ScanSource Q2 FY17 Financial Results 2017

ScanSource reported Q2 FY17 earnings with GAAP diluted EPS of $0.91 and non-GAAP diluted EPS of $0.75, exceeding forecast ranges. The company benefited from its Intelisys acquisition's recurring revenue model, improved gross margins to 10.9%, and generated $29 million in operating cash flow for the quarter.