Plantronics (PLT) Tops Q4 EPS by 9c, Sales Miss; Guides Q1 Below Views
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Plantronics Announces Fourth Quarter & Fiscal Year 2017 Financial Results
May 1, 2017 8:00 AM EDTSANTA CRUZ, Calif., May 01, 2017 (GLOBE NEWSWIRE) -- Plantronics, Inc. (NYSE: PLT) today announced fourth quarter and Fiscal Year 2017 financial results. Highlights of the fourth quarter include the following (comparisons are against the fourth quarter and full Fiscal Year 2016, as noted):
Net revenues were $209.0 million, a decrease of 0.4% compared with $209.8 million, and below our guidance range of $213 million to $223 millionGAAP gross margin was 51.5% compared with 50.9%- Â Non-GAAP gross margin was 51.9% compared with 51.3%GAAP operating income was $30.0 million compared with $17.9 million- Â Non-GAAP operating income was $39.8 million compared with $34.4 millionGAAP diluted... More