From Wall Street – Plantronics – CY2019-Q3

The first “comparable” quarter results the acquisition of Polycom by Plantronics shows mixed results compared to one year ago.

Current Highlights

The highlights are for CY2019-Q3 are as follows:

  • Sales growth stalled overall with total sales down over 4% year-over-year
  • GAAP operating income continues to increase as the company strives to reach into the black
  • Video systems and services are the growth drivers in Q3

NOTE – This is the first quarterly results that can be compared to the results of the same quarter in the prior year since the acquisition of Polycom by Plantronics closed in July 2018.