(RTTNews) - ScanSource Inc. (SCSC) announced a profit for second quarter of $16.493 million
The company's bottom line totaled $16.493 million, or $0.75 per share. This compares with $17.053 million, or $0.70 per share, last year.
Excluding items, ScanSource Inc. reported adjusted earnings of $17.611 million or $0.80 per share for the period.
The company's revenue for the period rose 2.5% to $766.512 million from $747.497 million last year.
ScanSource Inc. earnings at a glance (GAAP) :
-Earnings: $16.493 Mln. vs. $17.053 Mln. last year. -EPS: $0.75 vs. $0.70 last year. -Revenue: $766.512 Mln vs. $747.497 Mln last year.
Looking ahead, for fiscal 2026, the company has revised down its outlook.
ScanSource now expects adjusted EBITDA of $140 million to $150 million against the prior guidance of $150 million to $160 million.
The company now projects sales of $3 billion to $3.1 billion, compared with the earlier expectation of $3.1 billion to $3.3 billion.
For fiscal 2025, ScanSource had posted adjusted EBITDA of $144.660 million, with sales of $3.040 billion.
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