ScanSource, Inc. (SCSC) Tops Q3 EPS by 5c; Issues Mixed Q4 Outlook
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Revenue Growth %: +1.1%
Financial Fact:
Other expense (income), net: 577K
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ScanSource, Inc. (NASDAQ: SCSC) reported Q3 EPS of $0.59, $0.05 better than the analyst estimate of $0.54. Revenue for the quarter came in at $683 million versus the consensus estimate of $710.27 million.
ScanSource, Inc. sees Q4 2014 EPS of $0.55-$0.58, versus the consensus of $0.65. ScanSource, Inc. sees Q4 2014 revenue of $715-745 million, versus the consensus of $738.53 million.
"We had excellent bottom line results for the quarter, including double-digit growth in operating income and earnings per share," said Mike Baur, CEO, ScanSource, Inc. "Sales for our Worldwide Barcode & Security segment increased 4% year-over-year, driven by strong performance from Brazil and Europe. However, our Worldwide Communications & Services segment had a weaker than expected sales quarter."
For earnings history and earnings-related data on ScanSource, Inc. (SCSC) click here.
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