Plantronics (PLT) Tops Q2 EPS by 5c

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Go back to Plantronics (PLT) Tops Q2 EPS by 5c

Plantronics Announces Second Quarter Fiscal Year 2016 Financial Results

November 5, 2015 4:00 PM EST

SANTA CRUZ, CA -- (Marketwired) -- 11/05/15 --

Plantronics, Inc. (NYSE: PLT) today announced second quarter fiscal year 2016 financial results. Highlights of the second quarter include the following (comparisons are against the second quarter of fiscal year 2015):

Net revenues were $215.0 million compared with $215.8 million, and above our guidance of $202 million to $212 millionGAAP gross margin was 51.6% compared with 54.6%
Non-GAAP gross margin was 52.0% compared with 54.9%
GAAP operating income was $34.1 million compared with $37.9 million
Non-GAAP operating income was $43.0 million compared with $45.3 millionGAAP diluted earnings per share... More