ScanSource (SCSC) Tops Q2 EPS by 12c, Revenues Beat

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Go back to ScanSource (SCSC) Tops Q2 EPS by 12c, Revenues Beat

ScanSource Delivers a Strong Second Quarter

February 2, 2021 4:05 PM EST

Net Sales of $811 million with 7% Quarter-Over-Quarter Growth

GREENVILLE, S.C.--(BUSINESS WIRE)-- ScanSource, Inc. (NASDAQ: SCSC), a leading provider of technology products and solutions, today announced financial results for the second quarter ended December 31, 2020. All results in this release reflect continuing operations only unless otherwise noted.

Second Quarter Summary:

Net sales: $810.9 million, down 2% year-over-year (up 2% year-over-year for organic growth) 7% quarter-over-quarter growth for net sales (up from $757.3 million for first quarter of fiscal year 2021) Gross profit: $86.0 million, down 12%... More