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Last $11.04 USD
Change Today -0.34 / -2.99%
Volume 1.7M
PLCM On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

polycom inc (PLCM) Snapshot

Open
$11.16
Previous Close
$11.38
Day High
$11.23
Day Low
$10.97
52 Week High
02/12/15 - $14.22
52 Week Low
10/15/14 - $10.33
Market Cap
1.5B
Average Volume 10 Days
2.5M
EPS TTM
$0.59
Shares Outstanding
133.4M
EX-Date
--
P/E TM
18.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for POLYCOM INC (PLCM)

polycom inc (PLCM) Related Businessweek News

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polycom inc (PLCM) Details

Polycom, Inc. provides collaboration solutions for voice, video, and content sharing. The company offers video, voice, and content-management and content-sharing solutions, such as telepresence and conference room systems, home/work office solutions, applications for mobile devices, browser-based video collaboration, and cloud-delivered services, as well as industry-specific solutions, including specialized video carts and solutions for healthcare, education, and manufacturing. It also provides telepresence and video conferencing systems to incorporate high-definition (HD) data sharing and collaboration into a video conference; peripherals and accessories; UC group devices primarily for the Skype for Business environment; and conference phones to conduct voice conference calls. In addition, the company offers RealPresence platform comprising universal video collaboration, resource management, virtualization manager, content management, and content sharing systems, as well as software solutions for personal video collaboration. Further, it offers UC personal devices comprising desktop video devices, desktop voice products, and related service components that provide HD voice, video, and content to desktops, home offices, mobile users, and branch sites. Additionally, the company provides various professional services, including assessments, implementation, network consulting, usage and adoption, analytics, optimization, and advanced project management services; and development consulting services for APIs. It serves finance, manufacturing, government, education, and healthcare markets. The company sells its products through a network of channel partners, including distributors, value-added resellers, system integrators, communications services providers, and retailers in North America, the Caribbean, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. Polycom, Inc. was founded in 1990 and is headquartered in San Jose, California.

3,525 Employees
Last Reported Date: 02/20/15
Founded in 1990

polycom inc (PLCM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $700.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $399.5K
Executive Vice President of Worldwide Enginee...
Total Annual Compensation: $222.7K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $432.2K
Compensation as of Fiscal Year 2014.

polycom inc (PLCM) Key Developments

Polycom, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015

Polycom, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $316,575,000 compared to $332,019,000 a year ago. Operating income was $24,918,000 compared to $12,108,000 a year ago. Income before provision for income taxes was $24,740,000 compared to $10,412,000 a year ago. Net income was $19,647,000 or $0.14 per diluted share compared to $8,557,000 or $0.06 per diluted share a year ago. Non-GAAP net income was $29,947,000 or $0.22 per basic and diluted share compared to $29,580,000 or $0.21 per basic and diluted share a year ago. Non-GAAP operating income was $37,633,000 compared to $38,671,000 a year ago. The company generated $33 million in operating cash flow. For the six months, the company reported total revenues of $647,275,000 compared to $660,543,000 a year ago. Operating income was $53,934,000 compared to $5,194,000 a year ago. Income before provision for income taxes was $52,294,000 compared to $2,803,000 a year ago. Net income was $40,845,000 or $0.30 per diluted share compared to $4,566,000 or $0.03 per diluted share a year ago. Non-GAAP net income was $62,182,000 or $0.45 per diluted share compared to $55,667,000 or $0.39 per diluted share a year ago. Net cash provided by operating activities was $63,148,000 compared to $80,621,000 a year ago. Purchases of property and equipment were $23,922,000 compared to $24,338,000 a year ago. Capitalized software development costs for products to be sold was $2,311,000 compared to $2,474,000 a year ago. Purchases of investments were $107,675,000 compared to $151,611,000 a year ago. Non-GAAP operating income was $79,367,000 compared to $71,975,000 a year ago. For the third quarter of 2015, the company expects revenues ranging from $305 million to $315 million; non-GAAP gross profit margins ranging from 58.8% to 59.2% of revenues; total non-GAAP operating expenses ranging from 47.2% to 46.7% of revenues; non-GAAP operating margin ranging from 11.6% to 12.4% of revenues; non-GAAP tax rate of 20% and a GAAP tax rate of 23%; interest and other income expense is expected to be a net expense of approximately $1.3 million; share count for EPS is expected to be an estimated 138 million diluted shares excluding any additional share repurchase activity; and The company expects non-GAAP EPS to range from $0.20 to $0.22 per share; and The company expects GAAP EPS to range from $0.11 to $0.13 per share.

Polycom Appoints Christopher Jones as President of Polycom Americas

Polycom reported that Christopher M. Jones will join the company as President, Polycom Americas, on Aug. 3. In this role, Jones will be responsible for leading the company's regional sales strategy and execution to drive customer success and profitable growth for Polycom and its partners. Jones brings to Polycom more than 25 years global sales and leadership experience. His expertise lies in building, managing and motivating sales teams in partner-centric organizations. With a strong focus on enabling customer success and building a go-to-market strategy that leverages partners, Jones has successfully led worldwide sales teams to increase revenue even in highly competitive markets.

Polycom Names Christopher M. Jones as Americas President

Polycom, Inc. announced that Christopher M. Jones will join the company as President, Polycom Americas, on Aug. 3, 2015. In this role, Jones will be responsible for leading the company's regional sales strategy and execution to drive customer success and profitable growth for Polycom and its partners. Jones brings to Polycom more than 25 years global sales and leadership experience. His expertise lies in building, managing and motivating sales teams in partner-centric organizations. With a strong focus on enabling customer success and building a go-to-market strategy that leverages partners, Jones has successfully led worldwide sales teams to increase revenue even in highly competitive markets. Jones joins Polycom from Avaya, where he was Vice President of Midmarket Sales, responsible for leading the global midmarket and worldwide distribution sales teams. While there, he built the overall strategy, organizational structure and implementation plan to deliver top-line revenue targets.

 

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Industry Analysis

PLCM

Industry Average

Valuation PLCM Industry Range
Price/Earnings 20.3x
Price/Sales 1.1x
Price/Book 1.5x
Price/Cash Flow 17.5x
TEV/Sales 0.5x
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