Recap: ScanSource Q2 Earnings

Shares of ScanSource SCSC moved higher in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 15.58% over the past year to $0.65, which beat the estimate of $0.53.

Revenue of $810,897,000 declined by 18.05% year over year, which beat the estimate of $758,330,000.

Guidance

ScanSource hasn't issued any earnings guidance for the time being.

ScanSource hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Feb 02, 2021

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/8a4gbo9b

Price Action

Company's 52-week high was at $35.96

52-week low: $13.78

Price action over last quarter: down 2.75%

Company Overview

ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Worldwide Barcode, Networking and Security, which focuses on automatic identification and data capture, point-of-sale, networking, electronic physical security, and 3-D printing technologies; and Worldwide communications and services, which focuses on communications technologies for vertical markets including education, healthcare, and government. The company generates a majority of its revenue from the Worldwide Barcode, Networking, and Security segment.