ScanSource Reports Third Quarter Results - EPS Growth of 7%

GREENVILLE, S.C.--()--ScanSource, Inc. (NASDAQ: SCSC), a leading global provider of technology products and solutions, today announced financial results for the third quarter ended March 31, 2019

(charts excluded)

“We are pleased to continue to grow profits faster than sales, despite sales below our forecast due to a lower volume of big deals,” said Mike Baur, Chairman and CEO, ScanSource, Inc. “We are executing on our strategic plan to drive growth at higher-value margins with more recurring revenues for our sales partners.”

Quarterly Results

For the third quarter of fiscal year 2019, net sales totaled $893.4 million, which are 0.3% lower than the prior year quarter. Organic sales, which exclude the impact of foreign currency translation and recent acquisitions, grew 2% year-over-year with growth ... (click for the full release)

--

More news:

Get The Bar Code News once a month, once a week or once a day. Subscribe here.

Follow us on Twitter: https://twitter.com/TheBarCodeNews

Follow us on Facebook: https://facebook.com/TheBarCodeNews