Plantronics (PLT) Guides Q415 Revenues Slightly Light to Consensus Estimates
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Plantronics (NYSE: PLT) announced that it expects fourth quarter fiscal year 2015 net revenue to be approximately $200 million for the quarter and earnings to be below the previously provided range.
*** The Street was looking for Q415 revenue of $207.1 million.
"The fundamentals of the Company and our competitive position remain strong," stated Ken Kannappan, President & CEO. "We will discuss the factors related to the net revenue and earnings shortfall in our financial results announcement on April 27th."
The above information is preliminary and subject to completion of quarter-end financial reporting processes and review.
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