ScanSource, Inc. Q1 net income increased by 18% to $14.7 million compared to $12.5 million last year. Diluted earnings per share increased by 17% to $0.56 a share from $0.48 last year. Quarterly net sales rose 12% to $553.7 million compared to $496.2 million last year. The results exceeded analyst estimates of $0.48 per share on revenues of $544.12 million. ScanSource expects net revenues for Q2 in the range of $550-570 million while analysts expect revenues of $529.12 million.