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ScanSource Q3 2023 Earnings Report

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$51.02 -1.94 (-3.66%)
(As of 12/17/2024 ET)

ScanSource EPS Results

Actual EPS
$0.96
Consensus EPS
$0.91
Beat/Miss
Beat by +$0.05
One Year Ago EPS
$1.04

ScanSource Revenue Results

Actual Revenue
$885.50 million
Expected Revenue
$864.33 million
Beat/Miss
Beat by +$21.17 million
YoY Revenue Growth
+4.70%

ScanSource Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

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ScanSource Earnings Headlines

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About ScanSource

ScanSource (NASDAQ:SCSC) engages in the distribution of technology products and solutions in the United States, Canada, and Brazil. It operates through two segments, Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions segment provides a portfolio of solutions primarily for enterprise mobile computing, data capture, barcode printing, point of sale (POS), payments, networking, electronic physical security, cyber security, and other technologies. This segment offers data capture and POS solutions to automate the collection, processing, and communication of information for commercial and industrial applications, including retail sales, distribution, shipping, inventory control, materials handling, warehouse management, and health care applications. It also provides electronic physical security products, such as identification, access control, video surveillance, and intrusion-related devices; networking products comprising wireless and networking infrastructure products; other software-as-a-service (SaaS) products; and engages in hardware rental activities. The Modern Communications & Cloud segment offers a portfolio of solutions primarily for communications technologies and services comprising voice, video conferencing, wireless, data networking, cybersecurity, cable, unified communications and collaboration, cloud, and technology services, as well as IP networks and other solutions for various vertical markets, such as education, healthcare, and government. The company serves manufacturing, warehouse and distribution, retail and e-commerce, hospitality, transportation and logistics, government, education and healthcare, and other industries. ScanSource, Inc. was incorporated in 1992 and is headquartered in Greenville, South Carolina.

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