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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.

3,400 Employees
Last Reported Date: 05/16/14
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, Inc. Unveils Four New Unified Communications Audio Devices

Plantronics, Inc. unveiled four new UC (unified communications) audio devices designed to deliver exceptional audio quality and noise management technology to help people effectively communicate and collaborate, regardless of workplace or location. These new offerings are comprised of the Blackwire 725, the company's first UC stereo headset with Active Noise Canceling (ANC) for those people who want to stay focused in noisy office environments; the Voyager Edge UC, the latest product in the Voyager family of Bluetooth headsets aimed at workers constantly on the road; the Calisto 610, a portable speakerphone for instant anywhere conferencing, and the Clarity 340, designed for those who face vision, hearing, or dexterity challenges. Now, workers in the office and on the road have tools they can use to control outside noise that allow them to hear as well as be heard clearly. The shift to Smarter Working-style environments, though undoubtedly beneficial, creates new noise challenges for individuals and their colleagues which can often undermine productivity gains. The following are Plantronics' new solutions that address the inherent ambient noise challenges and potential audio quality concerns associated with Smarter Working scenarios and environments: Blackwire 725: The company's first UC product with Active Noise Canceling technology (ANC), provides a corded option at a very affordable price for office workers who need to hear and be heard. The Blackwire 725 is ideal for managing PC calls and enjoying music and multimedia with dynamic hi-fi sound. Also, with the combination of wideband audio, Digital Signal Processing and a noise canceling microphone, incoming calls and user's voice are both crystal clear. Voyager Edge UC: New wearing style for mobile UC users who need to be heard and want to use their Bluetooth(R) enabled communications devices (laptop, smartphone or tablet) together. The solution includes a small Bluetooth USB dongle that provides seamless wideband audio to user's laptop. The latest addition to the Voyager line features a slim, sophisticated design that fits quickly and comfortably in user's ear and comes with its own portable charging case. It boasts signature Plantronics audio technology that eliminates disruptive background noise and includes intuitive, responsive features that keep user moving by automatically answering calls as user place it on ear. Calisto 610: Corded USB speakerphone that provides users the ability to easily create on-the-go conference calls for small groups of people. It enables workers to hear remote participants with high-quality, omni-directional audio, in an easy-to-carry form factor that integrates easily with a softphone of their choice, all at the price of a basic speakerphone; includes carrying case. Clarity 340: Designed for knowledge workers with vision, hearing, or dexterity challenges, the Clarity 340 handset-style phone features amplified sound, an easy-to-read screen, large buttons for dialing, and crisp audio. With Clarity 340, now everyone can fully participate and benefit from UC solutions. Voyager Edge UC, Blackwire 725 and Calisto 610 are available immediately. The Clarity 340 will be available in March.

Plantronics, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Fourth Quarter of 2015; Provides CapEx Guidance for the Full Year of 2016

Plantronics, Inc. reported un-audited consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net revenues of $231,781,000 compared with $212,739,000 million in 2013. GAAP operating income was $40,614,000 compared with $37,842,000. Income before income taxes was $38,596,000 against $38,028,000 a year ago. Net income was $30,384,000 or $0.71 per diluted share against $34,383,000 or $1.94 per diluted share a year ago. Cash provided by operating activities was $28,345,000 against $34,516,000 a year ago. Capital expenditures were $5,795,000 against $10,444,000 a year ago. Non-GAAP operating income was $48,108,000 against $43,935,000 a year ago. Non-GAAP net income was $33,646,000 against $33,056,000 a year ago. Non-GAAP diluted earnings per share were $0.79 against $0.76 a year ago. For the nine months, the company reported net revenues of $664,248,000 compared to $609,537,000, GAAP operating income of $116,233,000 compared with $104,627,000 a year ago. Income before income taxes was $114,550,000 against $104,686,000 a year ago. Net income was $86,477,000 or $2.03 per diluted share against $84,474,000 or $1.94 per diluted share a year ago. Cash provided by operating activities was $100,376,000 against $92,122,000 a year ago. Capital expenditures were $19,214,000 against $37,657,000 a year ago. Non-GAAP operating income was $137,530,000 against $124,340,000 a year ago. Non-GAAP net income was $99,145,000 against $91,645,000 a year ago. Non-GAAP diluted earnings per share were $2.32 against $2.10 a year ago. For the fourth quarter of 2015, the company net revenues to be $205 million to $215 million, operating income to be $32 million to $37 million, diluted earnings per share to be $0.55 to $0.63, non-GAAP operating income to be $40 million to $45 million and non-GAAP diluted earnings per share to be $0.67 to $0.75. CapEx is expected to be a little higher anywhere from $8 million to $10 million. Non-GAAP tax rate is expected to be 27%. For the full year of 2016, CapEx is expected to be $35 million to $40 million.

Plantronics, Inc. Declares Quarterly cash Dividend, Payable on March 10, 2015

Plantronics, Inc. declared a quarterly dividend of $0.15 per common share, to be paid on March 10, 2015 to all shareholders of record as of the close of business on February 20, 2015.


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