Plantronics Inc. Q3 Income Rises

(RTTNews) - Plantronics Inc. (PLT) released earnings for its third quarter that rose from last year.

The company said its bottom line climbed to $33.11 million, or $1.02 per share. This was higher than $26.07 million, or $0.79 per share, in last year's third quarter.

Analysts had expected the company to earn $0.79 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.7% to $226.53 million. This was down from $232.93 million last year.

Plantronics Inc. earnings at a glance:

-Earnings (Q3): $33.11 Mln. vs. $26.07 Mln. last year. -Earnings Growth (Y-o-Y): 27.0% -EPS (Q3): $1.02 vs. $0.79 last year. -EPS Growth (Y-o-Y): 29.1% -Analysts Estimate: $0.79 -Revenue (Q3): $226.53 Mln vs. $232.93 Mln last year. -Revenue Change (Y-o-Y): -2.7%

-Guidance: Next quarter EPS guidance: $0.75 - $0.85 Next quarter revenue guidance: $205 - $215 Mln