ScanSource (SCSC) Tops Q4 EPS by 39c, Sales Beat

ScanSource (NASDAQ: SCSC) reported Q4 EPS of $0.96, $0.39 better than the analyst estimate of $0.57. Revenue for the quarter came in at $852.7 million versus the consensus estimate of $716.5 million.

“Our employees delivered strong fourth quarter net sales and profitability growth with operational excellence across our business,” said Mike Baur, Chairman and CEO, ScanSource, Inc. “Our momentum and execution strengthen our confidence in our hybrid distribution strategy accelerating our growth across hardware, software, connectivity, and cloud. ScanSource is uniquely positioned to enable the growth opportunities ahead for our channel partners and suppliers.”

GUIDANCE:

Sees FY22 Annual Outlook:

Net sales growth, year-over-year: At least 5.5%

Adjusted EBITDA (non-GAAP): At least $135 million

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

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