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ScanSource, Inc. (SCSC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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25.31+0.25 (+1.00%)
At close: 4:00PM EDT

25.31 0.00 (0.00%)
After hours: 4:00PM EDT

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Chart Events
Neutralpattern detected
Previous Close25.06
Open25.23
Bid25.29 x 1200
Ask25.34 x 800
Day's Range25.21 - 25.67
52 Week Range13.78 - 39.01
Volume65,324
Avg. Volume105,387
Market Cap641.502M
Beta (5Y Monthly)1.25
PE Ratio (TTM)17.82
EPS (TTM)1.42
Earnings DateAug 18, 2020 - Aug 24, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est32.50
  • ScanSource Announces Agreement to Sell Latin America Business Outside of Brazil to Intcomex
    Business Wire

    ScanSource Announces Agreement to Sell Latin America Business Outside of Brazil to Intcomex

    ScanSource, Inc. (NASDAQ: SCSC) today announced that it has agreed to sell its products businesses in Mexico, Colombia, Chile, and Peru and its Miami-based export operations (the "Latin America business outside of Brazil") to Intcomex. This action is part of ScanSource’s strategic portfolio repositioning to align investments with higher-growth, higher-margin businesses, including ScanSource Brazil.

  • MarketWatch

    ScanSource provides upbeat sales outlook, but will cut jobs and close Canpango to reduce expenses

    Shares of ScanSource Inc. rallied 2.0% in afternoon trading Thursday, after the provider of barcode, networking, security and business communications services provided an upbeat sales outlook, while also saying it will cut jobs as part of a expense-reduction plan. The company said it expects fiscal fourth-quarter net sales of $758 million, compared with the FactSet consensus for total revenue of $718 million. ScanSource also announced a $30 million cost cutting plan, which will include a reduction of its North America workforce, salary reductions of 10% to 25% for its executive team, elimination of cash retainers for the board of directors for the rest of the year and cutting discretionary spending. The company said it was closing its Canpango professional services business, which it acquired in August 2018, which is expected to result in a $2 million charge. The stock has tumbled 31.2% year to date, while the S&P 500 has gained 1.0%.

  • ScanSource Initiates $30 Million Expense Reduction Plan
    Business Wire

    ScanSource Initiates $30 Million Expense Reduction Plan

    ScanSource, Inc. (Nasdaq: SCSC), a leading provider of technology products and solutions, today announced actions to address the business impacts of the COVID-19 pandemic and prepare for the next phase of growth.