ScanSource Expects FY25 Revenues Of $3.1B-$3.5B Vs. $3.47B Estimate; Sees Free Cash Flow (Non-GAAP) Of At least $70M
Portfolio Pulse from Nabaparna Bhattacharya
ScanSource has provided its financial outlook for fiscal year 2025, expecting revenues between $3.1 billion and $3.5 billion, compared to the current estimate of $3.47 billion. The company also anticipates generating at least $70 million in free cash flow (non-GAAP).
August 27, 2024 | 12:43 pm
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ScanSource has announced its revenue expectations for FY25, projecting between $3.1 billion and $3.5 billion, which is slightly below the current estimate of $3.47 billion. The company also expects free cash flow of at least $70 million.
The revenue forecast is slightly below the current estimate, which may cause some concern among investors. However, the expectation of at least $70 million in free cash flow is a positive indicator of financial health. The overall impact on the stock price is likely neutral as the revenue range is close to the estimate.
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IMPORTANCE 80
RELEVANCE 100