ScanSource (SCSC) Tops Q1 EPS by 12c

ScanSource (NASDAQ: SCSC) reported Q1 EPS of $0.68, $0.12 better than the analyst estimate of $0.56. Revenue for the quarter came in at $870.8 million versus the consensus estimate of $854.38 million.

The Company announced its current expectations for the second quarter of fiscal year 2016. ScanSource expects net sales for the quarter ending December 31, 2015 to range from $900 million to $980 million and non-GAAP diluted earnings per share to range from $0.72 to $0.80 per share. Non-GAAP diluted earnings per share exclude amortization of intangibles, change in fair value of contingent consideration and acquisition costs.

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

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