1 Game-Changing Factor You Missed From Poly's Earnings

·3 min read
1 Game-Changing Factor You Missed From Poly's Earnings

Communications technology specialist Polycom (NYSE: PLT), recently rebranded as Poly (and formerly known as Plantronics), crushed Wall Street's targets in Thursday's fourth-quarter earnings report. If you're selling Poly in a guidance-based panic today, I think you missed a crucial section of this report. In Thursday's guidance update, Poly aimed for first-quarter revenue near $420 million and adjusted earnings in the neighborhood of $0.45 per share.