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

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ScanSource Delivers Strong Fourth Quarter Sales and Profitability Growth

August 24, 2021 4:05 PM EDT

Outstanding execution of growth opportunities; quarterly net sales up 34% year-over-year

Initiates annual financial outlook for FY22

Announces new $100 million share repurchase authorization

GREENVILLE, S.C.--(BUSINESS WIRE)-- ScanSource, Inc. (NASDAQ: SCSC), a leading provider of technology products and solutions, today announced financial results for the fourth quarter and fiscal year ended June 30, 2021. All results in this release reflect continuing operations only unless otherwise noted.

Fourth Quarter Summary:

Net sales: $852.7 million, up 34% year-over-year Gross... More