Polycom revenues slide 9% in Q4

Wednesday 27 January 2016 | 10:14 CET | News
Polycom said revenues for its fourth quarter fell 9 percent from the year before to USD 316.8 million, with the 5 percent growth at UC Personal Devices unable to offset declines at the company's other divisions. Revenues went higher to USD 69.7 million at UC Personal Devices, dropped 14 percent to USD 188.1 million at UC Group Systems and declined 6 percent to USD 59.1 million at UC Platform. The adjusted net profit slid 4 percent to USD 32.1 million or USD 0.23 per diluted share while the reported net profit sank 29 percent to USD 14.5 million or USD 0.11 per diluted share.

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Categories: Fixed
Companies: Polycom
Countries: World
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