Plantronics Inc. Q1 adjusted earnings of $0.74 per share

(RTTNews) - Plantronics Inc. (PLT) reported earnings for first quarter that decreased from the same period last year.

The company's earnings totaled $14.47 million, or $0.42 per share. This compares with $18.83 million, or $0.57 per share, in last year's first quarter.

Excluding items, Plantronics Inc. reported adjusted earnings of $24.78 million or $0.74 per share for the period.

The company's revenue for the quarter rose 8.5% to $221.31 million from $203.93 million last year.

Plantronics Inc. earnings at a glance:

-Earnings (Q1): $24.78 Mln. vs. $23.20 Mln. last year. -EPS (Q1): $0.74 vs. $0.70 last year. -Revenue (Q1): $221.31 Mln vs. $203.93 Mln last year.

-Guidance: Next quarter EPS guidance: $1.00 - $1.25 Next quarter revenue guidance: $500 - $530 Mln