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ScanSource Fiscal Q2 Non-GAAP Earnings Flat, Net Sales Decline
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ScanSource Fiscal Q2 Non-GAAP Earnings Flat, Net Sales Decline
Jan 30, 2025 6:12 AM

08:50 AM EST, 01/30/2025 (MT Newswires) -- ScanSource ( SCSC ) reported fiscal Q2 non-GAAP earnings Thursday of $0.85 per diluted share, unchanged from a year earlier.

Three analysts polled by FactSet expected $0.91.

Net sales for the quarter ended Dec. 31 were $747.5 million, down from $884.8 million a year earlier.

Two analysts surveyed by FactSet expected $857.8 million.

For fiscal 2025, the IT company reaffirmed its net sales outlook of $3.1 billion to $3.5 billion. Three analysts polled by FactSet expect $3.28 billion.

Shares of the company were down around 3% in Thursday's premarket activity.

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