financetom
Business
financetom
/
Business
/
ScanSource Fiscal Q2 Non-GAAP Earnings Flat, Net Sales Decline
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hyzon Motors Shares Are On The Rise Today: What's Going On?
Hyzon Motors Shares Are On The Rise Today: What's Going On?
Oct 22, 2024
Hyzon Motors Inc. ( HYZN ) shares are trading higher Tuesday after the company entered into a purchase agreement for 12 hydrogen-powered refuse Fuel Cell Electric Vehicles (FCEVs). What To Know: Hyzon, a hydrogen fuel cell system manufacturer, announced that recycling company GreenWaste signed a purchase agreement for 12 FCEVs, contingent upon Hyzon meeting specific commercial terms and technical specifications....
Peloton to Place Bike+ at Costco Stores as Holiday Season Approaches
Peloton to Place Bike+ at Costco Stores as Holiday Season Approaches
Oct 22, 2024
12:31 PM EDT, 10/22/2024 (MT Newswires) -- Peloton Interactive ( PTON ) will place its high-end exercise bike at Costco Wholesale ( COST ) stores in the US, as part of a partnership between the two companies. The warehouse chain will sell the fitness company's Bike+ at 300 of Costco stores and online from Nov. 1 through Feb. 15, the...
Market Chatter: Pfizer Management Faces Criticism From Starboard Value CEO
Market Chatter: Pfizer Management Faces Criticism From Starboard Value CEO
Oct 22, 2024
01:12 PM EDT, 10/22/2024 (MT Newswires) -- Pfizer's ( PFE ) board was urged by Starboard Value Chief Executive Officer Jeffrey Smith to hold management accountable for underperformance, Reuters reported Tuesday, citing a speech at an investor conference in New York. We measure success in producing blockbuster drugs and we all get measured by our track records, Smith said. The...
Q2 Holdings Broadens Collaboration with Amazon's AWS
Q2 Holdings Broadens Collaboration with Amazon's AWS
Oct 22, 2024
12:31 PM EDT, 10/22/2024 (MT Newswires) -- Q2 Holdings ( QTWO ) said Tuesday it has broadened its collaboration with Amazon.com's ( AMZN ) Amazon Web Services in helping financial institutions automate key workflows. Under the expanded partnership, Q2 said it will migrate and update more than 50,000 services on AWS, including its Q2 Innovation Studio and Partner Marketplace platform,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved