From Wall Street – Plantronics – CY2019-Q1

Current Highlights

The highlights for FY2019-Q4 (CY2019-Q1) are as follows:

  • Combined Plantronics + Polycom re-launched as Poly during fiscal fourth quarter
  • New voice products launched for Google Voice, G Suite
  • Released enhanced Trio integration with AWS
  • Evaluating strategic alternatives for its consumer lines of business
  • Quarter-over quarter and year-over-year comparisons distorted by acquisition of Polycom at beginning of company’s second fiscal quarter
  • Annual sales for combined company reach $1.68 billion with GAAP operating loss of $109 million vs. non-GAAP operating profit of $316 million

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