ScanSource reports Q3 EPS 86c, consensus 77c

Reports Q3 revenue $704.85M, consensus $777.92M. “Our business performed well this quarter with both segments achieving year-over-year gross profit growth and higher EBITDA margins,” said Mike Baur, Chair and CEO of ScanSource (SCSC), Inc. “For our third quarter, we delivered strong free cash flow and EPS growth including the benefit from our acquisitions. Hardware demand improved late in the quarter, along with a return of large deals.”