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ScanSource Fiscal Q4 Non-GAAP Earnings Increase, Revenue Decreases; Fiscal 2025 Revenue Outlook Issued
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ScanSource Fiscal Q4 Non-GAAP Earnings Increase, Revenue Decreases; Fiscal 2025 Revenue Outlook Issued
Aug 29, 2024 3:04 AM

09:14 AM EDT, 08/27/2024 (MT Newswires) -- ScanSource ( SCSC ) reported fiscal Q4 non-GAAP earnings Tuesday of $0.80 per diluted share, up from $0.76 a year earlier.

Three analysts polled by Capital IQ expected $0.93.

Net sales for the quarter ended June 30 was $746.1 million, down from $947.1 million a year earlier.

Three analysts surveyed by Capital IQ expected $843.2 million.

For fiscal 2025, the company said it expects net sales of $3.1 billion to $3.5 billion. Three analysts polled by Capital IQ expect $3.47 billion.

Shares of the company were down more than 6% in recent Tuesday premarket activity.

Price: 46.80, Change: -2.11, Percent Change: -4.31

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