ScanSource (SCSC) Tops Q3 EPS by 18c

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Go back to ScanSource (SCSC) Tops Q3 EPS by 18c

ScanSource Delivers Strong Third Quarter Profits

May 10, 2021 4:05 PM EDT

Third Quarter Profitability Reflects Consistent Execution

GREENVILLE, S.C.--(BUSINESS WIRE)-- ScanSource, Inc. (NASDAQ: SCSC), a leading provider of technology products and solutions, today announced financial results for the third quarter ended March 31, 2021. All results in this release reflect continuing operations only unless otherwise noted.

Third Quarter Summary:

Net sales: $729.9 million, down 2% year-over-year, or flat year-over-year for organic growth Gross profit: $88.1 million, up 4% year-over-year GAAP operating income of $19.4 million, up 87% year-over-year, for a 2.66% operating income margin Non-GAAP... More