Scansource Inc
SCSCScanSource Inc. is a global provider of technology solutions, specializing in value-added distribution of barcode, payment, physical security, POS, laser, and RFID hardware, as well as networking and communications solutions. Founded in 1992 and headquartered in Georgia, the company serves resellers and systems integrators across various markets, including retail, hospitality, healthcare, and manufacturing, offering comprehensive products and services to support technology deployment and growth.
Company News
ScanSource CEO Michael L. Baur sold over $3.2 million worth of company stock in a series of transactions, while also acquiring shares through the exercise of stock options. The sales were made under a pre-arranged trading plan, and the company has recently reported mixed financial results.
ScanSource (SCSC) delivered earnings and revenue surprises of -17.86% and 8.50%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
ScanSource (SCSC) witnesses year-over-year declines in both its top and bottom line in second-quarter fiscal 2024 on weak demand. The company also lowered its fiscal 2024 view.
ScanSource (SCSC) delivered earnings and revenue surprises of -14.14% and 7.68%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?
ScanSource (SCSC) witnesses year-over-year declines in both its top and bottom line on weak demand and higher interest expenses.
