PREMARKET ALERT: ScanSource (SCSC)

Posted in General 
July 9th, 2009

ScanSource Inc (SCSC) shares could be active in early Thursday trading. The computer product distributor’s stock had risen more than 8 percent to $26.50 in after-hours trade last night, after management guided fiscal Q4 sales ended in June above analyst expectations. The company now expects revenue in a range of $434 million to $442 million, up from the $404.9 million analysts had been expecting. That would still be as much as 21.6 percent lower than sales in the year-ago period. — Mike Tarsala

Comments are closed

-->