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Stock Market & Financial Investment News

News Breaks
December 10, 2012
05:55 EDTPLT, PLTPlantronics management to meet with Roth Capital
Meeting to be held in San Francisco on December 17 hosted by Roth Capital.
News For 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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