Poly Announces Third Quarter Fiscal Year 2021 Financial Results
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Plantronics (PLT) Tops Q3 EPS by 52c, Revenues Beat; Offers 4Q EPS Mid-Point Guidance Above Consensus, 4Q Revenue View Above Consensus
February 4, 2021 4:27 PM ESTPlantronics (NYSE: PLT) reported Q3 EPS of $1.47, $0.52 better than the analyst estimate of $0.95. Revenue for the quarter came in at $488 million versus the consensus estimate of $431.98 million.
Highlights for the third quarter include:
Poly posted record Professional Headset and Video revenues, with unit shipments more than doubling in each category year over year, reflecting the massive shift in the way work is done, where work is done, and the importance of reliable, high-fidelity connectivity.The Company announced the Poly Studio P Series, a new family of sophisticated prosumer video... More