From Wall Street – Plantronics – CY2020-Q1

Surviving, and in some areas even thriving, during the panedemic.

Current Highlights

The highlights for this quarter are as follows:

  • Revenues of $403M, down 14% vs. Q1-2019
  • Results impacted by supply chain disruption related to the Covid-19 pandemic
  • Huge non-cash operating loss due to accounting adjustments required by SEC rules
  • Enterprise headset business booming related to the pandemic and work-from-home shift by many customers