Transition in progress during the global pandemic.
Current Highlights
The highlights for this quarter are as follows:
- Revenues of $356M, down 22% vs. Q2-2019
- Results impacted once again by supply chain disruption related to the Covid-19 pandemic
- Elevated demand for enterprise headsets related to work-from-home phenomenon
- Current backlog of roughly five weeks, primarily in headsets
- Ended quarter with $263M in cash and short-term investments, up $37M from prior quarter
