ScanSource reports 30.1% increase in Q1 net sales and completes MicroAge acquisition
SCSC Scansource Inc
$45.43 +3.11%
View chart & analysis → - 1ScanSource, Inc. reported a 30.1% increase in net sales for the first quarter.
- 2ScanSource, Inc. completed the acquisition of MicroAge during the quarter.
- 3ScanSource, Inc. reported a 9% growth in net income compared to the same period last year.
So what's the key point?
ScanSource, Inc. saw its sales grow by 30.1% and purchased a new company called MicroAge. Both sales and profits increased, indicating company growth.
Source The Motley Fool +1 · View original ↗
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