Last $53.40 USD
Change Today -0.44 / -0.82%
Volume 354.7K
PLT On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

plantronics inc (PLT) Snapshot

Open
$53.67
Previous Close
$53.84
Day High
$53.88
Day Low
$53.18
52 Week High
12/18/14 - $53.93
52 Week Low
02/5/14 - $41.14
Market Cap
2.3B
Average Volume 10 Days
215.6K
EPS TTM
$2.60
Shares Outstanding
42.9M
EX-Date
11/18/14
P/E TM
20.6x
Dividend
$0.60
Dividend Yield
1.03%
Current Stock Chart for PLANTRONICS INC (PLT)

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plantronics inc (PLT) Details

Plantronics, Inc. designs, manufactures, and markets lightweight communications headsets, telephone headset systems, other communication endpoints, and accessories for the business and consumer markets under the Plantronics brand worldwide. The company also manufactures and markets specialty telephone products under the Clarity brand. Its primary products include corded and cordless communication headsets; audio processors; telephone systems; Bluetooth and corded products; personal computer and gaming headsets; and specialty products, including speakerphones, amplified captioned phones, amplified corded phones, personal listeners, and alarm clocks for hearing impaired individuals. The company designs its products for various markets and applications, such as enterprise and home offices, contact centers, mobile phones and smartphones, computer and gaming, residential, and other specialty applications. Plantronics, Inc. sells products through a network of distributors, retailers, wireless carriers, original equipment manufacturers, and telephony service providers. Plantronics, Inc. was founded in 1961 and is headquartered in Santa Cruz, California.

3,400 Employees
Last Reported Date: 05/16/14
Founded in 1961

plantronics inc (PLT) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $700.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $336.3K
Chief Technology Officer and Executive Vice P...
Total Annual Compensation: $386.3K
Senior Vice President of Sales
Total Annual Compensation: $379.0K
Compensation as of Fiscal Year 2014.

plantronics inc (PLT) Key Developments

Plantronics, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 27, 2014; Provides Earnings Guidance for the Third Quarter of Fiscal Year 2015

Plantronics, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended September 27, 2014. For the quarter, net revenues were $215.8 million compared with $194.0 million. GAAP operating income was $37.9 million compared with $30.8 million. GAAP diluted earnings per share was $0.65 compared with $0.53, and within guidance of $0.60 to $0.68. Income before income taxes was $37.2 million against $31.195 million for the same period last year. Net income was $27.421 million against $23.138 million for the same period last year. Cash provided by operating activities was $42.493 million against $23.466 million for the same period last year. Capital expenditures were $6.107 million against $14.199 million for the same period last year. Non-GAAP operating income was $45.3 million compared with $38.0 million. Non-GAAP diluted EPS was $0.77 compared with $0.64 a year ago. Non-GAAP net income was $32.5 million compared with $27.9 million a year ago. For the six months, net revenue was $432.467 million against $396.798 million for the same period last year. GAAP Operating income was $75.619 million against $66.785 million for the same period last year. Income before income taxes was $75.954 million against $66.658 million for the same period last year. Net income was $56.093 million against $50.091 million for the same period last year. GAAP diluted earnings per share was $1.32 against $1.15 for the same period last year. Net Income was $56.093 million against $50.091 million for the same period last year. Cash provided by operating activities was $72.031 million against $57.606 million for the same period last year. Capital expenditures were $13.419 million against $27.213 million for the same period last year. Non-GAAP operating income was $89.5 million compared with $80.4 million a year ago. Non-GAAP diluted EPS was $1.54 compared with $1.34 a year ago. Non-GAAP net income was $65.5 million compared with $58.6 million a year ago. The company expects the following range of financial results for the third quarter of fiscal year 2015: Net revenues of $220 million to $230 million. GAAP operating income of $37 million to $42 million. Non-GAAP operating income of $45 million to $50 million, excluding the impact of $8 million from stock-based compensation and purchase accounting amortization from GAAP operating income. GAAP diluted EPS of $0.64 to $0.72. Non-GAAP diluted EPS of $0.77 to $0.85.

Plantronics, Inc. Declares Quarterly Dividend on Common Shares, Payable on December 10, 2014

Plantronics, Inc. declared a quarterly dividend of $0.15 per common share, to be paid on December 10, 2014 to all shareholders of record as of the close of business on November 20, 2014.

SYNNEX Corporation Signs a Distribution Agreement with Plantronics

SYNNEX Corporation announced that it has signed a distribution agreement with Plantronics to bring its best-in-class communications products and value-added services to the IT Channel. SYNNEX offers Plantronics' robust portfolio of products including its headsets, speakerphones, telephones, and wearable devices, complemented by a new suite of services to support Unified Communications (UC) for its resellers. The agreement enhances offerings within the SYNNEX CONVERGESolv Secure Networking group, which allows resellers to build their customers' networks, add applications to the network and secure each network seamlessly. Along with delivering Plantronics' communications products to resellers, SYNNEX offers a suite of solutions featuring the Plantronics Manager Pro for vendor-hosted and direct-hosted solutions, which leverages a cloud-based architecture to give IT managers easy-to-use tools to configure settings and update audio device software and firmware for end-users across the enterprise. Beyond enriching SYNNEX' UC platform, the agreement rounds out its recently launched Hosted Avaya IP Office cloud solution, which gives resellers the option to move from a referral agent model to a recurring monthly service model, providing the opportunity for long-term, recurring revenue streams. In addition to its agreement in the US, Plantronics has maintained a collaborative relationship with SYNNEX Canada and continues to work closely to help generate strong reseller relationships within Canada's CONVERGESolv group.

 

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Price/Earnings 19.3x
Price/Sales 2.6x
Price/Book 3.0x
Price/Cash Flow 19.4x
TEV/Sales 2.3x
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