Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last €49.97 EUR
Change Today +0.59 / 1.20%
Volume 0.0
As of 3:01 AM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

plantronics inc (PTM) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/16/15 - €52.38
52 Week Low
06/2/14 - €32.60
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for PLANTRONICS INC (PTM)

plantronics inc (PTM) Related Businessweek News

View More BusinessWeek News

plantronics inc (PTM) 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.

3,397 Employees
Last Reported Date: 05/15/15
Founded in 1961

plantronics inc (PTM) 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 (PTM) Key Developments

Plantronics Updates on Proposed $500 Million Offering of Senior Notes and Amendment and Restatement of Senior Credit Facility

Plantronics reported that it intends to offer, subject to market and other considerations, $500 million aggregate principal amount of senior notes due 2023 (the "Notes) through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. In a release on May 18, the Company noted that in connection with the offering of Notes, Plantronics has entered into an amended and restated senior credit facility to, among other things, reduce the commitments under Plantronics' existing senior credit facility from $200 million to $100 million in aggregate principal amount and to permit the issuance of the Notes. The amended and restated senior credit facility will become effective concurrently with the closing of the Notes. Plantronics intends to use approximately $151 million of the net proceeds from the offering, together with cash on hand, to repay all outstanding amounts under its senior credit facility. Pursuant to Plantronics's return of capital policy announced on March 4, Plantronics intends to use the remaining net proceeds from the offering for share repurchases and general corporate purposes.

Plantronics, Inc. Enters into an Amended and Restated Credit Agreement with Wells Fargo Bank, National Association

On May 15, 2015, Plantronics, Inc. entered into an Amended and Restated Credit Agreement with Wells Fargo Bank, National Association. The Credit Agreement amends and restates the Company's existing Credit Agreement, dated as May 9, 2011, by and between the Company and Bank. The Credit Agreement provides for a $100.0 million unsecured revolving credit facility. The proceeds of loans under the Credit Agreement may be used to refinance outstanding indebtedness under the Existing Credit Agreement, to finance stock repurchases and for general corporate purposes. Revolving loans under the Credit Agreement will bear interest, at the Company's election, at (i) the Bank's announced prime rate less 1.2% per annum or (ii) a daily one-month LIBOR rate plus 1.4% per annum. Interest is payable quarterly in arrears on the first day of each April, July, October and January, commencing July 1, 2015. Principal, together with all accrued and unpaid interest, on the revolving loans is due and payable on May 9, 2018. The Company is also obligated to pay a commitment fee of 0.37% per annum on the average daily unused amount of the revolving line of credit, which fee shall be payable quarterly in arrears on the first day of each April, July, October and January, commencing July 1, 2015. The Company may prepay the loans and terminate the commitments under the Credit Agreement at any time, without premium or penalty, subject to the reimbursement of certain costs.

Plantronics to Raise $500 Million in Notes Offering

Plantronics reported it plans to offer in a private placement to qualified institutional buyers $500 million aggregate principal amount of senior notes due 2023. The company intends to use the net proceeds for debt repayments, share repurchases and for general corporate purposes. Additionally, the company has also amended and restated its senior credit facility to, among other things, reduce the commitments to $100 million from $200 million to permit the issuance of the notes.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PTM:GR €49.97 EUR +0.59

PTM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CSR PLC 884.50 GBp +1.00
Finisar Corp $22.35 USD +0.45
Infinera Corp $21.07 USD +0.43
Polycom Inc $13.44 USD -0.03
Take-Two Interactive Software Inc $27.28 USD -0.09
View Industry Companies

Industry Analysis


Industry Average

Valuation PTM Industry Range
Price/Earnings 20.9x
Price/Sales 2.7x
Price/Book 3.1x
Price/Cash Flow 19.2x
TEV/Sales 2.0x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PLANTRONICS INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at