Article: Plantronics Achieves Record Earnings On Record Revenues in the First Quarter.

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 ...

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