Latest Telepresence and Visual Collaboration News:
Just How Did Polycom Inc Grow Earnings by 28%?
Video-conferencing company Polycom Inc's (NASDAQ: PLCM ) first-quarter earnings were almost the stuff of a trivia question on a game show. Just how does a company report a 28% increase in non-GAAP EPS while its sales only rose 1%? The answer is obviously margin expansion.
Just how did Polycom do it? Moreover, what are the underlying themes in its trading performance? Let's take a closer look.
Polycom reports first-quarter earnings
Firstly, a look at how Polycom's headlined numbers matched up to the company's guidance.
In a nutshell, it's a similar story to the previous two earnings reports. In other words, Polycom is finding it difficult to generate meaningful revenue growth, but is managing to cut costs extensively. Indeed, as you can see in the table above, operating expenses came in lower than guidance, helping operating margin to come in significantly ahead of management's previous expectations.
Add New Comment
Telepresence Options welcomes your comments! You may comment using your name and email (which will not be displayed), or you may connect with your Twitter, Facebook, Google+, or DISQUS account.
See what happens when YouTube and TPO come together at the Telepresence Options YouTube Channel.