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01.11.2016 21:58:03

Plantronics Inc. Q2 Income Climbs 12%

(RTTNews) - Plantronics Inc. (PLT) announced earnings for its second quarter that gained ground from last year.

The company said its bottom line climbed to $26.89 million, or $0.82 per share. This was up from $23.96 million, or $0.70 per share, in last year's second quarter.

Analysts had expected the company to earn $0.78 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.5% to $216.18 million. This was up from $215.02 million last year.

Plantronics Inc. earnings at a glance:

-Earnings (Q2): $26.89 Mln. vs. $23.96 Mln. last year. -Earnings Growth (Y-o-Y): 12.2% -EPS (Q2): $0.82 vs. $0.70 last year. -EPS Growth (Y-o-Y): 17.1% -Analysts Estimate: $0.78 -Revenue (Q2): $216.18 Mln vs. $215.02 Mln last year. -Revenue Change (Y-o-Y): 0.5%

-Guidance: Next quarter EPS guidance: $0.77 - $0.87 Next quarter revenue guidance: $227 - $237 Mln

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