ScanSource Reports Fourth Quarter and Fiscal Year 2020 Results

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ScanSource (SCSC) Misses Q4 EPS by 2c, Revenues Miss

August 31, 2020 4:14 PM EDT

ScanSource (NASDAQ: SCSC) reported Q4 EPS of $0.19, $0.02 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $636.5 million versus the consensus estimate of $679.95 million.

Fourth Quarter Summary:

Net sales: $636.5 million, down 22% year-over-year
Gross profit: $74.1 million, down 23% year-over-year
GAAP operating loss of... More