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ScanSource: Fiscal 3Q Earnings Snapshot

GREENVILLE, S.C. (AP) _ ScanSource Inc. (SCSC) on Thursday reported fiscal third-quarter net income of $11.7 million.

On a per-share basis, the Greenville, South Carolina-based company said it had net income of 45 cents. Earnings, adjusted for amortization costs and non-recurring costs, were 77 cents per share.

The technology products distributor posted revenue of $893.4 million in the period.

For the current quarter ending in June, ScanSource expects its per-share earnings to range from 80 cents to 86 cents.

The company said it expects revenue in the range of $970 million to $1.03 billion for the fiscal fourth quarter.

ScanSource shares have risen roughly 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $35.32, a decline of almost 3% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCSC at https://www.zacks.com/ap/SCSC