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Stock Market & Financial Investment News

News Breaks
January 30, 2013
08:27 EDTPLCM, PLTPolycom mentioned positively at Northland Securities
Northland said Plantronics' (PLT) growth in UC revenues related to Microsoft (MSFT) Lync deployments bodes well for Polycom (PLCM) results. Shares of Polycom are Outperform rated.
News For PLCM;PLT From The Last 14 Days
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July 29, 2014
16:05 EDTPLTPlantronics sees Q2 non-GAAP EPS 72c-80c, consensus 69c
Sees Q2 revenue $210M-$220M, consensus $207.80M. Sees Q2 GAAP operating income of $35M-$40M; non-GAAP operating income of $42M-$47M, excluding the impact of $7M from stock-based compensation and purchase accounting amortization from GAAP operating income; assuming approximately 42.5M diluted average weighted shares outstanding; and GAAP diluted EPS of 60c-68. Company said "We have a “book and ship” business model whereby we fulfill the majority of orders received within 48 hours of receipt of those orders. However, our backlog is occasionally subject to cancellation or rescheduling by our customers on short notice with little or no penalty. Therefore, there is a lack of meaningful correlation between backlog at the end of a fiscal period and net revenues in a succeeding fiscal period. Our business is inherently difficult to forecast, particularly with continuing uncertainty in regional economic conditions, and there can be no assurance that expectations of incoming orders over the balance of the current quarter will materialize.
16:01 EDTPLTPlantronics reports Q1 non-GAAP EPS 78c, consensus 69c
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July 24, 2014
10:03 EDTPLCMOn The Fly: Analyst Downgrade Summary
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06:50 EDTPLCMPolycom downgraded to Market Perform from Outperform at Northland
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July 23, 2014
17:34 EDTPLCMPolycom sees Europe 'seasonally slow' in Q3
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17:19 EDTPLCMPolycom sees Q3 adjusted EPS 18c-20c, consensus 19c
Sees Q3 revenue $330M-$340M, consensus $339.84M. Sees Q3 adjusted gross margin 59%-59.4%. Guidance from Q2 earnings conference call.
16:25 EDTPLCMPolycom announces new $200M share repurchase authorization
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16:24 EDTPLCMPolycom reports Q2 EPS 21c, consensus 18c
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16:04 EDTPLCMPolycom drops in extended hours, first look
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16:02 EDTPLCMPolycom announces new $200M share repurchase authorization
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July 17, 2014
08:14 EDTPLCMPolycom earnings power underestimated, says Goldman
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