ScanSource Cuts FY24 Net Sales Outlook From Prior At Least $3.5B To At Least $3.3B, Est $3.604B
"While hardware sales were lower than we expected, our resilient business model delivered strong margins and robust free cash flow," said Mike Baur, Chair and CEO, ScanSource, Inc. "Our strong balance sheet gives us the capacity and flexibility to execute our disciplined capital allocation plans."