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920-352 | BCS 3000 Rls.1.0 Storage Networking Engineering

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Vendor Nortel
Exam Number 920-352
Exam Name BCS 3000 Rls.1.0 Storage Networking Engineering
Questions 60 Q & A
Recent Update August 14, 2018
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920-352 exam Dumps Source : BCS 3000 Rls.1.0 Storage Networking Engineering

Test Code : 920-352
Test Name : BCS 3000 Rls.1.0 Storage Networking Engineering
Vendor Name : Nortel
Q&A : 60 Real Questions

Nortel BCS 3000 Rls.1.0

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Video Conferencing Leaders Video guidance and BCS world Merge to enhance global Cloud functions | killexams.com Real Questions and Pass4sure dumps

BLOOMINGTON, Minn.--(enterprise WIRE)--Video tips, one of the crucial nation’s premier video conferencing agencies, today announced it has merged with London-based BCS world Networks, Inc. the new company combines the revenue and operations of two totally regarded leaders in visual communications, creating a formidable global commercial enterprise that hyperlinks BCS global’s capabilities in Europe and Asia with Video counsel’s in North the usa. Video counsel will become a wholly owned subsidiary of BCS and will keep the revered Video counsel name and manufacturer in the U.S.

BCS international identified and sought Video tips to enrich its product and service offerings, and to enhance stronger revenue and operations in North america. extra importantly, the mixture of the two visionary firms presents international, cloud-based conferencing that addresses the business’s most evident needs.

“Video information shares our mission of bringing visible communications to each boardroom, laptop and cellular gadget, and to make visible collaboration a simple-to-use enterprise productiveness tool for any commercial enterprise across the globe,” noted Clive Sawkins, who will proceed to serve as CEO of the merged business, BCS international. “Video information truthfully matches our revenue, operations and subculture like a glove. This aggregate will help us prolong our geographic attain into america, whereas bringing new, ever-changing applied sciences to a global market.”

industry veteran Michael Werch, president and CEO of Video guidance will proceed to lead the income and operations in North the us, bringing steadiness and consistency to an exploding company sector.

”nowadays’s applied sciences have introduced impossible changes to our subculture, and the variety of communique options attainable on almost any variety of device is becoming exponentially,” stated Werch. “Video conferencing has revolutionized the style americans join and subsequently, companies and agencies are making visible communications a strategic priority. This merger strengthens our North the us footprint and provides Video advice a committed international network and facts facilities to proceed to place and develop our cloud-carrier offering.”

BCS international and Video suggestions are every 15-year-historical companies that have been exclusively dedicated to video conferencing. With skilled and eager business knowledge, they also have efficaciously weathered the ever-changing landscape by means of perpetually moving and providing the most effective-in-breed products and functions.

each groups boast inventive videoconferencing and telepresence solutions that allow real-time, prosperous interactive audio, video and net collaboration, permitting participants to connect seamlessly from their cell devices, pcs, domestic workplaces, boardrooms or telepresence suites. BCS world owns a fully deployed international B2B Video change, which allows for clients across the world to meet immediately despite their video gadget, network issuer or type of connection. in a similar way, Video counsel’s cloud-based mostly initiative unites up to now incompatible audio, video and web applied sciences. according to Acano’s one-of-a-kind technology, the service offers Acano’s entertaining elements and services nationwide in Video assistance’s VG join™/ MeetingSpace and WorkSpace offerings.

“here is an exhilarating merger that mixes two organisations with confirmed talents in each hosted and managed functions for video conferencing and collaboration,” pointed out Andrew W. Davis, senior associate at Wainhouse research LLC. “while Video assistance and BCS international have an identical heritage and vision, they've very distinctive geographic footprints and distinct go-to-market suggestions that give the underpinnings for synergy. The promise here is to mix the direct-to-client competencies of Video counsel with the international channel management program of BCS international. The merger gives the brand new business extra scale to handle the needs of each world companies in addition to SMBs.”

As crucial as the items and capabilities each businesses provide, BCS global and Video assistance take colossal delight of their unmatched, white glove service that presents a single factor of contact with licensed video technicians who schedule, provoke and manipulate successful, conclusion-to-conclusion conferences. This high-contact method ensures satisfactory and reliability on every name via eliminating the guesswork and barriers that corporations face when coordinating video meetings.

“Of direction, all organizations claim to have great consumer carrier,” talked about Sawkins. “but considered one of our properly priorities and one of the vital key explanations we selected Video information is as a result of the reputation they have earned offering arms-on practicing and bend-over-backwards, 24/7 provider. It cannot be overstated how paramount here's to our new enterprise and to our valued clientele world wide.” Video tips’s user Adoption program is lauded as unique to the trade.

“The industry needs proper world cloud service choices like this,” said Larry Satterfield, Acano's world vice president of income. "the new business can now take Video suggestions’s VG connect provider international on the BCS international network. this may circulate the business forward."

The mixed enterprise will have more than a hundred and fifteen employees in workplaces all the way through North the united states, UK, Europe and Asia.

About BCS world NetworksBCS world Networks (www.bcsglobal.com) is a number one international provider of managed videoconferencing, telepresence and visible collaboration features. Privately held and headquartered in Berkshire, UK with workplaces in new york, Toronto, Shanghai and Hong Kong, BCS global offers complete managed video features and a 24x7 international live video and audio aid-desk support to its purchasers across the globe. In 2013, BCS international turned into one of the vital 50 quickest-growing to be technology businesses within the UK by means of Deloitte know-how speedy 50, and one of the most 500 fastest-growing technology groups in EMEA by means of Deloitte expertise quick 500.

About Video GuidanceFounded in 1999, Video suggestions (www.videoguidance.com) is an impartial, strategic visual communications enterprise that customizes state-of-the-paintings items, capabilities and solutions from the area’s premiere producers. Privately held and headquartered in Bloomington, Minn., Video guidance is a licensed accomplice of Acano, Cisco, Polycom, LifeSize and Pexip, and continues strategic alliances with Arkadin, On flow Media enterprise and SynergySky. For six consecutive years, Video guidance has been named to the "Inc. 5,000" listing of the nation's quickest starting to be deepest companies; probably the most right privately held groups in Minnesota; one of the properly 150 telecommunications companies in the nation; and one of the "50 fastest becoming Privately Held agencies" in the Twin Cities by The company Journal.

company Principals:

Michael WerchMichael Werch is the president and CEO of Video tips, Inc. As an trade visionary with over two decades of skills, Werch has proven himself to be certainly one of Minnesota’s telecommunications leaders. He situated Video guidance in 1999 and has been ecocnomic every year considering the fact that inception.

Werch has an miraculous track list of offering high pleasant products and motivating robust revenue teams, all whereas establishing revered client relationships. all through the business’s five-12 months transition from hardware-centric services to a cloud-functions mannequin, Werch accelerated VG join Conferencing provider’s revenues fifty six %. He also led the enterprise’s OneCall managed provider renewal score of 89 % (greater than double the business standard) and OneCall’s salary increase of seventy nine % over the last five years. moreover, Werch oversaw Video advice’s 2013 partner earnings growth of 127 percent and 2013 internet earnings growth of one hundred fifteen percent.

in advance of founding Video tips, he turned into the countrywide video conferencing revenue director at Acoustic Communications, Inc., the place he become accountable for the direction and management of the company's earnings drive. Werch additionally held right level income and administration positions for Norstan and sprint.

Werch graduated from the tuition of Wisconsin-Stevens aspect with a Bachelor of Science diploma in business management and Economics. He serves on the board of directors of Florida-based mostly Prevention Plus health and helps a large number of enviornment nonprofit and civic agencies.

Clive SawkinsClive Sawkins is the CEO of London-primarily based BCS international Networks, Inc., a cloud-based mostly video and collaboration options issuer. With wide competencies in know-how and corporate strategy, Sawkins is diagnosed as an trade leader in unified communications, video networks, collaboration and digital media. He become instrumental in assisting the business grow its salary as well as transition from direct income to a channel earnings enterprise mannequin. As CEO, he oversaw BCS growth 25 % each year for 5 years, and in 2010, he grew BCS’s revenues167 percent.

constructing a new Go-to-Market model focused on world tier-two carrier providers, Sawkins signed partnerships with Shanghai Telecom, SingTel, Cable & wireless, Telstra Europe and Lime Telecom. focused on colossal commercial enterprise and executive purposes, BCS manages one of the crucial largest managed provider government contracts within the UK for a incredibly built-in video solution with over 3,000 endpoints.

Sawkins held senior administration and leadership roles with Cisco, Avaya & Nortel and drove four new start-up technology units and turning them into multi-million dollar groups. Sawkins serves on the board of OVCC-united states of america and as a Non Exec to Mirage technology Holdings. He changed into a finalist for sDeloitte quickly track 50; one Sunday times Tech track a hundred; and became a 2011 finalist for the Ernst & young Entrepreneur of the 12 months.

For additional guidance on BCS global, visit www.bcsglobal.com or connect with BCS global on YouTube, LinkedIn and Twitter.

Video Conferencing chief BCS international Acquires U.S.-primarily based Video counsel to raise global Cloud functions | killexams.com Real Questions and Pass4sure dumps

LONDON, uk--(Marketwired - Dec 10, 2014) - London-based mostly BCS international Networks Ltd. these days announced that it has acquired Video counsel, one among america's premier video conferencing corporations. the brand new business combines the sales and operations of two enormously regarded leaders in visual communications, making a bold world enterprise that links BCS international's capabilities in Europe, Canada and Asia with Video counsel's in North the united states. Video information will become a wholly owned subsidiary of BCS global and will retain the respected Video information name and brand in the U.S.

BCS international identified and sought Video tips to enhance its product and service offerings, and to strengthen enhanced sales and operations in North the us. more importantly, the mixture of both visionary businesses presents worldwide, cloud-based mostly conferencing that addresses the industry's most glaring wants.

"Video suggestions shares our mission of bringing visual communications to every boardroom, computing device and cell equipment, and to make visual collaboration a simple-to-use company productivity tool for any enterprise across the globe," referred to Clive Sawkins, who will proceed to serve as CEO of the merged business, BCS global. "Video advice unquestionably fits our revenue, operations and subculture like a glove. This combination will aid us lengthen our geographic reach into america, while bringing new, ever-altering applied sciences to a worldwide industry."

Michael Werch, president and CEO of Video counsel will proceed to lead the earnings and operations in North the united states, bringing stability and consistency to an exploding company sector.

"modern-day applied sciences have brought unattainable adjustments to our culture, and the variety of verbal exchange options accessible on practically any sort of machine is transforming into exponentially," spoke of Werch. "Video conferencing has revolutionized the way americans connect and as a result, businesses and companies are making visible communications a strategic priority. This merger strengthens our North america footprint and gives Video assistance a committed worldwide community administration and operational techniques to proceed to place and develop our cloud-provider providing."

BCS global and Video tips are each 15-12 months-old organizations that have been completely committed to video conferencing. With skilled and keen trade information, they also have correctly weathered the ever-altering landscape with the aid of continuously moving and offering the most reliable-in-breed products and functions.

each businesses boast creative videoconferencing and telepresence options that allow real-time, wealthy interactive audio, video and net collaboration, enabling members to join seamlessly from their cellular gadgets, pcs, home offices, boardrooms or telepresence suites. BCS world owns a totally deployed international B2B Video alternate, which makes it possible for clients across the world to fulfill instantaneously in spite of their video system, network company or category of connection. similarly, Video tips's cloud-based initiative unites in the past incompatible audio, video and internet applied sciences. based on Acano's one-of-a-type technology, the service presents Acano's exciting features and features nationwide in Video suggestions's VG connect™/ MeetingSpace and WorkSpace offerings. 

"here's an exhilarating merger that combines two organisations with proven capabilities in each hosted and managed functions for video conferencing and collaboration," mentioned Andrew W. Davis, senior associate at Wainhouse analysis LLC. "while Video advice and BCS global have the same heritage and vision, they have got very different geographic footprints and different go-to-market concepts that give the underpinnings for synergy. The promise right here is to mix the direct-to-consumer skills of Video assistance with the international channel management software of BCS global. The merger gives the new enterprise additional scale to address the wants of both world enterprises as well as SMBs."

As crucial as the products and functions both businesses deliver, BCS international and Video tips take tremendous delight in their unmatched, white glove provider that offers a single point of contact with certified video technicians who time table, initiate and manage successful, conclusion-to-end conferences. This excessive-touch strategy ensures exceptional and reliability on every call via putting off the guesswork and boundaries that agencies face when coordinating video conferences.

Story Continues

"Of direction, all organizations declare to have first-rate client carrier," spoke of Sawkins. "however one of our excellent priorities and some of the key factors we chosen Video information is because of the attractiveness they have got earned featuring fingers-on practicing and bend-over-backwards, 24/7 service. It can't be overstated how paramount here is to our new enterprise and to our shoppers around the globe." Video information's user Adoption program is lauded as exciting to the trade.

"We work with BCS global to bring public and personal cloud video options, and we are very excited about this acquisition," spoke of Gary Testa, vice president of provider suppliers for Polycom, Inc. "This new commercial enterprise will boost its global reach and lengthen its solution birth capability. BCS international and Video suggestions are two market leaders within the field of cloud video options prevalent for terrific beginning and consumer carrier skill in a fast altering market."

The mixed business will have greater than one hundred fifteen personnel in offices all through North america, UK, Europe and Asia.

About BCS world Networks BCS world Networks (www.bcsglobal.com) is a leading international provider of managed videoconferencing, telepresence and visible collaboration functions. Privately held and headquartered in Berkshire UK with offices in big apple, Toronto, Shanghai and Hong Kong, BCS international gives finished managed video features and a 24x7 world live video and audio support-desk aid to its consumers throughout the globe. In 2013, BCS international changed into one of the most 50 quickest-growing technology companies in the UK by way of Deloitte know-how quick 50, and one of the vital 500 fastest-growing to be know-how companies in EMEA with the aid of Deloitte expertise fast 500.

About Video advice  centered in 1999, Video suggestions (www.videoguidance.com) is an unbiased, strategic visible communications business that customizes state-of-the-artwork items, capabilities and options from the realm's top of the line producers. Privately held and headquartered in Bloomington, Minn. Video assistance is a certified associate of Acano, Cisco, Polycom, LifeSize and Pexip, and keeps strategic alliances with Arkadin, On flow Media service provider and SynergySky. For six consecutive years, Video tips has been named to the "Inc. 5,000" list of the nation's fastest starting to be private businesses; one of the vital suitable privately held corporations in Minnesota; one of the properly 150 telecommunications agencies in the nation; and some of the "50 quickest growing Privately Held agencies" within the Twin Cities by means of The enterprise Journal. 

business Principals: Michael Werch Michael Werch is the president and CEO of Video suggestions, Inc. With over twenty years of business adventure, Werch has proven himself to be certainly one of Minnesota's telecommunications leaders. He headquartered Video information in 1999 and has been profitable each year in view that inception.

Werch has an wonderful song list of offering excessive best items and motivating effective sales groups, all whereas developing revered client relationships. throughout the business's 5-yr transition from hardware-centric functions to a cloud-features mannequin, Werch improved VG join Conferencing carrier's revenues fifty six %. He also led the business's OneCall managed carrier renewal ranking of 89 p.c (greater than double the business standard of forty p.c) and OneCall's profits boom of 79 % over the final five years. in addition, Werch oversaw Video assistance's 2013 associate earnings growth of 127 p.c and 2013 web profits growth of a hundred and fifteen percent.

just before founding Video assistance, he turned into the country wide video conferencing income director at Acoustic Communications, Inc., where he turned into responsible for the course and management of the enterprise's sales drive. Werch also held accurate level income and management positions for Norstan and dash. 

Werch graduated from the school of Wisconsin-Stevens factor with a Bachelor of Science diploma in company administration and Economics. He serves on the board of administrators of Florida-primarily based Prevention Plus well being and helps numerous enviornment nonprofit and civic corporations.

Clive Sawkins Clive Sawkins is the CEO of London-based mostly BCS global Networks, Ltd., a cloud-based mostly video and collaboration solutions issuer. 

With huge expertise in technology and corporate strategy, Sawkins is recognized as an business leader in unified communications, video networks, collaboration and digital media. He turned into instrumental in assisting the company develop its income as well as transition from a direct sales to a channel sales enterprise model. As CEO, he as pushed BCS growth 25 p.c every 12 months for 5 years, and in 2010, he grew BCS's revenues167 %.

constructing a brand new Go-to-Market model focused on international tier-two provider providers, Sawkins signed partnerships with Shanghai Telecom, SingTel, Cable & wireless, Telstra Europe and Lime Telecom. focused on big business and government purposes, BCS global landed some of the biggest managed service govt contracts in the UK for a tremendously built-in video solution with over 3,000 endpoints.

Sawkins has held senior management and leadership roles with Cisco, Avaya & Nortel and drove four new delivery-up expertise gadgets and turning them into multi-million greenback agencies.

Sawkins serves on the board of OVCC-usa and Non Exec Mirage technology Holdings. He changed into a finalist for Deloitte quick track 50; Sunday times Tech track one hundred; and become a 2011 finalist for the Ernst & young Entrepreneur of the 12 months.

For further suggestions on BCS international, please discuss with www.bcsglobal.com or connect with BCS world on YouTube, LinkedIn and Twitter.

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Plantronics pronounces Third Quarter Fiscal year 2016 monetary consequences | killexams.com real questions and Pass4sure dumps

SANTA CRUZ, CA --(Marketwired - February 01, 2016) -  February 1, 2016 - Plantronics, Inc. ( PLT ) today announced third quarter fiscal yr 2016 monetary consequences. Highlights of the third quarter include the following (comparisons are in opposition t the third quarter of fiscal 12 months 2015):

  • net revenues had been $225.7 million compared with $231.8 million, and inside our assistance of $225 million to $235 million
  • constant foreign money income grew with the aid of 1%, from $231.eight to $232.9 
  • GAAP gross margin was 48.5% compared with 51.7%
  • Non-GAAP gross margin turned into 48.9% in comparison with fifty two.0%
  • GAAP operating salary became $26.6 million in comparison with $40.6 million
  • Non-GAAP working profits was $forty two.9 million compared with $forty eight.1 million
  • constant currency Non-GAAP operating income turned into $45.7 million in comparison with $forty eight.1 million
  • GAAP diluted profits per share ("EPS") turned into $0.forty nine in comparison with $0.seventy one, and beneath our assistance of $0.fifty two to $0.62
  • Non-GAAP diluted EPS turned into $0.83 in comparison with $0.79, and above our information of $0.seventy one to $0.eighty one
  • steady currency Non-GAAP EPS became $0.ninety in comparison with $0.seventy nine
  •   Q3 Fiscal yr 2016 GAAP consequences       Q3 2015   Q3 2016   trade (%)   internet revenues   $ 231.8   million   $ 225.7   million   (2.6 )% operating income   $ 40.6   million   $ 26.6   million   (34.4 )%   working margin     17.5 %       eleven.eight %         Diluted EPS   $ 0.71       $ 0.forty nine       (31.0 )%                               Q3 Fiscal 12 months 2016 Non-GAAP results       Q3 2015   Q3 2016   trade (%)   operating revenue   $ forty eight.1   million   $ 42.9   million   (10.9 )%   operating margin     20.eight %       19.0 %         Diluted EPS   $ 0.seventy nine       $ 0.eighty three       5.1 %                            

    A reconciliation between our GAAP and non-GAAP consequences is supplied in the tables at the end of this press unencumber.

    "We consider our opportunities for boom, our execution on our strategic initiatives and our competitive place stay mind-blowing," mentioned Ken Kannappan, President & CEO. "Our operating margins proceed to be vastly impacted via international alternate movements and a sharp decline in the mono Bluetooth® headset class; we agree with a sequence of restructuring actions announced today will offset a element of the foreign money impact, streamline international operations and improve profitability in fiscal 2017."

    "As part of our commitment to correctly manage the profitability of the enterprise, ultra-modern announced headcount reduction and rate discount will more desirable align our investments and price constitution with the latest economic ambiance and put us in a much better position to achieve our long term ambitions," mentioned Pam Strayer, Senior vp and Chief fiscal Officer. 

    business net revenues were down a bit of to $158.3 million in the third quarter of fiscal yr 2016 compared with $161.6 million in the third quarter of fiscal 12 months 2015. On a continuing currency basis, business internet revenues grew through 1% from $161.6 million to $163.0 million yr over 12 months.

    customer net revenues have been $67.5 million in the third quarter of fiscal yr 2016, down from $70.2 million in the third quarter of fiscal year 2015, due basically to a decline in mono Bluetooth headset demand. On a continuing foreign money basis, purchaser revenues declined a bit from $70.2 million to $sixty nine.9 million 12 months over year.

    Restructuring costs

    during the third quarter of fiscal year 2016 we initiated a restructuring plan to more desirable align expenses to our profits and gross margin profile and position us for more desirable operating performance. under that plan, we decreased costs via voluntary and involuntary elimination of definite positions all the way through the corporation within the U.S., Mexico, China and Europe. 

    The restructuring movements will influence in pre-tax charges of approximately $12.6 million, inclusive of about $eight.4 million for severance and linked benefits recorded throughout the third quarter of fiscal year 2016, and approximately $5.8 million to be identified in the fourth quarter concerning a one-time incentive under our existing retirement software. These charges are anticipated to be offset by using a reduction in our fiscal 12 months 2016 stock-based mostly compensation expense of approximately $1.6 million as a result of stock award forfeitures due to the restructuring motion. Projected web annual rate reductions from the restructuring activities are anticipated to be approximately $15 million to $sixteen million in fiscal yr 2017.

    Repurchase Authorization

    We announced our board of directors has authorized a new 1 million share repurchase authorization because it procedures the completion of its current repurchase authorization announced in can also 2015.

    Plantronics proclaims Quarterly Dividend of $0.15

    we are additionally saying that we now have declared a quarterly dividend of $0.15 per common share, to be paid on March 10, 2016 to all shareholders of listing as of the shut of enterprise on February 19, 2016.

    business Outlook

    the following statements are according to our existing expectations and a lot of of those statements are forward-searching. genuine outcomes are area to plenty of risks and uncertainties and can fluctuate materially from our expectations.

    we've a "booklet and ship" business mannequin whereby we fulfill the vast majority of orders bought inside forty eight hours of receipt of those orders. however, our backlog is once in a while field to cancellation or rescheduling via our customers on brief observe with little or no penalty. hence, there's an absence of significant correlation between backlog on the conclusion of a fiscal length and web revenues in a succeeding fiscal duration.

    Our business is inherently intricate to forecast, especially with continuing uncertainty in regional economic situations and currency fluctuations, and there will also be no assurance that expectations of incoming orders over the balance of the latest quarter will materialize.

    Story Continues

    discipline to the foregoing, we at the moment predict the following range of monetary effects for the fourth quarter of fiscal yr 2016:

  • net revenues of $200 million to $210 million;
  • GAAP operating income of $16 million to $21 million;
  • Non-GAAP working income of $30 million to $35 million, apart from the influence of $eight million from stock-based mostly compensation and buy accounting amortization and $6 million in restructuring prices from GAAP working salary;
  • Assuming about 33 million diluted ordinary weighted shares incredible:
  • GAAP diluted EPS of $0.21 to $0.31;
  • Non-GAAP diluted EPS of $0.50 to $0.60; and
  • cost of stock-based compensation and purchase accounting amortization to be approximately $0.18 per diluted share;
  • cost of restructuring software to be about $0.11 per diluted share
  • Please see our up-to-date Investor relations Presentation obtainable on our company web page at www.plantronics.com/ir .

    conference call and ready Remarks

    Plantronics is offering a copy of organized remarks in mixture with its press unlock. These remarks are offered to deliver shareholders and analysts with further time and aspect for analyzing consequences in enhance of the business's quarterly convention call. The remarks may be purchasable in the Investor members of the family element of the Plantronics web page at the side of the clicking liberate.

    we've scheduled a conference call to focus on third quarter fiscal 2016 financial outcomes. The conference name will take vicinity today, February 1st, at 2:00 PM (Pacific Time). All fascinated buyers and abilities investors in our inventory are invited to participate. To take heed to the name, please dial in five to ten minutes ahead of the scheduled beginning time and discuss with the "Plantronics conference name." The dial-in from North america is (888) 301-8736 and the foreign dial-in is (706) 634-7260.

    A replay of the name with the convention identity # 4559879 will be obtainable except March 1, 2016 at (855) 859-2056 or (800) 585-8367 for callers from North the usa and at (404) 537-3406 for all other callers. The convention call will even be concurrently webcast within the Investor family members element of our corporate web site at www.plantronics.com/ir , and the webcast of the conference name will stay available on our website for one month. A reconciliation between our GAAP and non-GAAP consequences is equipped within the tables on the end of this press liberate.

    Use of Non-GAAP fiscal information

    To complement our condensed consolidated fiscal statements presented on a GAAP groundwork, we use non-GAAP measures of working effects, including non-GAAP working earnings, non-GAAP web earnings and non-GAAP diluted EPS which exclude certain non-money prices and costs that are covered within the most without delay similar GAAP measure. These non-cash costs and fees encompass inventory-based mostly compensation related to stock options, limited stock and worker stock purchases made beneath our worker inventory buy plan, buy accounting amortization, accelerated depreciation, and early rent termination fees, all internet of the associated tax impact, tax advantages from the liberate of tax reserves, switch pricing, tax deduction and tax credit score changes, and the affect of tax law alterations. We exclude these costs from our non-GAAP measures primarily because Plantronics' management doesn't consider they are part of our target working model. We believe that the use of non-GAAP financial measures gives meaningful supplemental assistance related to our efficiency and liquidity and helps investors evaluate genuine results with our long-term goal operating mannequin desires. We trust that each administration and investors advantage from relating to these non-GAAP financial measures in assessing our performance and when planning, forecasting and examining future durations; however, non-GAAP monetary measures aren't meant to be regarded in isolation or as an alternative choice to, or sophisticated to, gross margin, working earnings, operating margin, net revenue or EPS prepared in line with GAAP.

    As an organization with large global operations and income, fluctuations in foreign forex change quotes can also have a material impact on our suggested results. due to this fact, we additionally present supplemental metrics as recognized within the reconciliation within this release "on a relentless foreign money basis" which excludes the impact of forex trade rate fluctuations. The regular foreign money presentation, which is a non-GAAP measure, is intended to supplement our suggested working effects and, when regarded along side the corresponding GAAP measures, facilitate a better knowing of adjustments in the metrics from period to period and the core operations of the business. We calculate regular foreign money percentages by means of disposing of any hedge gains or losses from the particular metric in the current duration and then converting our latest length local forex economic effects the usage of the foreign currency exchange rates in impact all the way through the prior 12 months duration and comparing these adjusted quantities to the corresponding current duration metric.

    secure Harbor

    This liberate contains forward-searching statements within the that means of section 27A of the Securities Act of 1933, as amended, and part 21E of the Securities exchange Act of 1934, as amended, together with statements regarding (i) our alternatives for boom and execution on our strategic initiatives, our aggressive position, (ii) the have an impact on of our restructuring activities and the alignment of our investments and value constitution for the current financial ambiance and success of long run aims; (iii) resulting pre-tax restructuring charges of about $12.6 million, approximately $5.eight million of which can be in connection with a one-time incentive beneath an existing early retirement program within the fourth fiscal quarter of 2016 and a discount of inventory primarily based compensation of about $1.6 million in fiscal 12 months 2016; (iv) projected annual reductions from the restructuring actions of about $15 million to $16 million in fiscal yr 2017; (v) estimates of GAAP and non-GAAP monetary effects for the fourth quarter of fiscal 12 months 2016, together with internet revenues, operating earnings and diluted EPS; (vi) our estimates of inventory-based compensation and buy accounting amortization and other related expenses, as smartly because the impact of those non-cash expenses on Non-GAAP working profits and diluted EPS for the fourth quarter of fiscal yr 2016; and (vii) our estimate of weighted typical shares extraordinary for the fourth quarter of fiscal year 2016, moreover different concerns mentioned in this press unlock that aren't simply historic data. We do not count on any obligation to update or revise this sort of forward-looking statements, no matter if because the outcomes of latest trends or otherwise.

    ahead-looking statements contain dangers and uncertainties that may cause specific consequences to vary materially from those reflected by such statements. among the components that may cause genuine outcomes to differ materially from these reflected are:

  • Micro and macro-financial conditions in our home and overseas markets;
  • our ability to know and obtain superb monetary effects projected to come up from UC adoption may well be adversely affected by a lot of components together with right here: (i) as UC becomes more broadly adopted, the chance that competitors will offer options that will readily commoditize our headsets which, in flip, will in the reduction of the revenue expenditures for our headsets; (ii) our plans are based upon adoption of our UC solution by way of important platform providers and strategic companions corresponding to Microsoft organisation, Cisco methods, Inc., Avaya, Inc., and Alcatel-Lucent, and our have an impact on over such providers with recognize to the performance of their platforms or their product choices, their rate of deployment, and their willingness to integrate their structures and product offerings with our solutions is limited; (iii) delays or barriers on our capability to well timed introduce options that are cost effective, function-rich, reliable, and engaging to our customers within forecasted building budgets; (iv) our successful implementation and execution of latest and different processes involving the design, development, and manufacturing of advanced digital methods composed of hardware, firmware, and application that works seamlessly and continually in a large choice of environments and with distinctive instruments; (v) our revenue mannequin and talents have to successfully evolve to support complex integration of hardware and software with UC infrastructure consistent with changing customer paying for expectations; (vi) as UC turns into more greatly adopted we expect that competitors for market share will increase, specifically considering the fact that some rivals can also have advanced technical and economic elements; (vii) UC solutions often, or our options in selected, may additionally no longer be adopted with the breadth and pace within the industry that we at present count on; (viii) revenue cycles for extra complicated UC deployments are longer as compared to our traditional commercial enterprise items; (ix) UC can also evolve all of a sudden and unpredictably and our lack of ability to timely and cost-with no trouble adapt to those alterations and future necessities might also have an effect on our profitability during this market and our standard margins; and (x) our failure to extend our technical help capabilities to support the advanced and proprietary platforms by which our UC products are and should be integrated;
  • failure to match production to demand given lengthy lead times and the problem of forecasting unit volumes and acquiring the element components and substances to meet demand with no need excess stock or incurring cancellation costs;
  • volatility in prices from our suppliers, including our producers observed in China, have in the past and could in the future negatively affect our profitability and/or market share;
  • fluctuations in international exchange prices;
  • with recognize to our inventory repurchase software, prevailing inventory market circumstances generally, and the fee of our stock particularly;
  • the chapter or financial weakness of distributors or key customers, or the bankruptcy of or reduction in capability of our key suppliers;
  • additional chance factors including: interruption within the give of sole-sourced essential accessories, continuity of component supply at expenses consistent with our plans, and the inherent hazards of our enormous overseas operations; and
  • seasonality in a single or greater of our product categories.
  • For greater suggestions concerning these and other feasible dangers, please discuss with our Annual document on kind 10-k filed with the Securities and trade fee on might also 15, 2015 and different filings with the Securities and exchange fee, as well as recent press releases. The Securities and alternate commission filings will also be accessed over the internet at http://www.sec.gov/edgar/searchedgar/companysearch.html

    economic Summaries

    the following related charts are supplied:

  • abstract Unaudited Condensed Consolidated fiscal Statements
  • Unaudited Reconciliations of GAAP Measures to Non-GAAP Measures
  • abstract of Unaudited Reconciliations of GAAP Measures to Non-GAAP Measures and other Unaudited GAAP information
  • About Plantronics

    Plantronics is a world leader in audio communications for companies and consumers. we have pioneered new trends in audio technology for over 50 years, developing ingenious products that permit individuals to with ease communicate . From Unified communication options to Bluetooth headsets, we deliver uncompromising best, a terrific event, and marvelous service. Plantronics is used by every business in the Fortune 100, in addition to 911 dispatch, air site visitors manage and the new york inventory trade. For greater information, please talk over with www.plantronics.com or name (800) 544-4660.

    Plantronics is a registered trademark of Plantronics, Inc. The Bluetooth name and the Bluetooth logos are owned with the aid of Bluetooth SIG, Inc. and are used with the aid of Plantronics, Inc. under license. All other logos are the property of their respective house owners.

    PLANTRONICS, INC. / 345 Encinal road / P.O. field 1802 / Santa Cruz, California 95061-1802831-426-6060 / Fax 831-426-6098

                              PLANTRONICS, INC.   summary CONDENSED CONSOLIDATED financial STATEMENTS   ($ in hundreds, except per share information)                   UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS                                 Three Months Ended     nine Months Ended       December 31,     December 31,       2014     2015     2014     2015   internet revenues   $ 231,781     $ 225,735     $ 664,248     $ 647,one hundred ten   charge of revenues     111,865       116,219       311,795       319,266   Gross profit     119,916       109,516       352,453       327,844     Gross profit %     fifty one.7 %     forty eight.5 %     53.1 %     50.7 %                                   research, construction and engineering     22,991       20,811       sixty nine,280       66,614   promoting, widely wide-spread and administrative     57,977       53,715       174,756       163,689   profit from litigation settlements     (1,666 )     (ninety one )     (7,816 )     (998 ) Restructuring and other connected charges     -       8,433       -       eight,433     complete operating expenses     seventy nine,302       82,868       236,220       237,738       operating salary     forty,614       26,648       116,233       ninety,106       operating profits %     17.5 %     eleven.8 %     17.5 %     13.9 %                                   interest cost     (59 )     (7,217 )     (209 )     (17,278 ) different non-operating earnings and (expense), internet     (1,959 )     398       (1,474 )     (2,025 ) income earlier than profits taxes     38,596       19,829       114,550       70,803   profits tax expense     8,212       three,541       28,073       15,391         web earnings   $ 30,384     $ 16,288     $ 86,477     $ fifty five,412                                           % of internet revenues     13.1 %     7.2 %     13.0 %     8.6 %                                   income per common share:                                   simple   $ 0.73     $ 0.50     $ 2.07     $ 1.60     Diluted   $ 0.seventy one     $ 0.forty nine     $ 2.03     $ 1.56                                     Shares utilized in computing profits per ordinary share:                                   basic     41,901       32,579       41,780       34,723     Diluted     42,seven hundred       33,259       42,674       35,588                                     beneficial tax expense     21.3 %     17.9 %     24.5 %     21.7 %                                                                                 PLANTRONICS, INC.   summary CONDENSED CONSOLIDATED economic STATEMENTS   ($ in thousands)       UNAUDITED CONSOLIDATED steadiness SHEETS       March 31,   December 31,       2015   2015   belongings                 cash and cash equivalents   $ 276,850   $ 219,091     brief-term investments     97,859     166,257       total cash, cash equivalents and brief-time period investments     374,709     385,348     money owed receivable, web     136,581     136,402     stock, internet     fifty six,676     55,650     Deferred tax property     6,564     6,548     other current assets     28,124     28,403         total current belongings     602,654     612,351     long-time period investments     107,590     135,164     Property, plant and device, net     139,413     145,349     Goodwill and purchased intangibles, internet     sixteen,077     15,890     different belongings     10,308     eight,767         complete assets   $ 876,042   $ 917,521   LIABILITIES AND STOCKHOLDERS' equity                 money owed payable   $ 32,781   $ 39,738     amassed liabilities     sixty two,041     sixty three,161       total latest liabilities     ninety four,822     102,899     lengthy-term debt, internet of issuance expenses     -     489,246     lengthy-time period revenue taxes payable     12,984     12,219     Revolving line of credit     34,500     -     other lengthy-time period liabilities     6,339     9,730         total liabilities     148,645     614,094     Stockholders' fairness     727,397     303,427         total liabilities and stockholders' fairness   $ 876,042   $ 917,521                                                   PLANTRONICS, INC.   summary CONDENSED CONSOLIDATED fiscal STATEMENTS   ($ in hundreds, except per share statistics)                   UNAUDITED CONSOLIDATED STATEMENTS OF cash FLOWS                                 Three Months Ended     nine Months Ended       December 31,     December 31,       2014     2015     2014     2015   money flows from operating activities                                   internet income   $ 30,384     $ 16,288     $ 86,477     $ 55,412     alterations to reconcile net income to internet cash supplied by means of working activities:                                     Depreciation and amortization     4,887       5,019       13,975       14,838       Amortization of debt issuance can charge     -       362       -       845       stock-based compensation     7,430       7,717       21,122       24,599       extra tax improvement from inventory-based mostly compensation     (1,304 )     (a hundred and fifty )     (2,988 )     (3,300 )     Deferred revenue taxes     (one hundred fifteen )     (622 )     1,654       2,185       Provision for extra and out of date inventories     427       235       992       1,319       Non-cash restructuring fees     -       eight,433       -       eight,433       other operating activities     1,588       2,859       484       5,896     changes in belongings and liabilities:                                     money owed receivable, net     (16,847 )     4,104       (18,479 )     1,279       stock, web     4,199       1,814       (920 )     (352 )     existing and other belongings     (1,749 )     1,926       (4,680 )     (264 )     debts payable     (5,763 )     (3,272 )     2,395       5,744       gathered liabilities     11,235       (4,512 )     3,464       (three,841 )     profits taxes     (6,027 )     (2,626 )     (3,120 )     (eight,770 )         cash supplied by means of operating actions     28,345       37,575       one hundred,376       104,023                                     cash flows from investing activities                                   Proceeds from sale of investments     fifty one,613       32,061       seventy two,564       56,890     Proceeds from maturities of investments     20,900       11,490       102,175       fifty one,895     buy of investments     (73,532 )     (a hundred and forty four,519 )     (172,757 )     (206,a hundred and ten )   Acquisitions, internet of money bought     -       -       (150 )     -     Capital expenditures     (5,795 )     (7,885 )     (19,214 )     (20,977 )       cash used for investing actions     (6,814 )     (108,853 )     (17,382 )     (118,302 )                                   money flows from financing actions                                   Repurchase of commonplace inventory     (8,526 )     (9,556 )     (27,443 )     (482,776 )   employees' tax withheld and paid for constrained stock and limited stock gadgets     (1,071 )     (305 )     (7,306 )     (10,804 )   Proceeds from issuances beneath inventory-primarily based compensation plans     6,397       783       17,821       9,854     Proceeds from revolving line of credit score     -       -       -       155,749     Repayments of revolving line of credit score     -       -       -       (a hundred ninety,249 )   Proceeds from bonds issuance, net     -       -       -       488,401     charge of cash dividends     (6,460 )     (5,048 )     (19,296 )     (16,034 )   extra tax benefit from stock-based compensation     1,304       a hundred and fifty       2,988       3,300                                           money used for financing activities     (8,356 )     (13,976 )     (33,236 )     (forty two,559 ) impact of alternate cost changes on cash and money equivalents     (1,054 )     (491 )     (2,112 )     (921 )       net enhance (lower) in cash and cash equivalents     12,121       (eighty five,745 )     forty seven,646       (fifty seven,759 ) cash and money equivalents at beginning of duration     268,229       304,836       232,704       276,850   cash and cash equivalents at conclusion of length   $ 280,350     $ 219,091     $ 280,350     $ 219,091                                                                           PLANTRONICS, INC.   UNAUDITED RECONCILIATIONS OF GAAP MEASURES TO NON-GAAP MEASURES   ($ in heaps, apart from per share statistics)       UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS records                                 Three Months Ended     nine Months Ended       December 31,     December 31,       2014     2015     2014     2015   GAAP Gross profit   $ 119,916     $ 109,516     $ 352,453     $ 327,844     inventory-based mostly compensation     685       811       1,888       2,469   Non-GAAP Gross earnings   $ one hundred twenty,601     $ 110,327     $ 354,341     $ 330,313   Non-GAAP Gross earnings %     52.0 %     forty eight.9 %     fifty three.3 %     fifty one.0 %                                   GAAP research, building and engineering   $ 22,991     $ 20,811     $ 69,280     $ 66,614     inventory-based compensation     (2,068 )     (2,286 )     (5,934 )     (7,264 )   purchase accounting amortization     (64 )     (sixty two )     (175 )     (187 ) Non-GAAP research, construction and engineering   $ 20,859     $ 18,463     $ sixty three,171     $ 59,163                                     GAAP selling, everyday and administrative   $ 57,977     $ 53,715     $ 174,756     $ 163,689     inventory-based compensation     (four,677 )     (four,620 )     (13,300 )     (14,866 ) Non-GAAP selling, usual and administrative   $ 53,300     $ forty nine,095     $ 161,456     $ 148,823                                     GAAP operating fees   $ 79,302     $ 82,868     $ 236,220     $ 237,738     inventory-primarily based compensation     (6,745 )     (6,906 )     (19,234 )     (22,one hundred thirty )   buy accounting amortization     (sixty four )     (sixty two )     (one hundred seventy five )     (187 )   Restructuring and different linked expenses     -       (eight,433 )     -       (8,433 ) Non-GAAP working costs   $ 72,493     $ 67,467     $ 216,811     $ 206,988                                                                       null                                   PLANTRONICS, INC. UNAUDITED RECONCILIATIONS OF GAAP MEASURES TO NON-GAAP MEASURES ($ in lots, except per share statistics)                                   UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS statistics (persevered)                                       Three Months Ended       nine Months Ended         December 31,       December 31,    

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