ScanSource (SCSC) Misses Q3 EPS by 4c

ScanSource (NASDAQ: SCSC) reported Q3 EPS of $0.52, $0.04 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $763.2 million versus the consensus estimate of $808.07 million.

ScanSource sees Q4 2015 EPS of $0.56-$0.62, versus the consensus of $0.63. ScanSource sees Q4 2015 revenue of $800-850 million, versus the consensus of $877.7 million.

"We had a busy quarter and completed several key strategic initiatives," said Mike Baur, CEO, ScanSource, Inc. "Our successful acquisitions of Network1 and Imago contributed to the strong sales growth in our Worldwide Communications and Services segment. As planned, we implemented our new global ERP system in Europe with minimal disruption to our business."

For earnings history and earnings-related data on ScanSource (SCSC) click here.

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