ScanSource: Fiscal 4Q Earnings Snapshot

August 28, 2018

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCSC at https://www.zacks.com/ap/SCSC

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