ScanSource Updates Guidance; Expects Q4 Revenues $724M-$734M vs. $708M Est

ScanSource, Inc. SCSC today announced that sales results for its quarter ended June 30, 2011 are expected to be in the range of $724 million to $734 million, compared to $582 million for the same period one year ago. On our August 18, 2011 quarter- and fiscal year-end conference call, ScanSource executives will provide sales results by geographies and product areas, net earnings, and a forecast for the following quarter. Today's release reflects ScanSource's normal reporting practice whereby quarterly sales results are disclosed in a release at a practicable date soon after quarter-end. At this reporting interval, ScanSource does not comment on gross margin, the mix of its sales by business unit, or any other information that would be necessary to draw conclusions regarding net income and earnings per share. The statements in this press release are made as of the date hereof even if subsequently made available on ScanSource's website or otherwise. ScanSource does not assume any obligation to update the forward looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.