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Poly beats Q2 guidance with 20% sales growth, sees cash flow improving in H2

Friday 30 July 2021 | 13:04 CET | News
Poly reported results just ahead of its guidance for the fiscal first quarter to June. Revenues rose 20 percent year-on-year to USD 431 million, and adjusted EBITDA improved to USD 61 million from USD 48 million a year ago. Adjusted EPS nearly doubled, to USD 0.60 from USD 0.33, and was also better than expected, while the reported net loss halved to USD 37 million. 

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Categories: Fixed
Companies: Poly
Countries: World
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