ScanSource Shares Down After Fiscal Q1 Net Sales Fall

MT Newswires Live11-06

ScanSource (SCSC) shares were down 5.7% in recent Thursday trading after the company reported lower fiscal Q1 net sales.

The company reported fiscal Q1 non-GAAP earnings Thursday of $1.06 per diluted share, up from $0.84 a year earlier.

Four analysts polled by FactSet expected $0.93.

Net sales for the quarter ended Sept. 30 were $739.7 million, down from $775.6 million a year earlier.

Two analysts surveyed by FactSet expected $784.6 million.

For fiscal 2026, the company reaffirmed its net sales outlook of $3.1 billion to $3.3 billion. Three analysts polled by FactSet expect $3.18 billion.

Price: 39.50, Change: -2.37, Percent Change: -5.66

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