Polycom (PLCM) Tops Q2 EPS by 1c

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Polycom Announces Financial Results for Second Quarter 2016

July 21, 2016 4:05 PM UTC

SAN JOSE, Calif.--(BUSINESS WIRE)-- Polycom, Inc. (Nasdaq: PLCM) today reported second quarter 2016 revenues of $288 million. On a GAAP basis, Polycom reported a net loss of $10 million, or 7 cents per share for the second quarter 2016. On a non-GAAP basis, Polycom reported net income of $29 million and earnings of 21 cents per diluted share. Polycoms quarterly reconciliation of GAAP to non-GAAP... More