financetom
Business
financetom
/
Business
/
ScanSource Fiscal Q4 Non-GAAP Earnings Increase, Revenue Decreases; Fiscal 2025 Revenue Outlook Issued
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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

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 >
Google defeats Rumble's antitrust lawsuit over video sharing market
Google defeats Rumble's antitrust lawsuit over video sharing market
May 26, 2025
May 21 (Reuters) - Alphabet's Google has persuaded a federal judge in California to reject a lawsuit from video platform Rumble accusing the technology giant of illegally monopolizing the online video-sharing market. In a ruling on Wednesday, U.S. District Judge Haywood Gilliam Jr said Rumble's 2021 lawsuit seeking more than $2 billion in damages was untimely filed outside the four-year...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
AT&T agrees to buy Lumen's consumer fiber business for $5.75 billion in cash
AT&T agrees to buy Lumen's consumer fiber business for $5.75 billion in cash
May 26, 2025
(Reuters) -AT&T ( T ) has clinched a deal to acquire Lumen Technologies' ( LUMN ) consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider adds further scale to its national fiber footprint. Buying the unit will gain AT&T ( T ) 1 million fiber customers, as well as significantly expand its...
MercadoLibre taps Ariel Szarfsztejn as new CEO as of 2026
MercadoLibre taps Ariel Szarfsztejn as new CEO as of 2026
May 26, 2025
SAO PAULO, May 21 (Reuters) - Latin American e-commerce giant MercadoLibre ( MELI ) said on Wednesday its board approved a leadership transition, with Chief Executive Marcos Galperin being replaced by current commerce head Ariel Szarfsztejn as of 2026. Galperin will move to a more strategic role within the company as chairman of the board, MercadoLibre ( MELI ) said...
Copyright 2023-2026 - www.financetom.com All Rights Reserved