Polycom legt Ergebnisse für zweites Quartal 2010 vor

Polycom, Inc. (Nasdaq: PLCM), ein weltweit führender Anbieter von Telepresence-, Video- und Sprachkommunikationslösungen, hat heute die Ergebnisse des zum 30. Juni 2010 abgeschlossenen zweiten Quartals vorgelegt. Der Konzernumsatz im zweiten Quartal 2010 belief sich demnach auf eine Rekordsumme von 295 Millionen Dollar, verglichen mit 231 Millionen Dollar im zweiten Quartal 2009. Für das zweite Quartal 2010 wurde ein Überschuss nach GAAP von 13 Millionen Dollar oder verwässert von 14 Cent je Aktie erzielt, verglichen mit 15 Millionen Dollar oder verwässert von 18 Cent je Aktie für den Vergleichszeitraum des Vorjahres. Der Non-GAAP-Überschuss für das zweite Quartal 2010 belief sich auf 30 Millionen Dollar oder verwässert auf 34 Cent je Aktie. Dem steht ein Non-GAAP-Überschuss in Höhe von 24 Millionen Dollar oder verwässert von 29 Cent je Aktie aus dem zweiten Quartal 2009 gegenüber. Für das Halbjahr zu Ende 30. Juni 2010 belief sich der Umsatz auf 571 Millionen Dollar, verglichen mit 456 Millionen Dollar für das erste Halbjahr 2009. Für das erste Halbjahr zu Ende 30. Juni 2010 wurde ein Überschuss nach GAAP von 18 Millionen Dollar oder verwässert von 21 Cent je Aktie erzielt, verglichen mit 23 Millionen oder verwässert von 28 Cent je Aktie für den Vergleichszeitraum des Vorjahres. Der Non-GAAP-Überschuss für diesen Zeitraum belief sich auf 55 Millionen Dollar oder verwässert auf 63 Cent je Aktie, verglichen mit 47 Millionen Dollar oder verwässert 55 Cent je Aktie für das erste Halbjahr 2009. Die Abstimmung zwischen Überschuss nach GAAP und Non-GAAP-Überschuss kann den Tabellen am Ende der Pressemitteilung entnommen werden. Nach Produktlinien schlüsseln sich die Konzernumsätze im zweiten Quartal 2010 folgendermaßen auf: - Videolösungen 67 % oder 197 Millionen Dollar (53 % oder 157 Mio. Dollar Videokommunikation und 14 % oder 40 Mio. Dollar Netzwerksysteme) und - Sprachkommunikation 33 % oder 98 Millionen Dollar. Nach Produktlinien schlüsseln sich die Konzernumsätze im zweiten Quartal 2009 folgendermaßen auf: - Videolösungen 70 % oder 162 Millionen Dollar (56 % oder 129 Mio. Dollar Videokommunikation und 14 % oder 33 Mio. Dollar Netzwerksysteme) und - Sprachkommunikation 30 % oder 69 Millionen Dollar. Die englische Pressemitteilung finden Sie unten im Text. Pressemitteilung: Polycom Reports Second Quarter 2010 Earnings Q2 Revenue Growth of 28 Percent Year-over-Year to a Record $295 Million PLEASANTON, U.S. - July 15, 2010 - Polycom, Inc. (Nasdaq: PLCM), a global leader in telepresence, video and voice communications solutions, today reported its earnings for the second quarter ended June 30, 2010. Second quarter 2010 consolidated net revenues were a record $295 million, compared to $231 million for the second quarter of 2009. GAAP net income for the second quarter of 2010 was $13 million, or 14 cents per diluted share, compared to $15 million, or 18 cents per diluted share, for the same period last year. Non-GAAP net income for the second quarter of 2010 was $30 million, or 34 cents per diluted share. This compares to Non-GAAP net income of $24 million, or 29 cents per diluted share, for the second quarter of 2009. For the six months ended June 30, 2010, net revenues were $571 million, compared to $456 million for the first six months of 2009. GAAP net income for the six months ended June 30, 2010 was $18 million, or 21 cents per diluted share, compared to GAAP net income of $23 million, or 28 cents per diluted share, for the same period last year. Non-GAAP net income for the period was $55 million, or 63 cents per diluted share, compared to $47 million, or 55 cents per diluted share, for the first six months of 2009. The reconciliation between GAAP net income and Non-GAAP net income is provided in the tables at the end of this release. On a product line basis, consolidated net revenues for the second quarter of 2010 were comprised of: - 67 percent video solutions, or $197 million (53 percent video communications, or $157 million, and 14 percent network systems, or $40 million); and - 33 percent voice communications, or $98 million. On a product line basis, consolidated net revenues for the second quarter of 2009 were comprised of: - 70 percent video solutions, or $162 million (56 percent video communications, or $129 million, and 14 percent network systems, or $33 million); and - 30 percent voice communications, or $69 million. "We generated record revenues and growth accelerated in the second quarter, which I believe validates Polycom"s strategic investments and confirms that our go-to-market strategy and innovative solutions are aligned with our customers and partners," said Andrew Miller, Polycom president and CEO. "The Polycom Open Collaboration Network, which includes other technology leaders such as Microsoft, IBM, and HP, is already driving significant revenues for our company by providing a beautifully integrated solution for our enterprise and public sector customers. We are also gaining traction with our service provider partners, as cloud-based delivery is increasingly being chosen by enterprises and other customers looking to increase their output and productivity through business-to-business unified collaboration solutions. As a result, we believe the network effect for video collaboration is becoming a reality, enabling a further extension of our solutions into small-to-medium businesses and, over time, into consumer and mobility." "We generated significant, broad-based growth across our theatres globally, driven by record levels of customer demand and strength in the emerging markets. Importantly, we continued to experience sales productivity gains, which contributed to our revenue ramp and further improvements in our operating margin. The strategic investment plan that we outlined over the last three quarters continues to yield better-than-planned results through our go-to-market focus, breakthrough innovations, and strategic partnerships. We believe we are well positioned to continue capitalising on what is proving to be an incredible market opportunity by leveraging the best development and sales engine in the industry. I am confident that we can continue to deliver strong growth, consistent market gains, and expanding operating margins," concluded Miller. "In the second quarter, revenue growth accelerated, both sequentially and year-over-year," said Michael Kourey, Polycom executive vice president, finance and administration, and CFO. "This drove our strong operating performance and, coupled with continued improvements in working capital management, we generated second quarter positive operating cash flow of $40 million-Polycom"s 50th consecutive quarter of positive operating cash flow. We exited the second quarter with $485 million in cash and investments and no debt." About Polycom Polycom, Inc. (Nasdaq: PLCM) is a global leader in telepresence, video, and voice solutions and a visionary in communications that empower people to connect and collaborate everywhere. Please visit www.polycom.com for more information or connect with Polycom on Twitter, Facebook, and LinkedIn. This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 regarding future events, future demand for our products, and the future performance of the Company, including statements regarding the validation of, future execution against and expected future gains from the Company"s strategic investment plan, go-to-market strategy and product offerings, and the Company as being well positioned to capture market opportunity and deliver strong growth, market gains and expanding operating margins in future periods. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the fact that the Company"s strategic investment plan may not yield the intended results or may take longer than originally anticipated to achieve such results, the impact of competition on our product sales and for our customers and partners, the impact of increased competition due to consolidation in our industry or competition from companies that are larger or that have greater resources than we do, potential fluctuations in results and future growth rates, risks associated with general economic conditions, the market acceptance of Polycom"s products and changing market demands, including demands for differing technologies or product and services offerings, possible delays in the development, availability and shipment of new products, increasing costs and differing uses of capital, changes in key personnel and our sales organization that may cause disruption to the business, the impact of restructuring actions, and the impact of global conflicts such as those in the Middle East that may adversely impact our business. Many of these risks and uncertainties are discussed in the Company"s Quarterly Report on Form 10-Q for the quarter ended Mar. 31, 2010, and in other reports filed by Polycom with the SEC. Polycom disclaims any intent or obligations to update these forward-looking statements. To supplement our consolidated financial statements presented on a GAAP basis, Polycom uses non-GAAP measures of operating results, net income and income per share, which are adjusted to exclude certain costs, expenses, gains and losses we believe appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future. These adjustments to our current period GAAP results are made with the intent of providing both management and investors a more complete understanding of Polycom's underlying operational results and trends and our marketplace performance. For example, the non-GAAP results are an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside of our core operating results. In addition, these adjusted non-GAAP results are among the primary indicators management uses as a basis for our planning and forecasting of future periods. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or diluted net income per share prepared in accordance with generally accepted accounting principles in the United States. Polycom will hold a conference call today and a replay of the call will also be available at www.polycom.com or, for callers outside of the US and Canada, at +1 402.977.9140. The access number for the replay is 21474590. A replay of the call will also be available on www.polycom.com for approximately 12 months. Polycom reserves the right to modify future product plans at any time. Products and/or related specifications referenced in this press release are not guaranteed and will be delivered on a when and if available basis. Polycom (Germany) GmbH Angelika Kempf Am Söldnermoos 17 85399 Hallbergmoos +49 89 41 77 61-14 http://www.polycom.com Pressekontakt: Lucy Turpin Communications GmbH Eva Hildebrandt Prinzregentenstraße 79 81675 München polycom@lucyturpin.com +49 89 41 77 61-14 http://www.lucyturpin.com