Key Developments: Plantronics Inc (PLT.N)
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Latest Key Developments (Source: Significant Developments)
Plantronics Inc Issues Q1 2014 Guidance In Line With Analysts' Estimates
Plantronics Inc announced that for the first quarter of 2014, it expects Net revenues of $198 million to $205 million; GAAP operating income of $33 million to $37 million; Non-GAAP operating income of $40 million to $44 million; GAAP diluted EPS of $0.56 to $0.62 and Non-GAAP diluted EPS of $0.68 to $0.74. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $195 million, EBIT of $41 million and EPS of $0.72 for the first quarter of 2014. Full Article
Plantronics Inc Declares Quarterly Dividend
Plantronics Inc announced that the Board of Directors declared a quarterly dividend of $0.10 per share. The dividend will be payable on June 10, 2013 to stockholders of record at the close of business on May 20, 2013. Full Article
Plantronics Inc's President and CEO Taking Temporary Leave of Absence
Plantronics Inc announced that president and CEO Ken Kannappan will be taking a temporary medical leave of absence to address a treatable form of cancer, starting immediately. He is expected to be on leave for approximately four months. During this time, Ken will stay involved in directing the Company to the extent practical. Plantronics CFO Pamela Strayer will serve as the acting CEO during Ken’s absence. He will remain a member of the board of directors during his leave. Full Article
Plantronics Inc Issues Q4 2013 Guidance; Revenue And Operating Income Guidance Above Analysts' Estimates;Declares Dividend
Plantronics Inc announced that for the fourth quarter of 2013, it expects Net revenues of $190 million to $195 million; GAAP operating income of $33 million to $35 million; Non-GAAP operating income of $39 million to $41 million; GAAP diluted EPS of $0.63 to $0.67 and Non-GAAP diluted EPS of $0.68 to $0.72. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $184 million, EBIT of $38 million and EPS of $0.68 for the fourth quarter of 2013. The Company also announced that Board of Directors declared a quarterly dividend of $0.10 per share. The dividend will be payable on March 11, 2013 to stockholders of record at the close of business on February 20, 2013. Full Article
Plantronics Inc Issues Q3 2013 Guidance In Line With Analysts' Estimates; Declares Quarterly Dividend
Plantronics Inc announced that for the third quarter of 2013, it expects net revenues of $183 million to $190 million; GAAP operating income of $31 million to $35 million; Non-GAAP operating income of $37 million to $41 million; GAAP diluted EPS of $0.54 to $0.61 and Non-GAAP diluted EPS of $0.63 to $0.70. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $188 million, EBIT of $39 million and EPS of $0.70 for the third quarter of 2013. The Company also announced that the Board of Directors declared a quarterly dividend of $0.10 per share. The dividend will be payable on December 10, 2012 to stockholders of record at the close of business on November 20, 2012. Full Article
Plantronics Inc Declares Dividend
Plantronics Inc announced that our Board of Directors declared a quarterly dividend of $0.10 per share. The dividend will be payable on September 10, 2012 to stockholders of record at the close of business on August 20, 2012. Full Article
Plantronics Inc Issues Q2 2013 Guidance; Revenue Guidance Below Analysts' Estimates
Plantronics Inc announced that for the second quarter of 2013, it expects net revenues of $175 million to $180 million; GAAP operating income of $31 million to $34 million; Non-GAAP operating income of $36 million to $39 million, excluding the impact of $5 million from both stock-based compensation and accelerated depreciation from GAAP operating income; GAAP diluted EPS of $0.54 to $0.59; and Non-GAAP diluted EPS of $0.63 to $0.68. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $182 million, operating income of $37 million and EPS of $0.66 for second quarter of 2013. Full Article
Plantronics Inc Appoints Pamela Strayer As Chief Financial Officer
Plantronics Inc announced the appointment Of Pamela Strayer as Senior Vice President and Chief Financial Officer. Strayer replaces Barbara Scherer who announced her intention to retire in March 2012. Full Article
Plantronics Inc Announces Dividend
Plantronics Inc announced that Board of Directors approved an increase in the quarterly cash dividend from $0.05 per share to $0.10 per share for the first quarter of fiscal 2013. The quarterly dividend of $0.10 per share will be payable on June 8, 2012 to stockholders of record at the close of business on May 18, 2012. Full Article
Plantronics Inc Issues Q1 2013 Guidance
Plantronics Inc announced that for the first quarter of 2013, it expects net revenues of $177 million to $182 million; GAAP operating income of $29 million to $31.5 million; Non-GAAP operating income of $34 million to $36.5 million, excluding the impact of $4.8 million from stock-based compensation from GAAP operating income; GAAP diluted EPS of $0.50 to $0.55; -- Non-GAAP diluted EPS of $0.58 to $0.63; and diluted EPS cost of stock-based compensation and other non-cash charges to be approximately $0.08. Full Article

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