ScanSource Inc. (SCSC) announced a profit for second quarter of $16.493 million
The company's bottom line totaled $16.493 million, or $0.75 per share. This compares with $17.053 million, or $0.70 per share, last year.
Excluding items, ScanSource Inc. reported adjusted earnings of $17.611 million or $0.80 per share for the period.
The company's revenue for the period rose 2.5% to $766.512 million from $747.497 million last year.
ScanSource Inc. earnings at a glance (GAAP) :
-Earnings: $16.493 Mln. vs. $17.053 Mln. last year.-EPS: $0.75 vs. $0.70 last year.-Revenue: $766.512 Mln vs. $747.497 Mln last year.
Looking ahead, for fiscal 2026, the company has revised down its outlook.
ScanSource now expects adjusted EBITDA of $140 million to $150 million against the prior guidance of $150 million to $160 million.
The company now projects sales of $3 billion to $3.1 billion, compared with the earlier expectation of $3.1 billion to $3.3 billion.
For fiscal 2025, ScanSource had posted adjusted EBITDA of $144.660 million, with sales of $3.040 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.