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Technology Stocks : Plantronics (NYSE: PLT)
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To: Anthony Tsai who wrote (24)8/27/1999 7:59:00 AM
From: Anthony Tsai  Read Replies (1) of 28
 
08/26 11:28P (DJ) +DJ Plantronics Sees FY '00 Net $3.55-$3.70/Shr, Below Views
Story 5990 +DJ Plantronics Cites Lower Demand From Call Centers >PLT
(MORE) DOW JONES NEWS 08-26-99
11:31 PM
Story 5992 +DJ Plantronics Cites Inventory Cut From Largest OEM Customer
(MORE) DOW JONES NEWS 08-26-99
11:32 PM
Story 0009 on 08/27 DJ Plantronics Outlook -2: First Call 2Q Net View 89c/Shr
SANTA CRUZ, Calif. (Dow Jones)--Plantronics Inc. (PLT) expects its
second-quarter earnings will be slightly less than the 85 cents a share it
earned in the first quarter, but higher than the 74 cents a share it earned in
the year-ago second quarter.
A First Call survey of three analysts estimated that Plantronics will earn
89 cents a diluted share in its current second quarter ending Sept. 25.
In a press release Thursday, Plantronics said it expects revenue of about
$72 million in the second quarter. For the year-ago second quarter, the
company's revenue was $71.2 million.
For fiscal 2000, Plantronics anticipates earnings of $3.55 to $3.70 a share
on revenue of $300 million to $305 million.
Plantronics was expected to earn $3.79 a diluted share by a survey of three
First Call analysts.
The company earned $54.2 million, or $2.96 a diluted share - including a $1
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