Plantronics FY Q4 Beats Guidance On Revenue, Non-GAAP EPS

Plantronics (PLT) reported better-than-forecast results for its fiscal fourth quarter ended March 31.

For the quarter, the headset maker posted revenue of $162.3 million and non-GAAP profits of 53 cents a share; guidance had been for $150 million to $155 million and 40-44 cents.

For FY Q1, the company sees revenue of $160 million to $165 million and non-GAAP EPS of 46-50 cents, ahead of the Street consensus estimates of $160.3 million and 43 cents.

PLT in late trading is up $1.62, or 5%, to $33.99.