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Plantronics Inc   (PLT)
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    Sector  Technology    Industry Communications Equipment

Plantronics Inc 's

Competitiveness


 

PLT Sales vs. its Competitors Q1 2021



Comparing the results to its competitors, Plantronics Inc reported Total Revenue increase in the 1 quarter 2021 by 18.16 % year on year.
The revenue growth was below Plantronics Inc 's competitors average revenue growth of 42.04 %, recorded in the same quarter.

List of PLT Competitors

With net margin of 2.3 % company reported lower profitability than its competitors.

More on PLT Margin Comparisons



Revenue Growth Comparisons




Net Income Comparison


Plantronics Inc achieved net profit of $11 millions compare to net loss of $-678 millions recorded in same quarter a year ago.

<<  More on PLT Income Comparisons


Plantronics Inc 's Comment on Competitors and Industry Peers


The market for our products is competitive and some of our competitors have greater financial resources than we do, as well as more substantial production, marketing, engineering and other capabilities to develop, manufacture, market, and sell their products.

One of our primary competitors in the Enterprise market is GN Audio, a subsidiary of the GN Group, a Danish telecommunications conglomerate that competes with us in the Enterprise and Consumer markets and, to a lesser extent, in the gaming category. Other competitors in the Enterprise market include Sennheiser Communications, Logitech and regional companies who offer products for the computer, office and/or contact center. In addition, Apple, Bose, Logitech, LG, Motorola and Samsung are significant competitors in the consumer headset category. In addition, Turtle Beach, Logitech, and Razer are competitors in the gaming category.




  

Overall company Market Share Q1 2021

Despite strong revenue increase of 18.16 % in Overall company, Plantronics Inc lost market share, to approximate 0.44 %.





<<  More on PLT Market Share.
 

*Market share calculated with total revenue.


PLT's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Plantronics Inc 1,728 1,245 -57 4,003
Apple Inc 347,155 2,444,092 86,802 92,600
Canon Inc 28,638 24,696 869 194,151
Clearone Inc 30 49 1 151
Turtle Beach Corporation 418 552 51 135
Hp inc 57,667 37,225 3,234 0
International Business Machines Corporation 74,401 128,315 5,334 379,592
Kyocera Corp 13,537 20,233 1,045 75,940
Logitech International s a 5,252 18,693 947 0
Lexmark International Inc 0 0 0 12,700
SUBTOTAL 528,826 2,675,100 98,226 759,272


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