ScanSource Inc. Reports Decline In Q4 Profit

(RTTNews) - ScanSource Inc. (SCSC) reported earnings for fourth quarter that decreased from last year

The company's earnings totaled $19.9 million, or $0.78 per share. This compares with $20.7 million, or $0.80 per share, in last year's fourth quarter.

Excluding items, ScanSource Inc. reported adjusted earnings of $23.3 million or $0.91 per share for the period.

The company's revenue for the quarter rose 12.9% to $962.3 million from $852.7 million last year.

ScanSource Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $19.9 Mln. vs. $20.7 Mln. last year. -EPS (Q4): $0.78 vs. $0.80 last year. -Revenue (Q4): $962.3 Mln vs. $852.7 Mln last year.