ScanSource, Inc. (SCSC) reported second quarter net income of $11.8 million or $0.44 per share, compared to $13.5 million or $0.51 per share in the prior year period.
On average, five analysts polled by Thomson Reuters expected the company to report earnings of $0.44 per share. Analysts' estimates typically exclude special items.
Net sales for the quarter were $548.1 million, compared to $477.0 million in the previous year period. Five Wall Street analysts expected revenues of $518.82 million.
Looking forward, for the third quarter, ScanSource expects net revenues to range from $535 million to $555 million. Wall Street analysts expect revenues of $484.94 million.
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