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ScanSource To Report Lower 4Q Revenue Than Expected

ScanSource expects fourth-quarter revenue to be between $750 million to $760 million, about $20 million to $30 million less than analysts were forecasting.

In the year-ago quarter, ScanSource reported $735 million. The Greenville, S.C.-based distributor will report its full quarter-end and fiscal year-end results on Aug. 16.

ScanSource shares fell 91 cents to $29.50 Tuesday after the company reported its fourth-quarter revenue.

 



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