ScanSource: Fiscal 4Q Earnings Snapshot
GREENVILLE, S.C. (AP) _ ScanSource Inc. (SCSC) on Tuesday reported fiscal fourth-quarter profit of $10.4 million.
On a per-share basis, the Greenville, South Carolina-based company said it had net income of 40 cents. Earnings, adjusted for non-recurring costs and amortization costs, were 77 cents per share.
The technology products distributor posted revenue of $993.9 million in the period.
For the year, the company reported profit of $33.2 million, or $1.29 per share. Revenue was reported as $3.85 billion.
ScanSource shares have increased 21 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $43.15, an increase of 15 percent in the last 12 months.