Plantronics: Q1 Earnings Insights

Shares of Plantronics PLT increased 0.32% in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 75.00% over the past year to $0.33, which beat the estimate of $0.02.

Revenue of $360,802,000 decreased by 21.55% year over year, which beat the estimate of $353,930,000.

Outlook

Plantronics hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jul 28, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/2k74resr

Recent Stock Performance

52-week high: $42.44

52-week low: $4.60

Price action over last quarter: Up 43.66%

Company Overview

Plantronics Inc designs and manufactures lightweight communications headsets, telephone headset systems, and other communications endpoints. The firm's headsets are used for unified communications applications in contact centers, with mobile devices and Internet telephony, for gaming, and for other applications. Its products are shipped through a network of distributors, retailers, wireless carriers, original equipment manufacturers, and other service providers. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Africa, Asia Pacific, and other regions.