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Plantronics Inc (PLT.N)

PLT.N on New York Stock Exchange

52.99USD
24 Mar 2017
Change (% chg)

$0.09 (+0.17%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Plantronics Q3 adjusted earnings per share $0.79
Tuesday, 31 Jan 2017 04:01pm EST 

Plantronics Inc : Plantronics announces third quarter fiscal year 2017 financial results . Q3 non-gaap earnings per share $0.79 . Q3 gaap earnings per share $0.68 . Q3 earnings per share view $0.82 -- Thomson Reuters I/B/E/S . Q3 revenue $232.9 million versus I/B/E/S view $232.3 million . Plantronics Inc says Q3 FY17 gaap gross margin was 47.3%, a decrease of 120 basis points compared to prior year quarter . Plantronics Inc- see Q4 2017 net revenues of $213 million to $223 million . Plantronics Inc sees Q4 gaap operating income of $29 million to $34 million . Plantronics Inc sees Q4 non-gaap diluted EPS of $0.69 to $0.79 . Plantronics Inc sees Q4 gaap diluted EPS of $0.53 to $0.63 . Plantronics Inc - for full fiscal year, we expect to invest between $23 million and $26 million in capital expenditures .Q4 earnings per share view $0.75, revenue view $216.7 million -- Thomson Reuters I/B/E/S.  Full Article

Plantronics appoints Joe Burton as CEO and President
Monday, 3 Oct 2016 08:00am EDT 

Plantronics Inc :Joe Burton appointed president, chief executive officer of co; former president, ceo, Ken Kannappan, chose to resign from board.  Full Article

Plantronics says CEO Ken Kannappan to retire
Tuesday, 2 Aug 2016 04:07pm EDT 

Plantronics Inc : Plantronics ceo ken kannappan to retire . Joe burton will become president and chief executive officer effective oct. 2, 2016 .Plantronics inc says joe burton, plantronics' chief commercial officer, will become president and chief executive officer effective oct. 2, 2016.  Full Article

Plantronics sees Q2 non-gaap diluted eps $0.73 to $0.8
Tuesday, 2 Aug 2016 04:07pm EDT 

Plantronics Inc : Plantronics inc qtrly net revenues were $223.1 million, an increase of 8% compared with $206.4 million . Plantronics inc qtrly gaap diluted earnings per share was $0.62 . Gaap diluted eps was $0.76 . Plantronics inc sees q2 net revenues of $215 million to $225 million . Plantronics inc sees q2 gaap diluted eps of $0.51 to $0.61 . Sees Q2 Non-Gaap diluted eps of $0.73 to $0.8 . Q1 earnings per share view $0.70, revenue view $216.7 million -- Thomson Reuters I/B/E/S . Announcing a new 1 million share repurchase program . Q2 earnings per share view $0.78, revenue view $217.2 million -- Thomson Reuters I/B/E/S . Enterprise net revenues grew by 3% to $155.9 million in q1 of fiscal year 2017 .Consumer net revenues grew by 23% to $67.2 million in q1 of fiscal year 2017.  Full Article

Plantronics announces result of motion for sanctions
Thursday, 7 Jul 2016 08:30am EDT 

Plantronics Inc : Plantronics announces result of motion for sanctions related to the Gn Netcom litigation . Preliminary results for Q1 fiscal year 2017, with revenue expected to be above previously provided guidance range of $207 million to $217 million . Expected charge of approximately $5 million in Q1 FY 2017 related to ongoing litigation with GN Netcom, Inc. . Preliminary results for Q1 fiscal year 2017 where GAAP,non-GAAP EPS expected to be in middle to high end of previously provided guidance . Company also believes that underlying antitrust action is "without merit and intends to defend itself vigorously" .Company is not accruing any financial damages related to antitrust case.  Full Article

GN Store Nord: Court Order issued in ongoing litigation between GN Netcom, Inc. v. Plantronics
Thursday, 7 Jul 2016 01:00am EDT 

GN Store Nord A/S : Court Order issued in ongoing litigation between GN Netcom, Inc. v. Plantronics . Says United States District Court in Wilmington, Delaware, issued its order on this motion for sanctions . Says order imposed punitive sanctions against plantronics in amount of $3 million . Says order imposed additional monetary sanctions reimbursing GN for reasonable fees and costs incurred in connection with discovery disputes leading to motion for sanctions . Says order imposed possible evidentiary sanctions, if requested by GN Netcom and found by Court to be warranted as this case progresses toward trial . Says order imposed instructions to jury that it may draw an adverse inference that emails destroyed by Plantronics would have been favorable to GN's case and/or unfavorable to Plantronics' defense .Order does not impact GN's financial guidance for 2016.  Full Article

Plantronics unveils virtual reality gaming headset
Tuesday, 14 Jun 2016 08:00am EDT 

Plantronics Inc :Plantronics publicly unveils RIG 4VR, the first virtual reality gaming headset designed for PlayStation VR.  Full Article

Plantronics Inc gives Q1 2017 guidance
Tuesday, 3 May 2016 04:00pm EDT 

Plantronics Inc:Sees Q1 2017 Net revenues of $207 million to $217 million.Sees Q1 2017 GAAP operating income of $27 million to $32 million.Sees Q1 2017 Non-GAAP operating income of $35 million to $40 million.Sees Q1 2017 GAAP diluted EPS of $0.45 to $0.55.Sees Q1 2017 Non-GAAP diluted EPS of $0.63 to $0.73.  Full Article

Plantronics declares quarterly dividend
Monday, 1 Feb 2016 04:00pm EST 

Plantronics Inc:Declares a quarterly dividend of $0.15 per common share.Payable on March 10 to all shareholders of record as of the close of business on February 19.  Full Article

Plantronics Inc gives Q4 2016 guidance
Monday, 1 Feb 2016 04:00pm EST 

Plantronics Inc:Sees Q4 2016 Net revenues of $200 million to $210 million.Sees Q4 2016 GAAP operating income of $16 million to $21 million.Sees Q4 2016 Non-GAAP operating income of $30 million to $35 million, excluding the impact of $8 million from stock-based compensation and purchase accounting amortization and $6 million in restructuring costs from GAAP operating income.Sees Q4 2016 GAAP diluted EPS of $0.21 to $0.31.Sees Q4 2016 Non-GAAP diluted EPS of $0.50 to $0.6.  Full Article

More From Around the Web

CORRECTED-Plantronics' Q2 adj EPS of $0.82 beats forecast - Uptick (Nov. 1)

(Corrects headline and first paragraph in Nov. 1 Uptick item to show Plantronics reported adjusted EPS of $0.82 and beat I/B/E/S estimates, not reported EPS of $0.70 and missed I/B/E/S estimates) Plantronics' second-quarter adjusted profit beat Thomson Reuters I/B/E/S mean estimate. The company announced adjusted net income of $0.82 per share. Forecasted net income by analysts on Wall Street ranged between $0.76 and $0.80 per share and had an estimated mean of $0.78 per share. In the last four q