Good morning, Greenville! As you sip your coffee and contemplate the day ahead, be prepared to start with a mystical morning shrouded in fog but heating up to a lovely afternoon. With temperatures expected to reach a warm 79°F, and light winds drifting in from the north at 5 to 10 mph, it’s shaping up to be a perfect day to spend some time outdoors!
This morning, we’re experiencing patches of fog that might make your commute a bit more adventurous. But fear not! After the fog lifts, the skies will turn partly cloudy, allowing for some sunshine to brighten your day. Tonight, it looks like we’ll cool off a tad into the low 58°F, so maybe consider bringing a light jacket if you’re out and about. As cozy as it may sound, it looks like the wind will keep things feeling lovely and crisp!
Now let’s switch gears and dive into some exciting local business news! Our community is buzzing with the latest earners report from none other than ScanSource Inc., right here in Greenville. This well-respected technology products distributor has just reported an impressive net income of $17 million for their fiscal first quarter. That translates to 69 cents per share, which has shareholders smiling ear to ear!
But there’s more to the story! If you adjust for one-time gains and costs, their earnings soar to 84 cents per share! The company revealed that during this period, they raked in a whopping $775.6 million in revenue. That’s no small feat!
Looking ahead, ScanSource has set its sights high, expecting to hit full-year revenue between $3.1 billion and $3.5 billion. This ambitious forecast is sure to catch the attention of investors and industry watchers alike. With their robust earnings and optimistic outlook, it’s evident that ScanSource is navigating the waters of the tech industry quite successfully!
Local businesses thrive when companies like ScanSource perform well, contributing to our economy and ensuring job stability. It’s always exciting to see our local industry making waves and setting the stage for growth during challenging economic times.
As we go about our day, let’s revel in the positivity surrounding our town, both in terms of weather and thriving businesses. For those interested in following the ups and downs of the stock market, ScanSource’s stock performance can be checked out through various resources online.
Thank you for spending your morning with us, Greenville! Don’t forget to enjoy the lovely weather and support our local businesses. Until next time, stay curious and keep moving forward!
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