerd to $12.5 million or $0.47 per share in the prior year quarter.
On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.47 per share for the period. Analysts' estimate typically exclude special items.
Net sales for the quarter increased 32% to $582.3 million from $441.2 million in last year period. Three Wall Street analysts expected revenues of $578.95 million.
Looking forward, for the first quarter, the company expects revenues to range from $555 million to $575 million. Street analysts expect earnings of $576.74 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.