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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