Plantronics Announces Fourth Quarter & Fiscal Year 2017 Financial Results

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Plantronics (PLT) Declares $0.15 Quarterly Dividend; 1.1% Yield

May 1, 2017 8:03 AM EDT

Plantronics (NYSE: PLT) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on June 9, 2017, to stockholders of record on May 19, 2017, with an ex-dividend date of May 17, 2017.

The annual yield on the dividend is 1.1 percent.

For a dividend... More

Plantronics (PLT) Tops Q4 EPS by 9c, Sales Miss; Guides Q1 Below Views

May 1, 2017 8:02 AM EDT

Plantronics (NYSE: PLT) reported Q4 EPS of $0.81, $0.09 better than the analyst estimate of $0.72. Revenue for the quarter came in at $209 million versus the consensus estimate of $217.11 million.

GUIDANCE:

Plantronics sees Q1 2018 EPS of $0.70-$0.80, versus the consensus of $0.85. Plantronics sees Q1 2018 revenue of $211-221 million, versus the consensus of $225.2 million.

"We achieved our revenue and profitability targets for the fiscal year, and while fourth quarter Consumer product... More