ScanSource, Inc. SCSC, trade down 1.82% after trading hours
ScanSource, Inc.
ScanSource Inc., fiscal fourth-quarter earnings fell 14% as the distributor of security devices, such as bar-code scanners and card readers, posted a double-digit revenue decline. Still, the company offered surprisingly strong revenue guidance for the current quarter.
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ScanSource, Inc. is a wholesale distributor of specialty technology products, providing distribution sales to resellers in the specialty technology markets. It has two geographic distribution segments: one serving North America from the Southaven, Mississippi distribution center, and an international segment serving Latin America (including Mexico) and Europe from distribution centers located in Florida and Mexico, and in Belgium, respectively. The North American distribution segment markets automatic identification and data capture (AIDC) and point-of-sale (POS) products through its ScanSource POS and Barcoding sales unit; voice, data and converged communications equipment through its Catalyst Telecom sales unit; video conferencing, products through its ScanSource Communications unit, and electronic security products and wireless infrastructure products through its ScanSource Security Distribution unit.
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