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Article: Plantronics Achieves Record Earnings On Record Revenues in the First Quarter.
- Article from:
- Business Wire
- Article date:
- July 18, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors and High Tech Writers
SANTA CRUZ, Calif.--(BUSINESS WIRE)--July 18, 2000
Plantronics, Inc. (NYSE: PLT) today announced record revenues and earnings for the first quarter of fiscal year 2001. First quarter revenues totaled $100.4 million, up 34% over the $74.7 million in revenues in the first quarter of fiscal 2000.
Earnings also improved strongly in the first quarter. Net income of $20.1 million compared to net income in the first quarter of fiscal 2000 of $15.4 million. Plantronics' diluted earnings per share were $1.15 for the first quarter in comparison to $0.85 in the year ago quarter, a 35% increase.
Ken ...