Plantronics (POLY) Earnings Report, Financial Results, Financial analysis

Plantronics Inc. narrowed first quarter of 2023 net loss per share of $-0.76 compare to net loss per share of $-0.88 recorded in the same quarter a year ago a decrease compare to $-0.65 realized in previous quarter.

*first quarter of 2023*
Earnings Per Share	Revenues
$ -0.76	$ 416 Mill
$+0.12	$-16M -3.62 %

Plantronics's Revenue fell by -3.62 % in first quarter of 2023 (Jul 02 2022) year on year, to $416 million and declined by -1.38 % sequentially.

Plantronics is Expected to report next financial results on August 10, 2023.

More on POLY's Income Statement

POLY's NET INCOME

Plantronics's in thefirst quarter of 2023 recorded net loss of $-33.087 million, an improvement compare to net loss of $-36.811 million in I. Quarter a year ago.

Sequentially net loss advanced

More on POLY's Growth

Plantronics Inventories
Inventories grew by 30.78 % to $245 million from I. Quarter a year ago, sequentially inventories rose by 4.74 %. In Jul 02 2022 company's net cash and cash equivalents decreased by $-28 million, capital expenditures fell by 17.85%, to $-7 millions compare to same quarter a year ago and rose by -21.11% from IV. Quarter (Apr 02 2022).

More on POLY's Cash flow Statement

Earnings quality

Plantronics Inc. does not pay out common stock dividend.

In trailing twelve-month period Plantronics Inc. payed $ -0.27 cash per share, on a free-cash flow basis .

Tangible Book value fell to $ -23.14 per share from $ -23.03.

Company repurchased 0.27 million shares or 0.62 % in Jul 02 2022.

• More on POLY's Dividends

Market Capitalization (Millions)	1,730
Shares Outstanding (Millions)	43
Total Debt (Millions $)	1,501
Revenue (TTM) (Millions $)	1,666
Net Income (TTM) (Millions $)	22
Cash Flow (TTM) (Millions $)	-54
Capital Exp. (TTM) (Millions $)	-31
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	6,172

Earnings quality

Plantronics Inc. does not pay out common stock dividend.

In trailing twelve-month period Plantronics Inc. had negative $ -0.27 cash flow per share, on a free-cash flow basis .

Tangible Book value fell to $ -23.14 per share from $ -23.03.

Company repurchased 0.27 million shares or 0.62 % in Jul 02 2022.

• More on POLY's Balance Sheets

Market Capitalization (Millions)	1,730
Shares Outstanding (Millions)	43
Total Debt (Millions $)	1,501
Revenue (TTM) (Millions $)	1,666
Net Income (TTM) (Millions $)	22
Cash Flow (TTM) (Millions $)	-54
Capital Exp. (TTM) (Millions $)	-31
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	6,172

Plantronics Inc.

POLY's Financial Statements and Analysis