Welcome to the ScanSource Quarterly Earnings Conference Call. [Operator Instructions]
I would now like to turn the call over to Mary Gentry, Vice President, Treasurer and Investor Relations. Ma am, you may begin.
Mary M. Gentry
Vice President, Treasurer and Investor Relations
Good afternoon, and thank you for joining us. Joining me on the call today are Mike Bauer, our Chairman and CEO; John Eldh, our Chief Revenue Officer; and Steve Jones, our Chief Financial Officer. We will review our operating results for the quarter and then take your questions. We posted a CFO commentary that accompanies our comments and webcast in the Investor Relations section of our website.
Operator
Welcome to the ScanSource Quarterly Earnings Conference Call. [Operator Instructions] Today s call is being recorded. [Operator Instructions] I would now like to turn the call over to Mary Gentry, Vice President, Treasurer and Investor Relations. Ma am, you may begin.
Mary M. Gentry
Vice President, Treasurer and Investor Relations
Good afternoon, and thank you for joining us. Joining me on the call today are Mike Baur, our Chairman and CEO; John Eldh, our Chief Revenue Officer; and Steve Jones, our new Chief Financial Officer, who joined ScanSource in December. We will review our operating results for the quarter and then take your questions. We posted a CFO commentary that accompanies our comments and webcast in the Investor Relations section of our website. Let me remind you that certain statements in our press release and the CFO commentary and on this call are forward-looking statements.
Press release content from Business Wire. The AP news staff was not involved in its creation.
ScanSource Delivers a Strong Second Quarter
February 2, 2021 GMT
GREENVILLE, S.C. (BUSINESS WIRE) Feb 2, 2021
ScanSource, Inc. (NASDAQ: SCSC), a leading provider of technology products and solutions, today announced financial results for the second quarter ended December 31, 2020. All results in this release reflect continuing operations only unless otherwise noted.
Second Quarter Summary:
Net sales: $810.9 million, down 2% year-over-year (up 2% year-over-year for organic growth)
7% quarter-over-quarter growth for net sales (up from $757.3 million for first quarter of fiscal year 2021)
Gross profit: $86.0 million, down 12% year-over-year
GAAP operating income of $17.1 million; non-GAAP operating income of $23.8 million