Plantronics (PLT) Tops Q1 EPS by 8c
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Plantronics Announces First Quarter Fiscal Year 2016 Financial Results
July 27, 2015 4:00 PM EDTSANTA CRUZ, CA -- (Marketwired) -- 07/27/15 -- Plantronics, Inc. (NYSE: PLT) today announced first quarter fiscal year 2016 financial results. Highlights of the first quarter include the following (comparisons are against the first quarter of fiscal year 2015):
Net revenues were $206.4 million compared with $216.7 millionGAAP gross margin was 52.0% compared with 52.9%Non-GAAP gross margin was 52.4% compared with 53.2%.GAAP operating income was $29.4 million compared with $37.8 million Non-GAAP operating income was $37.5 million compared with $44.1 millionGAAP diluted earnings per share ("EPS") was $0.55 compared with $0.68Non-GAAP diluted EPS was $0.67 compared with $0.78 Q1 Fiscal Year 2016 GAAP Results... More