Poly Announces Third Quarter Fiscal Year 2021 Financial Results
Delivers Strong Revenue and Profitability Driven by Record Professional Headset and Video Revenues as Long-Term Trends Toward Remote Work and Video Collaboration Accelerate
New Products, Partnerships, and Distribution Strategies Target Post-Pandemic Environment and Evolving Purchasing Patterns
Improved Operational Execution Drives Solid Operating Cash Flow
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SANTA CRUZ, Calif., Feb. 4, 2021 /PRNewswire/ Poly (NYSE: PLT), a global outfitter of professional-grade audio and video technology, today announced third quarter results for the period ended December 26, 2020.
Highlights for the third quarter include:
Poly posted record Professional Headset and Video revenues, with unit shipments more than doubling in each category year over year, reflecting the massive shift in the way work is done, where work is done, and the importance of reliable, high-fidelity con