GREENVILLE, S.C. (AP) _ ScanSource Inc. (SCSC) on Tuesday reported fiscal fourth-quarter net income of $23.7 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Greenville, South Carolina-based company said it had net income of 92 cents. Earnings, adjusted for one-time gains and costs, were 96 cents per share.
The technology products distributor posted revenue of $852.7 million in the period.
For the year, the company reported net income of $10.8 million, or 42 cents per share, swinging to a profit in the period. Revenue was reported as $3.15 billion.
ScanSource shares have increased 16% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $30.71, a rise of 21% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCSC at https://www.zacks.com/ap/SCSC
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